Occudo Quantitative Strategies LP Purchases Shares of 1,968 Hyatt Hotels Co. (NYSE:H)

Occudo Quantitative Strategies LP bought a new stake in Hyatt Hotels Co. (NYSE:H - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,968 shares of the company's stock, valued at approximately $309,000.

Several other institutional investors and hedge funds also recently made changes to their positions in H. OMERS ADMINISTRATION Corp increased its position in Hyatt Hotels by 20.6% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 1,849 shares of the company's stock valued at $290,000 after acquiring an additional 316 shares in the last quarter. Hudson Bay Capital Management LP bought a new position in shares of Hyatt Hotels in the fourth quarter worth about $7,413,000. Gotham Asset Management LLC raised its stake in shares of Hyatt Hotels by 14.0% in the fourth quarter. Gotham Asset Management LLC now owns 70,323 shares of the company's stock worth $11,039,000 after acquiring an additional 8,637 shares during the last quarter. Graham Capital Management L.P. raised its stake in shares of Hyatt Hotels by 30.0% in the fourth quarter. Graham Capital Management L.P. now owns 4,407 shares of the company's stock worth $692,000 after acquiring an additional 1,018 shares during the last quarter. Finally, Ethic Inc. raised its stake in shares of Hyatt Hotels by 15.7% in the fourth quarter. Ethic Inc. now owns 6,873 shares of the company's stock worth $1,079,000 after acquiring an additional 934 shares during the last quarter. Institutional investors and hedge funds own 73.54% of the company's stock.

Insiders Place Their Bets

In other news, insider Jnp 2010-Pg Trust sold 266,793 shares of Hyatt Hotels stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total value of $35,416,770.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the transaction, the insider now directly owns 811 shares of the company's stock, valued at approximately $99,712.45. This trade represents a 55.22% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 377,220 shares of company stock valued at $49,921,103 in the last quarter. 23.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on H. Stifel Nicolaus dropped their target price on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating for the company in a research note on Wednesday, April 16th. Macquarie cut their target price on shares of Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Wells Fargo & Company cut their target price on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Jefferies Financial Group cut their target price on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Finally, Truist Financial cut their target price on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $151.17.

Hyatt Hotels Stock Down 1.2%

NYSE H traded down $1.66 during trading hours on Tuesday, reaching $132.06. 600,488 shares of the company's stock were exchanged, compared to its average volume of 687,725. The company's 50-day moving average is $119.05 and its two-hundred day moving average is $141.12. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $12.61 billion, a price-to-earnings ratio of 10.62 and a beta of 1.36.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The business had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.71 billion. During the same period in the prior year, the business earned $0.71 EPS. On average, analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Thursday, May 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is currently 7.79%.

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.