Orion Portfolio Solutions LLC Lowers Stake in Hyatt Hotels Co. (NYSE:H)

Orion Portfolio Solutions LLC decreased its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 34.6% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,025 shares of the company's stock after selling 5,836 shares during the period. Orion Portfolio Solutions LLC's holdings in Hyatt Hotels were worth $1,678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in H. Asset Management One Co. Ltd. boosted its stake in Hyatt Hotels by 0.4% in the third quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company's stock valued at $2,365,000 after acquiring an additional 66 shares in the last quarter. PFG Investments LLC lifted its holdings 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 buying an additional 70 shares during the period. Hunter Associates Investment Management LLC boosted its stake in shares of Hyatt Hotels by 0.6% in the third quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company's stock worth $2,601,000 after buying an additional 95 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in Hyatt Hotels by 0.8% during the second quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the company's stock worth $1,945,000 after acquiring an additional 100 shares during the period. Finally, AdvisorShares Investments LLC lifted its holdings in Hyatt Hotels by 23.9% in the second quarter. AdvisorShares Investments LLC now owns 559 shares of the company's stock valued at $83,000 after acquiring an additional 108 shares during the period. Hedge funds and other institutional investors own 73.54% of the company's stock.

Hyatt Hotels Stock Performance

H stock traded down $0.44 on Friday, hitting $159.09. The company's stock had a trading volume of 414,942 shares, compared to its average volume of 585,895. The stock has a market cap of $15.28 billion, a price-to-earnings ratio of 11.93 and a beta of 1.50. The firm has a 50 day moving average of $154.88 and a two-hundred day moving average of $150.27. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels Co. has a 1 year low of $124.40 and a 1 year high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period last year, the business posted $0.70 EPS. Equities analysts predict that Hyatt Hotels Co. will post 3.89 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.52%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Morgan Stanley lowered their price target on Hyatt Hotels from $160.00 to $153.00 and set an "equal weight" rating on the stock in a research report on Monday, November 18th. StockNews.com upgraded shares of Hyatt Hotels from a "sell" rating to a "hold" rating in a research report on Monday, November 4th. Sanford C. Bernstein dropped their target price on shares of Hyatt Hotels from $185.00 to $178.00 and set an "outperform" rating on the stock in a research report on Thursday, August 29th. 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 report on Tuesday, November 26th. Finally, The Goldman Sachs Group lifted their price objective on Hyatt Hotels from $151.00 to $167.00 and gave the stock a "neutral" rating in a report on Tuesday. Fifteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, Hyatt Hotels currently has a consensus rating of "Hold" and an average target price of $152.88.

Insiders Place Their Bets

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

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.