Lingotto Investment Management LLP Increases Position in Hyatt Hotels Co. (NYSE:H)

Lingotto Investment Management LLP raised its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 10.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 35,221 shares of the company's stock after buying an additional 3,355 shares during the period. Lingotto Investment Management LLP's holdings in Hyatt Hotels were worth $5,529,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Creative Planning increased its stake in shares of Hyatt Hotels by 7.1% in the 3rd quarter. Creative Planning now owns 4,544 shares of the company's stock valued at $692,000 after purchasing an additional 300 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company's stock valued at $49,000 after purchasing an additional 213 shares in the last quarter. Raymond James & Associates increased its stake in shares of Hyatt Hotels by 1.0% in the 3rd quarter. Raymond James & Associates now owns 69,453 shares of the company's stock valued at $10,571,000 after purchasing an additional 666 shares in the last quarter. PFG Investments LLC increased its stake in shares of Hyatt Hotels by 1.5% in the 3rd quarter. PFG Investments LLC now owns 4,846 shares of the company's stock valued at $738,000 after purchasing an additional 70 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Hyatt Hotels by 18.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,035 shares of the company's stock valued at $310,000 after purchasing an additional 321 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Stifel Nicolaus lifted their price target on Hyatt Hotels from $145.50 to $157.50 and gave the company a "hold" rating in a research note on Tuesday, November 26th. JPMorgan Chase & Co. lifted their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. StockNews.com cut Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Deutsche Bank Aktiengesellschaft lifted their price objective on Hyatt Hotels from $120.00 to $127.00 and gave the stock a "hold" rating in a report on Friday, November 1st. Finally, Mizuho lowered their price objective on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, Hyatt Hotels has a consensus rating of "Hold" and an average target price of $162.55.

Hyatt Hotels Trading Up 1.2 %

Shares of H stock traded up $1.74 during trading on Friday, hitting $140.93. 875,744 shares of the stock traded hands, compared to its average volume of 696,683. The firm has a market capitalization of $13.55 billion, a P/E ratio of 11.33 and a beta of 1.48. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The firm's fifty day moving average price is $153.53 and its 200-day moving average price is $152.71. Hyatt Hotels Co. has a 52-week low of $128.91 and a 52-week high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The firm had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the previous year, the firm posted $0.64 EPS. As a group, research analysts forecast that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Friday, February 28th. Hyatt Hotels's payout ratio is presently 4.82%.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.