Vontobel Holding Ltd. Reduces Position in Hyatt Hotels Corporation (NYSE:H)

Vontobel Holding Ltd. reduced its stake in shares of Hyatt Hotels Corporation (NYSE:H - Free Report) by 69.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,919 shares of the company's stock after selling 4,337 shares during the period. Vontobel Holding Ltd.'s holdings in Hyatt Hotels were worth $235,000 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. US Bancorp DE boosted its holdings in Hyatt Hotels by 3.7% in the 4th quarter. US Bancorp DE now owns 3,311 shares of the company's stock worth $520,000 after buying an additional 117 shares during the period. Proficio Capital Partners LLC bought a new position in Hyatt Hotels in the 4th quarter worth approximately $7,072,000. Arizona State Retirement System boosted its holdings in Hyatt Hotels by 0.9% in the 4th quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock worth $2,049,000 after buying an additional 110 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Hyatt Hotels by 2.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 39,460 shares of the company's stock worth $6,194,000 after buying an additional 827 shares during the period. Finally, Wealthfront Advisers LLC bought a new position in Hyatt Hotels in the 4th quarter worth approximately $8,269,000. 73.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on H. Morgan Stanley cut their price target on shares of Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Robert W. Baird raised their price target on shares of Hyatt Hotels from $146.00 to $148.00 and gave the company a "neutral" rating in a report on Tuesday, July 1st. Stifel Nicolaus cut their price target on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating for the company in a report on Wednesday, April 16th. Melius Research upgraded shares of Hyatt Hotels to a "strong-buy" rating in a research report on Monday, April 21st. Finally, The Goldman Sachs Group raised 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. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $150.63.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Jnp 2010-Pg Trust sold 266,793 shares of the firm's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $35,416,770.75. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Jnp Parachute Mirror Trust K sold 44,466 shares of the firm's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $5,902,861.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 371,111 shares of company stock worth $49,273,516. 23.70% of the stock is currently owned by company insiders.

Hyatt Hotels Trading Down 1.0%

Shares of Hyatt Hotels stock traded down $1.55 during trading on Friday, hitting $150.70. The stock had a trading volume of 676,310 shares, compared to its average volume of 763,361. The firm's fifty day simple moving average is $134.30 and its 200-day simple moving average is $135.88. The stock has a market cap of $14.39 billion, a PE ratio of 19.57, a PEG ratio of 4.74 and a beta of 1.42. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.98 and a quick ratio of 0.98. Hyatt Hotels Corporation has a 12 month low of $102.43 and a 12 month high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a net margin of 11.94% and a return on equity of 8.98%. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the business posted $0.71 EPS. As a group, sell-side analysts expect that Hyatt Hotels Corporation will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Shareholders of record on Thursday, May 29th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date of this dividend was Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is 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.