GAMMA Investing LLC Grows Stake in Hyatt Hotels Co. (NYSE:H)

GAMMA Investing LLC increased its stake in Hyatt Hotels Co. (NYSE:H - Free Report) by 8,136.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,975 shares of the company's stock after buying an additional 85,919 shares during the quarter. GAMMA Investing LLC owned approximately 0.09% of Hyatt Hotels worth $106,540,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its position in Hyatt Hotels by 14.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,326 shares of the company's stock worth $365,000 after buying an additional 291 shares during the period. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels during the 4th quarter worth $26,000. Toronto Dominion Bank increased its position in Hyatt Hotels by 5.2% during the 4th quarter. Toronto Dominion Bank now owns 6,056 shares of the company's stock worth $951,000 after buying an additional 301 shares during the period. DigitalBridge Group Inc. increased its position in shares of Hyatt Hotels by 5.7% in the fourth quarter. DigitalBridge Group Inc. now owns 73,462 shares of the company's stock worth $11,532,000 after purchasing an additional 3,950 shares during the period. Finally, Twinbeech Capital LP bought a new position in shares of Hyatt Hotels in the fourth quarter worth $9,341,000. Institutional investors and hedge funds own 73.54% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on H shares. 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 report on Friday, May 2nd. Morgan Stanley decreased their price target on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. Susquehanna raised their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Wall Street Zen lowered Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Finally, Robert W. Baird raised their price objective on Hyatt Hotels from $142.00 to $146.00 and gave the company a "neutral" rating in a research note 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 data from MarketBeat, Hyatt Hotels has an average rating of "Hold" and a consensus target price of $149.72.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the completion of the transaction, the insider now owns 9,337 shares of the company's stock, valued at approximately $1,090,561.60. This represents a 51.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jnp 2010-Pg Trust sold 266,793 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total value of $35,416,770.75. The disclosure for this sale can be found here. In the last 90 days, insiders sold 375,620 shares of company stock worth $49,694,255. 23.70% of the stock is currently owned by company insiders.

Hyatt Hotels Price Performance

NYSE H traded up $0.69 during trading on Thursday, reaching $131.65. The company's stock had a trading volume of 91,353 shares, compared to its average volume of 705,767. The stock has a market capitalization of $12.57 billion, a PE ratio of 10.58 and a beta of 1.42. 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 firm has a fifty day moving average of $120.63 and a 200 day moving average of $139.38. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.30 by $0.16. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates 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 prior year, the company earned $0.71 EPS. Analysts expect that Hyatt Hotels Co. will post 3.05 EPS 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. Shareholders of record on Thursday, May 29th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is currently 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.