XTX Topco Ltd Makes New $2.15 Million Investment in Hyatt Hotels Corporation (NYSE:H)

Key Points

• XTX Topco Ltd has invested approximately $2.15 million in Hyatt Hotels, acquiring 17,573 shares of the company during the first quarter.
• Hyatt Hotels has seen mixed analyst ratings, with two sell ratings, eight hold ratings, and nine buy ratings, along with a consensus target price of $150.74.
• The company recently reported an EPS of $0.46 for the last quarter, surpassing analyst expectations of $0.30, and had revenue of $1.68 billion.

XTX Topco Ltd bought a new position in shares of Hyatt Hotels Corporation (NYSE:H - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 17,573 shares of the company's stock, valued at approximately $2,153,000.

Other large investors also recently modified their holdings of the company. Bernard Wealth Management Corp. bought a new stake in Hyatt Hotels in the fourth quarter valued at approximately $26,000. UMB Bank n.a. increased its position in shares of Hyatt Hotels by 138.8% during the first quarter. UMB Bank n.a. now owns 499 shares of the company's stock worth $61,000 after acquiring an additional 290 shares in the last quarter. Allstate Corp bought a new stake in shares of Hyatt Hotels during the fourth quarter worth $221,000. Flynn Zito Capital Management LLC increased its position in shares of Hyatt Hotels by 13.2% during the first quarter. Flynn Zito Capital Management LLC now owns 1,914 shares of the company's stock worth $234,000 after acquiring an additional 223 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd increased its position in shares of Hyatt Hotels by 120.3% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,518 shares of the company's stock worth $238,000 after acquiring an additional 829 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on H shares. Evercore ISI lowered their price objective on shares of Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Barclays increased their price objective on shares of Hyatt Hotels from $122.00 to $127.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Melius Research raised shares of Hyatt Hotels to a "strong-buy" rating in a research report on Monday, April 21st. Raymond James Financial raised shares of Hyatt Hotels from a "market perform" rating to a "strong-buy" rating and set a $165.00 target price for the company in a research report on Tuesday, July 1st. Finally, The Goldman Sachs Group raised their target price 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, eight have given a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $150.74.

Hyatt Hotels Price Performance

NYSE H traded down $3.31 during trading hours on Friday, reaching $137.66. The company's stock had a trading volume of 1,012,709 shares, compared to its average volume of 803,403. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.04. Hyatt Hotels Corporation has a 1 year low of $102.43 and a 1 year high of $168.20. The firm's 50-day moving average price is $139.84 and its 200-day moving average price is $134.90. The company has a market capitalization of $13.14 billion, a price-to-earnings ratio of 17.88, a PEG ratio of 2.59 and a beta of 1.46.

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. Hyatt Hotels had a return on equity of 8.98% and a net margin of 11.94%. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter last year, the firm posted $0.71 earnings per share. On average, equities research analysts predict that Hyatt Hotels Corporation will post 3.05 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Hotels Corp Hyatt acquired 996,587 shares of the firm's stock in a transaction dated Friday, June 13th. The stock was acquired at an average price of $13.50 per share, with a total value of $13,453,924.50. Following the acquisition, the insider directly owned 117,077,441 shares in the company, valued at $1,580,545,453.50. This represents a 0.86% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jnp Parachute Mirror Trust L sold 53,361 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total value of $7,083,672.75. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 371,111 shares of company stock valued at $49,273,516. 23.70% of the stock is currently owned by corporate insiders.

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.