Aquatic Capital Management LLC Invests $521,000 in Hyatt Hotels Co. (NYSE:H)

Aquatic Capital Management LLC bought a new stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,322 shares of the company's stock, valued at approximately $521,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bernard Wealth Management Corp. acquired a new stake in Hyatt Hotels during the 4th quarter worth about $26,000. Versant Capital Management Inc raised its position in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock valued at $32,000 after acquiring an additional 175 shares in the last quarter. UMB Bank n.a. lifted 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 valued at $33,000 after purchasing an additional 104 shares during the period. Venturi Wealth Management LLC raised its position in shares of Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock worth $53,000 after acquiring an additional 300 shares during the period. Finally, Fifth Third Bancorp boosted its position in Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock worth $73,000 after purchasing an additional 113 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kinsey Wolf sold 1,000 shares of the 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 sale, the insider now owns 811 shares of the company's stock, valued at $99,712.45. This trade represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,600 shares of company stock worth $1,517,798. 23.70% of the stock is currently owned by company insiders.

Hyatt Hotels Trading Up 3.6 %

Shares of H traded up $4.32 during midday trading on Friday, hitting $123.00. 1,583,520 shares of the stock were exchanged, compared to its average volume of 662,334. 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 firm has a market cap of $11.83 billion, a P/E ratio of 9.89 and a beta of 1.36. Hyatt Hotels Co. has a 52-week low of $102.43 and a 52-week high of $168.20. The stock has a fifty day simple moving average of $120.25 and a 200 day simple moving average of $142.83.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly 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 net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period in the prior year, the firm earned $0.71 earnings per share. On average, research analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business 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 $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's dividend payout ratio is currently 7.79%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Stifel Nicolaus lowered their price objective on Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating on the stock in a report on Wednesday, April 16th. Robert W. Baird dropped their price target on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. The Goldman Sachs Group lifted their price objective on Hyatt Hotels from $110.00 to $123.00 and gave the stock a "sell" rating in a research report on Friday. Mizuho dropped their target price on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Finally, Truist Financial reduced their price target on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Hyatt Hotels has an average rating of "Hold" and an average price target of $151.17.

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.