XTX Topco Ltd Invests $1.59 Million in Hyatt Hotels Co. (NYSE:H)

XTX Topco Ltd acquired a new stake in Hyatt Hotels Co. (NYSE:H - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 10,426 shares of the company's stock, valued at approximately $1,587,000.

Several other institutional investors have also added to or reduced their stakes in H. Park Avenue Securities LLC increased its position in shares of Hyatt Hotels by 6.8% during the second quarter. Park Avenue Securities LLC now owns 3,866 shares of the company's stock worth $587,000 after buying an additional 246 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Hyatt Hotels during the second quarter worth about $260,000. OFI Invest Asset Management acquired a new stake in shares of Hyatt Hotels in the 2nd quarter worth about $4,323,000. Raymond James & Associates lifted its position in Hyatt Hotels by 113.1% in the 2nd quarter. Raymond James & Associates now owns 68,787 shares of the company's stock valued at $10,450,000 after acquiring an additional 36,510 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC acquired a new position in Hyatt Hotels during the 2nd quarter valued at about $210,000. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Hyatt Hotels from $120.00 to $127.00 and gave the stock a "hold" rating in a research report on Friday, November 1st. Mizuho decreased their target price on Hyatt Hotels from $200.00 to $198.00 and set an "outperform" rating for the company in a research report on Monday, November 4th. The Goldman Sachs Group began coverage on shares of Hyatt Hotels in a report on Wednesday, September 18th. They issued a "neutral" rating and a $151.00 price target on the stock. Wells Fargo & Company lowered their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an "overweight" rating on the stock in a research report on Friday, November 1st. Finally, Susquehanna reduced their target price on shares of Hyatt Hotels from $160.00 to $150.00 and set a "neutral" rating for the company in a research report on Wednesday, August 14th. Fifteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, Hyatt Hotels has a consensus rating of "Hold" and a consensus target price of $151.88.

Insider Buying and Selling

In other news, insider Mark R. Vondrasek sold 3,776 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the transaction, the insider now directly owns 5,798 shares in the company, valued at $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 23.50% of the stock is owned by corporate insiders.

Hyatt Hotels Stock Down 3.0 %

Shares of NYSE H traded down $4.87 on Monday, reaching $158.53. 698,280 shares of the company's stock traded hands, compared to its average volume of 587,802. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market cap of $15.22 billion, a price-to-earnings ratio of 11.95 and a beta of 1.50. The business's 50 day simple moving average is $154.28 and its two-hundred day simple moving average is $150.04. Hyatt Hotels Co. has a 12 month low of $123.00 and a 12 month high of $168.20.

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

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a dividend of $0.15 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.38%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.52%.

Hyatt Hotels Company 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.