Hyatt Hotels Co. (NYSE:H) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP lifted its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 190.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,363 shares of the company's stock after acquiring an additional 13,343 shares during the period. Quantinno Capital Management LP's holdings in Hyatt Hotels were worth $3,197,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of H. Raymond James Financial Inc. purchased a new position in shares of Hyatt Hotels during the 4th quarter worth about $77,136,000. Invesco Ltd. raised its holdings in Hyatt Hotels by 241.4% in the fourth quarter. Invesco Ltd. now owns 679,557 shares of the company's stock valued at $106,677,000 after buying an additional 480,523 shares during the period. Norges Bank purchased a new position in Hyatt Hotels in the fourth quarter valued at approximately $61,572,000. Alyeska Investment Group L.P. purchased a new position in Hyatt Hotels in the fourth quarter valued at approximately $43,953,000. Finally, Deutsche Bank AG raised its holdings in Hyatt Hotels by 209.8% in the fourth quarter. Deutsche Bank AG now owns 255,563 shares of the company's stock valued at $40,118,000 after buying an additional 173,075 shares during the period. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on H. StockNews.com lowered shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Truist Financial cut their price target on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Evercore ISI cut their price target on shares of Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. The Goldman Sachs Group lifted their price objective 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, Susquehanna lifted their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Hyatt Hotels presently has an average rating of "Hold" and an average target price of $151.17.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Jnp 2010-Pg Trust sold 266,793 shares of the company's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total value of $35,416,770.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jnp Parachute Mirror Trust L sold 53,361 shares of the company's 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 three months, insiders have sold 377,220 shares of company stock worth $49,921,103. 23.70% of the stock is owned by insiders.

Hyatt Hotels Stock Down 1.0%

H stock opened at $133.65 on Tuesday. Hyatt Hotels Co. has a twelve month low of $102.43 and a twelve month high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $12.76 billion, a P/E ratio of 10.74 and a beta of 1.36. The firm has a 50 day simple moving average of $119.05 and a 200-day simple moving average of $141.12.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $1.71 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the previous year, the company posted $0.71 earnings per share. On average, equities research analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business 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. This represents a $0.60 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's payout ratio is 7.79%.

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.

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