Quantbot Technologies LP Has $2.98 Million Stock Holdings in Hyatt Hotels Co. (NYSE:H)

Quantbot Technologies LP cut its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 47.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,993 shares of the company's stock after selling 16,940 shares during the period. Quantbot Technologies LP's holdings in Hyatt Hotels were worth $2,982,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in H. Kensington Investment Counsel LLC increased its position in shares of Hyatt Hotels by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company's stock valued at $2,136,000 after buying an additional 95 shares in the last quarter. Bridges Investment Management Inc. grew its stake in Hyatt Hotels by 2.3% in the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company's stock valued at $681,000 after acquiring an additional 99 shares during the period. UMB Bank n.a. raised its position in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after purchasing an additional 104 shares during the period. Arizona State Retirement System lifted its holdings in shares of Hyatt Hotels by 0.9% during the 4th quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock valued at $2,049,000 after purchasing an additional 110 shares in 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 valued at $73,000 after purchasing an additional 113 shares during the period. Institutional investors own 73.54% of the company's stock.

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Hyatt Hotels Price Performance

Shares of H traded down $0.56 during trading hours on Thursday, hitting $124.65. 803,553 shares of the company were exchanged, compared to its average volume of 586,383. The company has a market cap of $11.99 billion, a price-to-earnings ratio of 10.02 and a beta of 1.51. The firm's fifty day moving average is $143.69 and its 200 day moving average is $150.55. Hyatt Hotels Co. has a fifty-two week low of $116.13 and a fifty-two week high of $168.20. 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 (NYSE:H - Get Free Report) last released its 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). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the prior year, the business earned $0.64 earnings per share. On average, equities analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.48%. The ex-dividend date was Friday, February 28th. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Insider Activity

In related news, insider Mark R. Vondrasek sold 10,000 shares of Hyatt Hotels stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the sale, the insider now directly owns 9,337 shares in the company, valued at $1,090,561.60. This trade represents a 51.71 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 trade represents a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,600 shares of company stock worth $1,517,798. Corporate insiders own 23.50% of the company's stock.

Wall Street Analyst Weigh In

H has been the topic of a number of research reports. Jefferies Financial Group lifted their price target on shares of Hyatt Hotels from $150.00 to $176.00 and gave the company a "hold" rating in a research note on Thursday, January 2nd. Susquehanna boosted their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. The Goldman Sachs Group lowered their target price on Hyatt Hotels from $170.00 to $150.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Evercore ISI upgraded Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 price target on the stock in a report on Wednesday, March 5th. Finally, Wells Fargo & Company reduced their target price on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $161.97.

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.