Deutsche Bank AG Buys 173,075 Shares of Hyatt Hotels Co. (NYSE:H)

Deutsche Bank AG grew its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 209.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 255,563 shares of the company's stock after buying an additional 173,075 shares during the period. Deutsche Bank AG owned 0.27% of Hyatt Hotels worth $40,118,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. DigitalBridge Group Inc. raised its stake in Hyatt Hotels by 5.7% during the 4th quarter. DigitalBridge Group Inc. now owns 73,462 shares of the company's stock valued at $11,532,000 after purchasing an additional 3,950 shares during the period. Crestline Management LP lifted its position in Hyatt Hotels by 230.8% in the fourth quarter. Crestline Management LP now owns 6,890 shares of the company's stock valued at $1,082,000 after purchasing an additional 4,807 shares during the period. Cetera Investment Advisers increased its position in Hyatt Hotels by 24.3% during the fourth quarter. Cetera Investment Advisers now owns 5,853 shares of the company's stock worth $919,000 after purchasing an additional 1,146 shares during the last quarter. Captrust Financial Advisors acquired a new position in Hyatt Hotels during the 4th quarter worth $769,000. Finally, Bain Capital Public Equity Management II LLC increased its position in shares of Hyatt Hotels by 1.4% during the 4th quarter. Bain Capital Public Equity Management II LLC now owns 611,948 shares of the company's stock valued at $96,064,000 after purchasing an additional 8,254 shares during the period. Hedge funds and other institutional investors own 73.54% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on H shares. Susquehanna raised their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Mizuho decreased their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Morgan Stanley dropped their price objective on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. The Goldman Sachs Group lifted their price target on Hyatt Hotels from $110.00 to $123.00 and gave the stock a "sell" rating in a report on Friday, May 2nd. Finally, Truist Financial dropped their price target on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. 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 given a strong buy rating to the stock. Based on data from MarketBeat, Hyatt Hotels has an average rating of "Hold" and a consensus price target of $151.17.

Insider Buying and Selling

In related news, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction on 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 directly owns 811 shares of the company's stock, valued at $99,712.45. This trade represents a 55.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jnp 2010-Pg Trust sold 266,793 shares of the business's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $35,416,770.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 377,220 shares of company stock worth $49,921,103. Corporate insiders own 23.70% of the company's stock.

Hyatt Hotels Stock Down 1.1%

Shares of NYSE H traded down $1.47 during trading on Monday, hitting $133.57. 108,221 shares of the company traded hands, compared to its average volume of 685,249. 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 capitalization of $12.75 billion, a price-to-earnings ratio of 10.74 and a beta of 1.36. Hyatt Hotels Co. has a fifty-two week low of $102.43 and a fifty-two week high of $168.20. The business's fifty day moving average is $118.88 and its 200 day moving average is $141.20.

Hyatt Hotels (NYSE:H - Get Free Report) last released 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 for the quarter, compared to the consensus estimate of $1.71 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the prior year, the firm earned $0.71 earnings per share. Equities research analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed 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. This represents a $0.60 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is 7.79%.

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.