Hyatt Hotels Co. (NYSE:H) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. lowered its stake in Hyatt Hotels Co. (NYSE:H - Free Report) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,899,298 shares of the company's stock after selling 175,868 shares during the quarter. Vanguard Group Inc. owned about 4.06% of Hyatt Hotels worth $612,112,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in H. Versant Capital Management Inc increased its position in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after purchasing an additional 175 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after buying an additional 104 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of Hyatt Hotels in the 3rd quarter worth about $51,000. Venturi Wealth Management LLC raised its position in shares of Hyatt Hotels by 750.0% during the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after buying an additional 300 shares in the last quarter. Finally, Fifth Third Bancorp lifted its holdings 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 acquiring an additional 113 shares during the last quarter. Institutional investors own 73.54% of the company's stock.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Kinsey Wolf sold 1,000 shares of the company's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the transaction, the insider now directly owns 811 shares of the company's stock, valued at $99,712.45. This represents a 55.22 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the completion of the sale, 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. Insiders have sold 12,600 shares of company stock worth $1,517,798 over the last quarter. Insiders own 23.50% of the company's stock.

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Hyatt Hotels Stock Down 4.9 %

Shares of H traded down $5.61 during mid-day trading on Friday, hitting $109.63. The company's stock had a trading volume of 1,116,841 shares, compared to its average volume of 615,980. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The company's 50-day moving average is $138.73 and its 200-day moving average is $149.30. Hyatt Hotels Co. has a 52-week low of $107.52 and a 52-week high of $168.20. The firm has a market capitalization of $10.54 billion, a price-to-earnings ratio of 8.81 and a beta of 1.35.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm earned $0.64 EPS. On average, equities research analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date was Friday, February 28th. Hyatt Hotels's payout ratio is currently 4.82%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Wells Fargo & Company cut their target price on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Evercore ISI raised shares of Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 target price on the stock in a research note on Wednesday, March 5th. Mizuho dropped their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating for the company in a research note on Friday, February 14th. JPMorgan Chase & Co. increased their price objective on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an "overweight" rating in a research report on Friday, December 13th. Finally, Morgan Stanley dropped their target price on Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating for the company in a research report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $161.97.

About Hyatt Hotels

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.