Nomura Holdings Inc. Makes New Investment in Hyatt Hotels Co. (NYSE:H)

Nomura Holdings Inc. purchased a new stake in Hyatt Hotels Co. (NYSE:H - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,611 shares of the company's stock, valued at approximately $881,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp acquired a new position in Hyatt Hotels during the 4th quarter valued at about $307,000. Massachusetts Financial Services Co. MA lifted its holdings in Hyatt Hotels by 0.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock valued at $447,376,000 after purchasing an additional 9,477 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Hyatt Hotels by 1.8% during the fourth quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company's stock worth $422,960,000 after acquiring an additional 46,413 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in Hyatt Hotels during the 4th quarter worth about $7,072,000. Finally, SG Americas Securities LLC lifted its stake in Hyatt Hotels by 474.0% in the 4th quarter. SG Americas Securities LLC now owns 5,120 shares of the company's stock worth $804,000 after purchasing an additional 4,228 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company's stock.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Jnp 2010-Pg Trust sold 266,793 shares of Hyatt Hotels stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total value of $35,416,770.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jnp Parachute Mirror Trust K sold 44,466 shares of Hyatt Hotels stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total value of $5,902,861.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 377,220 shares of company stock worth $49,921,103. Corporate insiders own 23.70% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on H shares. Barclays raised their target price on shares of Hyatt Hotels from $122.00 to $127.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Morgan Stanley decreased their target price on shares of Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 22nd. Susquehanna boosted their price target on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. The Goldman Sachs Group boosted their price objective on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a research report on Friday, May 2nd. Finally, Evercore ISI reduced their price target on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $151.17.

Hyatt Hotels Stock Down 1.0%

Hyatt Hotels stock opened at $133.65 on Tuesday. The stock has a market cap of $12.76 billion, a PE ratio of 10.74 and a beta of 1.36. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20. The stock has a fifty day moving average of $119.05 and a 200 day moving average of $141.12.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.30 by $0.16. The firm had revenue of $1.68 billion during 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 business posted $0.71 EPS. As a group, sell-side analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

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

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