Russell Investments Group Ltd. Purchases 8,270 Shares of Hyatt Hotels Co. (NYSE:H)

Russell Investments Group Ltd. lifted its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 50.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,534 shares of the company's stock after acquiring an additional 8,270 shares during the quarter. Russell Investments Group Ltd.'s holdings in Hyatt Hotels were worth $3,854,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MML Investors Services LLC lifted its stake in shares of Hyatt Hotels by 5.3% in the 3rd quarter. MML Investors Services LLC now owns 5,249 shares of the company's stock worth $799,000 after purchasing an additional 262 shares during the period. Barclays PLC raised its position in shares of Hyatt Hotels by 2.3% during the third quarter. Barclays PLC now owns 45,648 shares of the company's stock valued at $6,946,000 after buying an additional 1,032 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Hyatt Hotels by 1.0% during the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company's stock valued at $114,214,000 after purchasing an additional 7,440 shares in the last quarter. Toronto Dominion Bank increased its stake in Hyatt Hotels by 30.9% in the 3rd quarter. Toronto Dominion Bank now owns 5,755 shares of the company's stock worth $876,000 after acquiring an additional 1,357 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Hyatt Hotels during the third quarter valued at $1,048,000. Hedge funds and other institutional investors own 73.54% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on H. Susquehanna increased their price target on Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Barclays reduced their price target on shares of Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a research report on Friday, February 14th. Wells Fargo & Company reduced their target price on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Macquarie cut their price target on Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Finally, Jefferies Financial Group cut their price target on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $155.22.

Hyatt Hotels Stock Up 0.2 %

Shares of NYSE:H traded up $0.18 during trading on Friday, reaching $106.19. 1,018,788 shares of the company traded hands, compared to its average volume of 639,795. The firm has a market cap of $10.21 billion, a P/E ratio of 8.54 and a beta of 1.35. 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 1-year low of $102.43 and a 1-year high of $168.20. The firm has a fifty day simple moving average of $126.69 and a 200 day simple moving average of $145.67.

Hyatt Hotels (NYSE:H - Get Free Report) last posted 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 return on equity of 9.81% and a net margin of 19.50%. The business 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 company earned $0.64 earnings per share. Analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.57%. Hyatt Hotels's payout ratio is presently 4.82%.

Insider Buying and Selling at Hyatt Hotels

In other news, Director Susan D. Kronick sold 1,600 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Mark R. Vondrasek sold 10,000 shares of the firm's stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the transaction, the insider now owns 9,337 shares in the company, valued at approximately $1,090,561.60. This trade represents a 51.71 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,600 shares of company stock valued at $1,517,798. 23.70% of the stock is currently owned by company insiders.

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.