Hyatt Hotels Corporation $H Stock Acquired by Factory Mutual Insurance Co.

Key Points

• Factory Mutual Insurance Co. nearly doubled its Hyatt stake in the third quarter, increasing its holdings by 119,050 shares to 239,598 shares, valued at about $38 million. Institutional investors collectively own 73.54% of the stock.
• Hyatt reported quarterly EPS of $1.27, beating the $0.76 consensus estimate, while revenue of $1.74 billion fell short of estimates and declined 2.4% year over year.
• Analysts have a Moderate Buy consensus rating and an average price target of $200.62; the shares recently opened at $185.47.

Factory Mutual Insurance Co. grew its position in shares of Hyatt Hotels Corporation (NYSE:H - Free Report) by 98.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 239,598 shares of the company's stock after acquiring an additional 119,050 shares during the quarter. Factory Mutual Insurance Co. owned about 0.25% of Hyatt Hotels worth $37,991,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of H. D.A. Davidson & CO. increased its position in Hyatt Hotels by 3.8% in the third quarter. D.A. Davidson & CO. now owns 3,113 shares of the company's stock worth $494,000 after purchasing an additional 115 shares during the last quarter. Signaturefd LLC raised its stake in Hyatt Hotels by 10.8% during the third quarter. Signaturefd LLC now owns 666 shares of the company's stock valued at $106,000 after purchasing an additional 65 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in Hyatt Hotels by 2.7% during the third quarter. Crossmark Global Holdings Inc. now owns 3,215 shares of the company's stock valued at $510,000 after purchasing an additional 86 shares during the last quarter. Quadrant Capital Group LLC lifted its position in Hyatt Hotels by 2.3% during the third quarter. Quadrant Capital Group LLC now owns 4,711 shares of the company's stock valued at $768,000 after purchasing an additional 105 shares during the last quarter. Finally, New England Research & Management Inc. purchased a new position in shares of Hyatt Hotels in the 3rd quarter worth $805,000. 73.54% of the stock is owned by hedge funds and other institutional investors.

Hyatt Hotels News Summary

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: Freedom Broker raised its price target to $206 and maintained a “buy” rating, signaling a more optimistic view of Hyatt’s shares. Freedom Broker rating
• Positive Sentiment: Hyatt is adding Impression Isla Mujeres to The Unbound Collection, expanding its distinctive hotel portfolio and potentially broadening its appeal to travelers. Impression Isla Mujeres joins The Unbound Collection
• Positive Sentiment: Hyatt is relaunching its Leverage platform for small and midsize businesses using Spotnana technology. The updated platform could help Hyatt compete for business-travel bookings. Leverage platform relaunch
• Neutral Sentiment: Baird raised its price target to $194 but kept a “neutral” rating, reflecting a modestly higher valuation outlook without a change in its overall stance. Baird rating
• Neutral Sentiment: Stephen Ho will take over as group president for Asia Pacific in 2027, while current regional leader David Udell becomes a senior advisor. The planned transition may support continuity, though its financial impact is unclear. Asia Pacific leadership change
• Neutral Sentiment: A proposed free-fall ride above Times Square would give a large new hotel a distinctive attraction. It may help differentiate the property, but the article does not establish the likely effect on Hyatt’s overall results. Times Square hotel attraction
• Negative Sentiment: Hyatt priced $400 million of senior notes due 2033 at a 5.95% fixed interest rate. The financing provides capital, but the debt and interest expense could weigh on earnings; the stated use of proceeds was not fully provided in the announcement. Senior notes offering

Insider Activity

In other Hyatt Hotels news, insider Amar Lalvani sold 1,364 shares of the business's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $163.06, for a total transaction of $222,413.84. Following the completion of the transaction, the insider owned 4,894 shares in the company, valued at $798,015.64. The trade was a 21.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Susan D. Kronick sold 1,700 shares of the company's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $179.88, for a total value of $305,796.00. Following the transaction, the director directly owned 29,525 shares in the company, valued at approximately $5,310,957. This represents a 5.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 23.60% of the stock is owned by company insiders.

Hyatt Hotels Trading Down 0.3%

Shares of H opened at $185.47 on Wednesday. Hyatt Hotels Corporation has a twelve month low of $134.73 and a twelve month high of $206.86. The company has a market cap of $17.48 billion, a P/E ratio of 96.10 and a beta of 1.37. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 1.05. The company's fifty day simple moving average is $166.01 and its 200-day simple moving average is $170.01.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.51. Hyatt Hotels had a net margin of 2.62% and a return on equity of 11.63%. The firm had revenue of $1.74 billion during the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the business earned ($0.30) EPS. The business's revenue was down 2.4% on a year-over-year basis. As a group, analysts expect that Hyatt Hotels Corporation will post 3.70 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Investors of record on Monday, November 23rd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, November 23rd. Hyatt Hotels's dividend payout ratio is 31.09%.

Wall Street Analyst Weigh In

H has been the topic of a number of research reports. Robert W. Baird boosted their target price on shares of Hyatt Hotels from $188.00 to $194.00 and gave the stock a "neutral" rating in a report on Monday. Morgan Stanley upped their target price on shares of Hyatt Hotels from $211.00 to $224.00 and gave the company an "overweight" rating in a research report on Thursday, October 22nd. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $215.00 price target on shares of Hyatt Hotels in a report on Friday. Mizuho lifted their price target on Hyatt Hotels from $221.00 to $222.00 and gave the stock an "outperform" rating in a research report on Thursday, October 8th. Finally, Barclays boosted their price objective on Hyatt Hotels from $202.00 to $207.00 and gave the stock an "overweight" rating in a research note on Friday, October 30th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $200.62.

Hyatt Hotels Profile

Hyatt Hotels Corporation is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts, vacation properties and other lodging-related businesses. Its portfolio serves business and leisure travelers across full-service, select-service, luxury, lifestyle, wellness, all-inclusive and extended-stay segments.

The company operates a broad collection of brands, including Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, Hyatt Centric, Hyatt Place, Hyatt House, Miraval, Alila, Destination by Hyatt and The Unbound Collection by Hyatt.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.