Vident Advisory LLC Has $1.04 Million Position in Hyatt Hotels Co. (NYSE:H)

Vident Advisory LLC decreased its stake in Hyatt Hotels Co. (NYSE:H - Free Report) by 29.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,615 shares of the company's stock after selling 2,816 shares during the quarter. Vident Advisory LLC's holdings in Hyatt Hotels were worth $1,038,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bamco Inc. NY raised its position in Hyatt Hotels by 1.2% during the 4th quarter. Bamco Inc. NY now owns 5,550,789 shares of the company's stock valued at $871,363,000 after purchasing an additional 67,385 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of Hyatt Hotels by 0.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock worth $447,376,000 after acquiring an additional 9,477 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of Hyatt Hotels by 1.8% in the 4th 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. Bank of Nova Scotia raised its position in shares of Hyatt Hotels by 2.2% in the 4th quarter. Bank of Nova Scotia now owns 1,716,986 shares of the company's stock worth $269,532,000 after acquiring an additional 37,057 shares in the last quarter. Finally, Invesco Ltd. raised its position in shares of Hyatt Hotels by 241.4% in the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after acquiring an additional 480,523 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Insider Transactions at Hyatt Hotels

In related news, insider Kinsey Wolf sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total value of $122,950.00. Following the completion of the transaction, the insider now owns 811 shares of the company's stock, valued at approximately $99,712.45. This trade represents a 55.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the sale, the director now directly owns 37,927 shares of the company's stock, valued at $5,377,290.06. This trade represents a 4.05% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 377,220 shares of company stock valued at $49,921,103. Insiders own 23.70% of the company's stock.

Hyatt Hotels Trading Down 0.4%

Shares of H stock traded down $0.59 on Thursday, reaching $130.31. 280,254 shares of the stock were exchanged, compared to its average volume of 697,384. The stock has a market cap of $12.44 billion, a P/E ratio of 10.47 and a beta of 1.36. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a 50 day moving average of $119.87 and a two-hundred day moving average of $140.25. Hyatt Hotels Co. has a 1-year low of $102.43 and a 1-year high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate 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 return on equity of 9.81% and a net margin of 19.50%. During the same period in the prior year, the firm earned $0.71 EPS. On average, research analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, May 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.46%. Hyatt Hotels's payout ratio is 7.79%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on H shares. Susquehanna upped their target price on Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group upped their target price on Hyatt Hotels from $110.00 to $123.00 and gave the stock a "sell" rating in a research note on Friday, May 2nd. Morgan Stanley lowered their target price on 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. Mizuho lowered their target price on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Finally, Wall Street Zen downgraded Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $151.17.

Hyatt Hotels Company 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.