UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 26,985 Shares of Hyatt Hotels Co. (NYSE:H)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 12.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 241,011 shares of the company's stock after acquiring an additional 26,985 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of Hyatt Hotels worth $36,682,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of H. Summit Securities Group LLC bought a new position in Hyatt Hotels during the second quarter worth about $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Hyatt Hotels during the third quarter worth about $30,000. Blue Trust Inc. grew its stake in Hyatt Hotels by 190.2% during the third quarter. Blue Trust Inc. now owns 325 shares of the company's stock worth $49,000 after buying an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Hyatt Hotels by 1,107.1% during the second quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company's stock worth $50,000 after buying an additional 310 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in Hyatt Hotels by 31.1% during the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 485 shares of the company's stock worth $74,000 after buying an additional 115 shares in the last quarter. 71.02% of the stock is owned by institutional investors.

Hyatt Hotels Stock Up 2.2 %

Shares of Hyatt Hotels stock traded up $3.46 during trading on Wednesday, reaching $161.50. 269,388 shares of the company traded hands, compared to its average volume of 578,617. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. Hyatt Hotels Co. has a 1-year low of $116.20 and a 1-year high of $162.24. The company has a 50 day moving average price of $153.75 and a 200-day moving average price of $149.69. The firm has a market capitalization of $15.51 billion, a PE ratio of 11.91 and a beta of 1.50.

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

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 annualized dividend and a yield of 0.37%. Hyatt Hotels's payout ratio is 4.52%.

Insiders Place Their Bets

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

Analysts Set New Price Targets

H has been the topic of a number of analyst reports. Susquehanna reduced their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 14th. StockNews.com upgraded shares of Hyatt Hotels from a "sell" rating to a "hold" rating in a research note on Monday, November 4th. Macquarie reduced their price target on shares of Hyatt Hotels from $165.00 to $164.00 and set an "outperform" rating on the stock in a research note on Friday, November 1st. HSBC downgraded shares of Hyatt Hotels from a "buy" rating to a "hold" rating and set a $156.00 price target on the stock. in a research note on Friday, November 1st. Finally, Hsbc Global Res upgraded shares of Hyatt Hotels to a "hold" rating in a research note on Friday, November 1st. Fifteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $151.88.

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.