4,000 Shares in Hyatt Hotels Corporation (NYSE:H) Purchased by U S Global Investors Inc.

U S Global Investors Inc. purchased a new position in Hyatt Hotels Corporation (NYSE:H - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,000 shares of the company's stock, valued at approximately $490,000.

Several other institutional investors also recently modified their holdings of H. Bamco Inc. NY grew its position in Hyatt Hotels by 1.2% during the 4th quarter. Bamco Inc. NY now owns 5,550,789 shares of the company's stock valued at $871,363,000 after purchasing an additional 67,385 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Hyatt Hotels by 0.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock valued at $447,376,000 after purchasing an additional 9,477 shares during the last quarter. Bank of Nova Scotia grew its position in Hyatt Hotels by 2.2% during the 4th quarter. Bank of Nova Scotia now owns 1,716,986 shares of the company's stock valued at $269,532,000 after purchasing an additional 37,057 shares during the last quarter. Invesco Ltd. grew its position in Hyatt Hotels by 241.4% during the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company's stock valued at $106,677,000 after purchasing an additional 480,523 shares during the last quarter. Finally, Bain Capital Public Equity Management II LLC grew its position in 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 last quarter. 73.54% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently commented on H. Jefferies Financial Group cut their price objective on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Melius Research raised shares of Hyatt Hotels to a "strong-buy" rating in a research report on Monday, April 21st. Robert W. Baird raised their price target on shares of Hyatt Hotels from $142.00 to $146.00 and gave the company a "neutral" rating in a report on Friday, May 30th. Macquarie dropped their price target on shares of Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, Truist Financial dropped their price target on shares of Hyatt Hotels from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, May 30th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $149.72.

Hyatt Hotels Stock Performance

H opened at $139.38 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. The company has a market cap of $13.30 billion, a price-to-earnings ratio of 18.10, a PEG ratio of 4.57 and a beta of 1.42. The company's 50 day moving average is $128.09 and its 200 day moving average is $136.60. Hyatt Hotels Corporation has a 12-month low of $102.43 and a 12-month high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a net margin of 11.94% and a return on equity of 8.98%. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the firm posted $0.71 earnings per share. On average, equities research analysts predict that Hyatt Hotels Corporation will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Thursday, May 29th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date was Thursday, May 29th. Hyatt Hotels's payout ratio is 7.79%.

Insiders Place Their Bets

In other news, Director Cary D. Mcmillan sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $132.70, for a total transaction of $132,700.00. Following the sale, the director now owns 498 shares in the company, valued at $66,084.60. This trade represents a 66.76% 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, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $135.00, for a total transaction of $216,000.00. Following the sale, the director now owns 37,825 shares in the company, valued at approximately $5,106,375. The trade was a 4.06% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 371,111 shares of company stock worth $49,273,516. Company insiders own 23.70% of the company's stock.

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.

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