Rhumbline Advisers Has $19.73 Million Position in Hyatt Hotels Co. (NYSE:H)

Rhumbline Advisers lowered its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 3.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,698 shares of the company's stock after selling 4,235 shares during the quarter. Rhumbline Advisers owned about 0.13% of Hyatt Hotels worth $19,732,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Icon Wealth Advisors LLC grew its holdings in Hyatt Hotels by 17,641.6% during the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company's stock valued at $20,009,000 after purchasing an additional 130,724 shares during the last quarter. KBC Group NV grew its stake in Hyatt Hotels by 978.3% in the 4th quarter. KBC Group NV now owns 108,966 shares of the company's stock valued at $17,106,000 after buying an additional 98,861 shares during the last quarter. 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 acquiring an additional 68,608 shares during the period. Worldquant Millennium Advisors LLC boosted its holdings in Hyatt Hotels by 87.2% during the third quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company's stock valued at $21,431,000 after acquiring an additional 65,577 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Hyatt Hotels by 3.3% in the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company's stock valued at $267,192,000 after purchasing an additional 56,082 shares during the last quarter. Institutional investors and hedge funds own 73.54% of the company's stock.

Hyatt Hotels Price Performance

NYSE H traded down $1.98 during trading hours on Monday, reaching $138.04. 853,392 shares of the company's stock were exchanged, compared to its average volume of 693,208. The firm has a fifty day moving average of $154.82 and a 200-day moving average of $152.82. 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 one year low of $128.91 and a one year high of $168.20. The stock has a market cap of $13.27 billion, a PE ratio of 11.10 and a beta of 1.48.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its 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 net margin of 19.50% and a return on equity of 9.81%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the business posted $0.64 earnings per share. On average, equities research analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.43%. Hyatt Hotels's dividend payout ratio (DPR) is currently 4.82%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on H shares. StockNews.com cut Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Jefferies Financial Group boosted their price objective on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a "hold" rating in a report on Thursday, January 2nd. Mizuho decreased their price objective on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a report on Friday, February 14th. HSBC lowered Hyatt Hotels from a "buy" rating to a "hold" rating and set a $156.00 target price for the company. in a research note on Friday, November 1st. Finally, Robert W. Baird decreased 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 note on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $162.29.

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.