Tidal Investments LLC Has $713,000 Stock Holdings in Hyatt Hotels Co. (NYSE:H)

Tidal Investments LLC boosted its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 153.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,541 shares of the company's stock after purchasing an additional 2,747 shares during the quarter. Tidal Investments LLC's holdings in Hyatt Hotels were worth $713,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Townsquare Capital LLC grew its position in shares of Hyatt Hotels by 3.4% in the 4th quarter. Townsquare Capital LLC now owns 2,801 shares of the company's stock worth $440,000 after acquiring an additional 92 shares in the last quarter. Kensington Investment Counsel LLC grew its position in shares of Hyatt Hotels by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company's stock worth $2,136,000 after acquiring an additional 95 shares in the last quarter. Bridges Investment Management Inc. grew its position in shares of Hyatt Hotels by 2.3% in the 4th quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company's stock worth $681,000 after acquiring an additional 99 shares in the last quarter. Arizona State Retirement System grew its position in shares of Hyatt Hotels by 0.9% in the 4th quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock worth $2,049,000 after acquiring an additional 110 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company's stock worth $73,000 after acquiring an additional 113 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now directly owns 9,337 shares of the company's stock, valued at $1,090,561.60. This represents a 51.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of the company's stock in a transaction dated 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 owns 37,927 shares of the company's stock, valued at approximately $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 worth $49,921,103 over the last 90 days. 23.70% of the stock is currently owned by corporate insiders.

Hyatt Hotels Trading Up 0.7%

Shares of Hyatt Hotels stock traded up $0.91 on Friday, reaching $132.35. 1,419,482 shares of the company were exchanged, compared to its average volume of 704,543. The stock has a fifty day moving average price of $120.16 and a 200-day moving average price of $139.90. The firm has a market capitalization of $12.63 billion, a price-to-earnings ratio of 10.64 and a beta of 1.36. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a fifty-two week low of $102.43 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.46 earnings per share 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 previous year, the firm earned $0.71 earnings per share. On average, analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Thursday, May 29th will be paid a $0.15 dividend. The ex-dividend date is Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.45%. Hyatt Hotels's dividend payout ratio (DPR) is currently 7.79%.

Analyst Ratings Changes

H has been the subject of a number of analyst reports. Morgan Stanley reduced their price objective on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. The Goldman Sachs Group boosted their price objective on Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a research report on Friday, May 2nd. Evercore ISI reduced their price objective on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Wall Street Zen lowered Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Finally, Wells Fargo & Company reduced their price objective on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. 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 company presently has a consensus rating of "Hold" and an average price target of $149.72.

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.