Hyatt Hotels Co. (NYSE:H) Position Lowered by Nicola Wealth Management LTD.

Nicola Wealth Management LTD. lessened its holdings in Hyatt Hotels Co. (NYSE:H - Free Report) by 9.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 116,500 shares of the company's stock after selling 12,000 shares during the period. Hyatt Hotels makes up 1.9% of Nicola Wealth Management LTD.'s investment portfolio, making the stock its 18th largest position. Nicola Wealth Management LTD. owned 0.12% of Hyatt Hotels worth $18,288,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Creative Planning increased its stake in Hyatt Hotels by 7.1% during the 3rd quarter. Creative Planning now owns 4,544 shares of the company's stock worth $692,000 after buying an additional 300 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Hyatt Hotels by 18.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,035 shares of the company's stock worth $310,000 after acquiring an additional 321 shares during the last quarter. State of Alaska Department of Revenue raised its stake in Hyatt Hotels by 7.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 5,260 shares of the company's stock valued at $800,000 after acquiring an additional 350 shares during the last quarter. Nisa Investment Advisors LLC increased its stake in Hyatt Hotels by 21.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 620 shares of the company's stock valued at $94,000 after buying an additional 110 shares during the period. Finally, QRG Capital Management Inc. raised its position in Hyatt Hotels by 7.7% during the 3rd quarter. QRG Capital Management Inc. now owns 19,080 shares of the company's stock worth $2,904,000 after buying an additional 1,368 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. StockNews.com lowered shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Macquarie dropped their target price on Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Stifel Nicolaus raised their price target on Hyatt Hotels from $145.50 to $157.50 and gave the company a "hold" rating in a report on Tuesday, November 26th. Morgan Stanley dropped their price objective on Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating on the stock in a report on Tuesday. Finally, JPMorgan Chase & Co. raised their target price on Hyatt Hotels from $163.00 to $168.00 and gave the company an "overweight" rating in a report on Friday, December 13th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Hyatt Hotels presently has an average rating of "Hold" and an average target price of $163.13.

Insider Transactions at Hyatt Hotels

In related 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 transaction of $226,848.00. Following the completion of the transaction, the director now owns 37,927 shares of the company's stock, valued at approximately $5,377,290.06. This represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 23.50% of the company's stock.

Hyatt Hotels Price Performance

Shares of Hyatt Hotels stock traded up $2.91 during trading on Wednesday, hitting $140.16. 346,174 shares of the company were exchanged, compared to its average volume of 691,014. The firm has a 50 day moving average price of $152.75 and a 200 day moving average price of $152.87. The stock has a market capitalization of $13.48 billion, a price-to-earnings ratio of 11.26 and a beta of 1.51. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a fifty-two week low of $128.91 and a fifty-two week high of $168.20.

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

Hyatt Hotels Announces Dividend

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