Hyatt Hotels Co. (NYSE:H) Shares Acquired by DigitalBridge Group Inc.

DigitalBridge Group Inc. increased its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,462 shares of the company's stock after buying an additional 3,950 shares during the period. DigitalBridge Group Inc. owned about 0.08% of Hyatt Hotels worth $11,532,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in H. Barclays PLC increased its stake in shares of Hyatt Hotels by 2.3% during the third quarter. Barclays PLC now owns 45,648 shares of the company's stock valued at $6,946,000 after buying an additional 1,032 shares during the period. UMB Bank n.a. boosted its position in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock valued at $33,000 after purchasing an additional 104 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in Hyatt Hotels by 67.7% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock valued at $163,000 after purchasing an additional 420 shares in the last quarter. SG Americas Securities LLC boosted its position in Hyatt Hotels by 474.0% during the fourth quarter. SG Americas Securities LLC now owns 5,120 shares of the company's stock valued at $804,000 after purchasing an additional 4,228 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in 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 purchasing an additional 113 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Jnp 2010-Pg Trust sold 266,793 shares of the business's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $35,416,770.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of the business's stock in a transaction 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 transaction, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. This trade represents a 4.05% 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 over the last ninety days. Insiders own 23.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on H. Truist Financial dropped their price objective 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. Robert W. Baird dropped their price objective on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 19th. Jefferies Financial Group lowered their price target on Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Macquarie lowered their price target on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Finally, Melius Research raised Hyatt Hotels to a "strong-buy" rating in a report on Monday, April 21st. Two research 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. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $151.17.

Hyatt Hotels Stock Performance

H stock traded down $1.22 during trading on Wednesday, hitting $130.63. 1,066,860 shares of the company traded hands, compared to its average volume of 697,827. The stock's 50-day simple moving average is $119.69 and its 200 day simple moving average is $140.32. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $12.47 billion, a PE ratio of 10.50 and a beta of 1.36. Hyatt Hotels Co. has a 1 year low of $102.43 and a 1 year 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 EPS for the quarter, beating analysts' consensus estimates 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 return on equity of 9.81% and a net margin of 19.50%. During the same period in the previous year, the business earned $0.71 earnings per share. On average, equities analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's dividend 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.