BNP Paribas Financial Markets Acquires 6,039 Shares of Hyatt Hotels Co. (NYSE:H)

BNP Paribas Financial Markets boosted its stake in Hyatt Hotels Co. (NYSE:H - Free Report) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,273 shares of the company's stock after acquiring an additional 6,039 shares during the period. BNP Paribas Financial Markets' holdings in Hyatt Hotels were worth $5,380,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Bernard Wealth Management Corp. bought a new stake in Hyatt Hotels in the fourth quarter worth about $26,000. UMB Bank n.a. raised its position in shares of Hyatt Hotels by 99.0% in the fourth 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 valued at $53,000 after purchasing an additional 300 shares during the period. Fifth Third Bancorp raised its position in shares of Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after purchasing an additional 113 shares during the period. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Hyatt Hotels in the fourth quarter valued at approximately $88,000. Institutional investors own 73.54% of the company's stock.

Hyatt Hotels Trading Down 1.0%

Shares of H stock traded down $1.38 on Monday, hitting $133.65. 837,704 shares of the company's stock traded hands, compared to its average volume of 688,074. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20. The company's fifty day simple moving average is $119.05 and its 200 day simple moving average is $141.12. The stock has a market capitalization of $12.76 billion, a price-to-earnings ratio of 10.74 and a beta of 1.36.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.46 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 company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm earned $0.71 EPS. Equities analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm 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 dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels's dividend payout ratio is currently 7.79%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on H shares. Truist Financial lowered their price target 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. Barclays boosted their price target on shares of Hyatt Hotels from $122.00 to $127.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. StockNews.com lowered shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Morgan Stanley lowered their price target on shares of Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. Finally, Wells Fargo & Company lowered their price target 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. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Hyatt Hotels currently has a consensus rating of "Hold" and a consensus target price of $151.17.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Jnp 2010-Pg Trust sold 266,793 shares of the company's stock in a transaction on 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of the company's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the transaction, the director now owns 37,927 shares of the company's stock, valued at $5,377,290.06. This trade represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 377,220 shares of company stock valued at $49,921,103 in the last quarter. Company insiders own 23.70% of the company's stock.

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.