New England Research & Management Inc. Raises Position in Hyatt Hotels Co. (NYSE:H)

New England Research & Management Inc. raised its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 36.0% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,275 shares of the company's stock after buying an additional 3,250 shares during the period. Hyatt Hotels comprises about 1.0% of New England Research & Management Inc.'s investment portfolio, making the stock its 29th biggest holding. New England Research & Management Inc.'s holdings in Hyatt Hotels were worth $1,927,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Bamco Inc. NY raised its holdings in Hyatt Hotels by 1.3% in the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company's stock worth $834,574,000 after purchasing an additional 68,608 shares in the last quarter. Wellington Management Group LLP raised its stake in Hyatt Hotels by 3.3% in the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company's stock worth $267,192,000 after buying an additional 56,082 shares in the last quarter. State Street Corp lifted its holdings in Hyatt Hotels by 0.4% in the third quarter. State Street Corp now owns 1,441,148 shares of the company's stock worth $219,343,000 after buying an additional 6,007 shares during the period. Geode Capital Management LLC boosted its position in Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company's stock valued at $114,214,000 after acquiring an additional 7,440 shares in the last quarter. Finally, Handelsbanken Fonder AB grew its holdings in shares of Hyatt Hotels by 9.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 354,900 shares of the company's stock worth $54,016,000 after acquiring an additional 29,300 shares during the period. Institutional investors own 73.54% of the company's stock.

Hyatt Hotels Trading Up 2.1 %

Shares of NYSE:H traded up $3.23 during trading hours on Thursday, hitting $160.68. 172,288 shares of the company's stock traded hands, compared to its average volume of 402,198. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The business has a fifty day moving average price of $156.94 and a 200-day moving average price of $152.07. Hyatt Hotels Co. has a 1 year low of $125.44 and a 1 year high of $168.20. The firm has a market capitalization of $15.43 billion, a P/E ratio of 12.09 and a beta of 1.48.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating analysts' consensus estimates of $0.90 by $0.04. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter last year, the business posted $0.70 EPS. Equities analysts expect that Hyatt Hotels Co. will post 3.8 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the transaction, the insider now directly owns 5,798 shares of the company's stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 23.50% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on H shares. Macquarie dropped their price objective on shares of Hyatt Hotels from $165.00 to $164.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. Robert W. Baird upped their price target on Hyatt Hotels from $157.00 to $158.00 and gave the stock a "neutral" rating in a research note on Monday, November 4th. Jefferies Financial Group lifted their price objective on Hyatt Hotels from $150.00 to $176.00 and gave the company a "hold" rating in a research note on Thursday, January 2nd. Morgan Stanley cut their target price on Hyatt Hotels from $160.00 to $153.00 and set an "equal weight" rating on the stock in a research note on Monday, November 18th. Finally, Stifel Nicolaus upped their price target on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a "hold" rating in a research note on Tuesday, November 26th. Fourteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, Hyatt Hotels currently has a consensus rating of "Hold" and an average target price of $156.48.

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.