Dimensional Fund Advisors LP Has $69.84 Million Position in Hyatt Hotels Co. (NYSE:H)

Dimensional Fund Advisors LP cut its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 444,865 shares of the company's stock after selling 34,156 shares during the period. Dimensional Fund Advisors LP owned 0.46% of Hyatt Hotels worth $69,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Bernard Wealth Management Corp. purchased a new stake in Hyatt Hotels in the fourth quarter valued at $26,000. Versant Capital Management Inc increased its position in shares of Hyatt Hotels by 583.3% during the 4th 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 last quarter. UMB Bank n.a. raised its holdings in 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 buying an additional 104 shares during the period. Venturi Wealth Management LLC lifted its position in 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 buying an additional 300 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after acquiring an additional 113 shares during the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Mark R. Vondrasek sold 10,000 shares of Hyatt Hotels stock in a transaction dated 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 sale, the insider now directly owns 9,337 shares of the company's stock, valued at $1,090,561.60. This trade represents a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. The trade was a 4.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,600 shares of company stock valued at $1,517,798 over the last three months. 23.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have commented on H. Macquarie decreased their price target on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Friday. Barclays raised their target price on Hyatt Hotels from $122.00 to $127.00 and gave the company an "equal weight" rating in a report on Friday. Melius Research upgraded shares of Hyatt Hotels to a "strong-buy" rating in a research note on Monday, April 21st. Jefferies Financial Group lowered their price objective on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Evercore ISI cut their target price on shares of Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $151.17.

Hyatt Hotels Stock Up 3.6 %

NYSE:H traded up $4.32 during trading hours on Friday, hitting $123.00. 1,583,520 shares of the company's stock traded hands, compared to its average volume of 662,334. Hyatt Hotels Co. has a twelve month low of $102.43 and a twelve month high of $168.20. The firm has a market cap of $11.83 billion, a P/E ratio of 9.89 and a beta of 1.36. 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 stock's fifty day moving average price is $120.25 and its two-hundred day moving average price is $142.89.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly 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. The business had revenue of $1.68 billion for 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 company posted $0.71 EPS. On average, research analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

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 0.49%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's dividend payout ratio is presently 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.