Mitsubishi UFJ Trust & Banking Corp Has $3.64 Million Position in Hyatt Hotels Co. (NYSE:H)

Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Hyatt Hotels Co. (NYSE:H - Free Report) by 16.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 23,189 shares of the company's stock after purchasing an additional 3,314 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Hyatt Hotels were worth $3,640,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Versant Capital Management Inc raised its stake in shares of Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company's stock valued at $32,000 after purchasing an additional 175 shares in the last quarter. UMB Bank n.a. increased its holdings in Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock valued at $33,000 after buying an additional 104 shares during the last quarter. iA Global Asset Management Inc. acquired a new stake in Hyatt Hotels during the third quarter valued at approximately $51,000. Venturi Wealth Management LLC lifted its holdings in Hyatt Hotels by 750.0% during the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock worth $53,000 after buying an additional 300 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company's stock worth $73,000 after acquiring an additional 113 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on H shares. Mizuho reduced their price objective on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Robert W. Baird reduced their price target on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. The Goldman Sachs Group lowered their price objective on shares of Hyatt Hotels from $170.00 to $150.00 and set a "neutral" rating for the company in a research report on Thursday, March 6th. StockNews.com cut shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Finally, Barclays lowered their price objective on Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $161.97.

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Insider Buying and Selling

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This represents a 4.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now directly owns 811 shares of the company's stock, valued at $99,712.45. This trade represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,600 shares of company stock valued at $1,517,798. Company insiders own 23.50% of the company's stock.

Hyatt Hotels Price Performance

Shares of NYSE H traded down $5.61 during mid-day trading on Friday, reaching $109.63. The company had a trading volume of 1,116,841 shares, compared to its average volume of 617,136. The company has a 50-day moving average price of $138.73 and a two-hundred day moving average price of $149.30. The stock has a market cap of $10.54 billion, a PE ratio of 8.81 and a beta of 1.35. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a 1-year low of $107.47 and a 1-year high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The company had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.63 billion. During the same period in the prior year, the business posted $0.64 EPS. On average, equities analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were given a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.55%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Hyatt Hotels 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.