Bain Capital Public Equity Management II LLC Boosts Position in Hyatt Hotels Co. (NYSE:H)

Bain Capital Public Equity Management II LLC lifted its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 1.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 611,948 shares of the company's stock after acquiring an additional 8,254 shares during the quarter. Hyatt Hotels makes up 4.3% of Bain Capital Public Equity Management II LLC's investment portfolio, making the stock its 11th largest position. Bain Capital Public Equity Management II LLC owned approximately 0.64% of Hyatt Hotels worth $96,064,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Hyatt Hotels by 2.3% in the third quarter. Barclays PLC now owns 45,648 shares of the company's stock valued at $6,946,000 after purchasing an additional 1,032 shares in the last quarter. Tidal Investments LLC bought a new stake in Hyatt Hotels during the 3rd quarter worth approximately $273,000. Synovus Financial Corp grew its position in shares of Hyatt Hotels by 15.4% during the 3rd quarter. Synovus Financial Corp now owns 3,492 shares of the company's stock valued at $531,000 after purchasing an additional 467 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of 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 period. Finally, GAMMA Investing LLC grew its position in Hyatt Hotels by 17.2% during the fourth quarter. GAMMA Investing LLC now owns 1,056 shares of the company's stock worth $166,000 after buying an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Mark R. Vondrasek sold 10,000 shares of the company's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now directly owns 9,337 shares of the company's stock, valued at $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels 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 completion of the sale, the director now owns 37,927 shares of the company's stock, valued at $5,377,290.06. The trade was a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,600 shares of company stock worth $1,517,798. 23.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on H. Morgan Stanley dropped their price target on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Mizuho lowered their price target on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Susquehanna raised their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Robert W. Baird reduced 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 report on Wednesday, February 19th. Finally, Macquarie lowered their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $151.17.

Hyatt Hotels Trading Up 1.8 %

Shares of NYSE:H traded up $2.16 on Wednesday, hitting $123.72. The company had a trading volume of 1,340,305 shares, compared to its average volume of 669,772. Hyatt Hotels Co. has a 1 year low of $102.43 and a 1 year high of $168.20. The firm's 50-day simple moving average is $119.20 and its two-hundred day simple moving average is $142.33. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $11.90 billion, a price-to-earnings ratio of 9.95 and a beta of 1.36.

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, beating analysts' consensus estimates of $0.30 by $0.16. The company had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.71 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period last year, the company posted $0.71 EPS. Equities analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors 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 0.48%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is presently 7.79%.

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.