Boothbay Fund Management LLC Purchases Shares of 5,967 Hyatt Hotels Co. (NYSE:H)

Boothbay Fund Management LLC bought a new position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,967 shares of the company's stock, valued at approximately $937,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bernard Wealth Management Corp. purchased a new stake in Hyatt Hotels in the fourth quarter valued at about $26,000. Versant Capital Management Inc boosted its holdings in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after buying an additional 175 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after acquiring an additional 104 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after purchasing an additional 300 shares during the period. Finally, Fifth Third Bancorp grew its stake in 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 period. Institutional investors own 73.54% of the company's stock.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 10,000 shares of Hyatt Hotels stock in a transaction on 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 completion of the transaction, the insider now directly owns 9,337 shares in the company, valued at approximately $1,090,561.60. This trade represents a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of the company's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,600 shares of company stock valued at $1,517,798 over the last quarter. 23.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. Robert W. Baird decreased their price target on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. Melius Research upgraded Hyatt Hotels to a "strong-buy" rating in a research note on Monday, April 21st. Macquarie decreased their target price on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research report on Friday. Finally, StockNews.com cut shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Hyatt Hotels currently has a consensus rating of "Hold" and a consensus target price of $151.17.

Hyatt Hotels Trading Up 3.6 %

H stock traded up $4.32 during midday trading on Friday, hitting $123.00. 1,583,520 shares of the company's stock were exchanged, compared to its average volume of 661,220. Hyatt Hotels Co. has a 1-year low of $102.43 and a 1-year high of $168.20. The business has a 50-day simple moving average of $120.25 and a two-hundred day simple moving average of $142.97. The stock has a market capitalization of $11.83 billion, a PE ratio of 9.89 and a beta of 1.35. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.16. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the previous year, the firm earned $0.71 EPS. On average, sell-side analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be issued a $0.15 dividend. The ex-dividend date is Thursday, May 29th. This represents a $0.60 annualized dividend and a yield of 0.49%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

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.