Captrust Financial Advisors Invests $769,000 in Hyatt Hotels Co. (NYSE:H)

Captrust Financial Advisors purchased a new stake in shares of 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 institutional investor purchased 4,898 shares of the company's stock, valued at approximately $769,000.

A number of other institutional investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new stake in shares of Hyatt Hotels in the fourth quarter worth approximately $77,136,000. Invesco Ltd. increased its stake in Hyatt Hotels by 241.4% in the fourth quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after purchasing an additional 480,523 shares during the period. Norges Bank bought a new stake in shares of Hyatt Hotels during the fourth quarter worth $61,572,000. Alyeska Investment Group L.P. purchased a new stake in shares of Hyatt Hotels during the fourth quarter valued at $43,953,000. Finally, KBC Group NV grew its holdings in shares of Hyatt Hotels by 978.3% in the fourth quarter. KBC Group NV now owns 108,966 shares of the company's stock worth $17,106,000 after purchasing an additional 98,861 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Hyatt Hotels news, 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 transaction, the director now directly owns 37,927 shares of the company's stock, valued at $5,377,290.06. The trade was a 4.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark R. Vondrasek sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of 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 position. The disclosure for this sale can be found here. Insiders have sold 377,220 shares of company stock valued at $49,921,103 in the last ninety days. 23.70% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

H has been the subject of several research reports. Robert W. Baird lowered their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Susquehanna boosted their price target on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Morgan Stanley reduced their price objective on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. StockNews.com lowered Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Finally, Wells Fargo & Company reduced their price target on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a 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 stock. According to MarketBeat, Hyatt Hotels currently has an average rating of "Hold" and an average price target of $151.17.

Hyatt Hotels Stock Performance

Shares of H traded down $0.05 during trading hours on Thursday, reaching $126.75. 54,402 shares of the company traded hands, compared to its average volume of 688,454. 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 business has a fifty day moving average price of $119.37 and a 200-day moving average price of $140.96. Hyatt Hotels Co. has a 12-month low of $102.43 and a 12-month high of $168.20. The stock has a market capitalization of $12.10 billion, a P/E ratio of 10.19 and a beta of 1.36.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.30 by $0.16. The business 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 in the previous year, the business posted $0.71 EPS. Equities analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.47%. Hyatt Hotels's payout ratio is presently 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.