3,986 Shares in Hyatt Hotels Corporation (NYSE:H) Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC bought a new position in shares of Hyatt Hotels Corporation (NYSE:H - Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 3,986 shares of the company's stock, valued at approximately $488,000.

Other institutional investors also recently modified their holdings of the company. Townsquare Capital LLC lifted its holdings in shares of Hyatt Hotels by 3.4% during the 4th quarter. Townsquare Capital LLC now owns 2,801 shares of the company's stock valued at $440,000 after purchasing an additional 92 shares in the last quarter. Kensington Investment Counsel LLC lifted its stake in Hyatt Hotels by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company's stock valued at $2,136,000 after acquiring an additional 95 shares in the last quarter. Arizona State Retirement System increased its position in shares of Hyatt Hotels by 0.9% during the 4th quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock worth $2,049,000 after purchasing an additional 110 shares during the last quarter. Snowden Capital Advisors LLC increased its position in shares of Hyatt Hotels by 2.4% during the 4th quarter. Snowden Capital Advisors LLC now owns 5,025 shares of the company's stock worth $789,000 after purchasing an additional 116 shares during the last quarter. Finally, US Bancorp DE increased its position in shares of Hyatt Hotels by 3.7% during the 4th quarter. US Bancorp DE now owns 3,311 shares of the company's stock worth $520,000 after purchasing an additional 117 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Hyatt Hotels Trading Down 1.3%

NYSE:H traded down $1.90 on Monday, reaching $145.57. 1,022,950 shares of the company's stock were exchanged, compared to its average volume of 757,220. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $13.90 billion, a price-to-earnings ratio of 18.91, a price-to-earnings-growth ratio of 4.76 and a beta of 1.42. The business has a fifty day moving average of $132.28 and a 200-day moving average of $135.77. Hyatt Hotels Corporation has a 52-week low of $102.43 and a 52-week high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates 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 net margin of 11.94% and a return on equity of 8.98%. During the same period in the prior year, the firm earned $0.71 earnings per share. As a group, analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.41%. Hyatt Hotels's dividend payout ratio (DPR) is presently 7.79%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on H. Evercore ISI dropped 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. Melius Research upgraded Hyatt Hotels to a "strong-buy" rating in a research report on Monday, April 21st. Stifel Nicolaus dropped their target price on Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating for the company in a research report on Wednesday, April 16th. Robert W. Baird increased their target price on Hyatt Hotels from $146.00 to $148.00 and gave the company a "neutral" rating in a research report on Tuesday, July 1st. Finally, Morgan Stanley dropped their target price 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. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $150.63.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Jnp Parachute Mirror Trust K sold 44,466 shares of the stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $5,902,861.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jnp 2010-Pg Trust sold 266,793 shares of the stock in a transaction 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 quarter, insiders sold 371,111 shares of company stock valued at $49,273,516. 23.70% of the stock is owned by company insiders.

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.