D. E. Shaw & Co. Inc. Sells 19,503 Shares of Hyatt Hotels Co. (NYSE:H)

D. E. Shaw & Co. Inc. reduced its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 57.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,478 shares of the company's stock after selling 19,503 shares during the quarter. D. E. Shaw & Co. Inc.'s holdings in Hyatt Hotels were worth $2,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Bernard Wealth Management Corp. purchased a new position in shares of Hyatt Hotels in the fourth quarter worth $26,000. UMB Bank n.a. lifted its holdings 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 worth $33,000 after buying an additional 104 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings 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 worth $53,000 after buying an additional 300 shares in the last quarter. Fifth Third Bancorp lifted its holdings in shares of Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock worth $73,000 after buying an additional 113 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Hyatt Hotels in the fourth quarter worth $88,000. 73.54% of the stock is currently owned by institutional investors.

Hyatt Hotels Trading Up 0.0%

H stock traded up $0.01 during mid-day trading on Friday, reaching $127.55. 582,009 shares of the stock traded hands, compared to its average volume of 692,877. 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 stock has a market capitalization of $12.18 billion, a PE ratio of 10.25 and a beta of 1.36. The business has a 50-day moving average price of $119.39 and a two-hundred day moving average price of $140.85.

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, topping analysts' consensus estimates of $0.30 by $0.16. The firm 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 prior year, the business posted $0.71 earnings per share. Equities research analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders 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 dividend yield of 0.47%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels's payout ratio is presently 7.79%.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Jnp 2010-Pg Trust sold 266,793 shares of the stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $35,416,770.75. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Jnp Parachute Mirror Trust L sold 53,361 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $7,083,672.75. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 377,220 shares of company stock worth $49,921,103. Insiders own 23.70% of the company's stock.

Wall Street Analysts Forecast Growth

H has been the topic of a number of recent research reports. Barclays upped 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 note on Friday, May 2nd. 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 note on Friday, February 14th. Macquarie decreased their price target on shares of Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. The Goldman Sachs Group upped their price target on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a research note on Friday, May 2nd. Finally, Stifel Nicolaus decreased their price target on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating on the stock in a research note on Wednesday, April 16th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $151.17.

About Hyatt Hotels

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.