Hyatt Hotels Co. (NYSE:H) Shares Purchased by Polar Capital Holdings Plc

Polar Capital Holdings Plc increased its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 16.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 128,305 shares of the company's stock after purchasing an additional 18,554 shares during the quarter. Polar Capital Holdings Plc owned 0.13% of Hyatt Hotels worth $20,141,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bernard Wealth Management Corp. acquired a new stake in Hyatt Hotels in the 4th quarter valued at about $26,000. UMB Bank n.a. grew its stake in Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. Venturi Wealth Management LLC grew its stake in Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after acquiring an additional 300 shares during the last quarter. Fifth Third Bancorp grew its stake in Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after acquiring an additional 113 shares during the last quarter. Finally, Blue Trust Inc. grew its stake in Hyatt Hotels by 78.8% in the 4th quarter. Blue Trust Inc. now owns 581 shares of the company's stock valued at $88,000 after acquiring an additional 256 shares during the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Trading Down 1.5%

Shares of H stock opened at $134.22 on Friday. The firm's 50-day simple moving average is $118.72 and its 200-day simple moving average is $141.49. The firm has a market cap of $12.91 billion, a P/E ratio of 10.79 and a beta of 1.36. Hyatt Hotels Co. has a 1-year low of $102.43 and a 1-year high of $168.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the prior year, the company earned $0.71 EPS. As a group, equities analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is presently 7.79%.

Insider Buying and Selling

In other Hyatt Hotels news, insider Kinsey Wolf sold 1,000 shares of the 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 sale, the insider now owns 811 shares of the company's stock, valued at $99,712.45. This trade represents a 55.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of the sale, the insider now directly owns 9,337 shares of the company's stock, valued at $1,090,561.60. This trade represents a 51.71% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,600 shares of company stock valued at $1,517,798. 23.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

H has been the topic of a number of recent research reports. Melius Research upgraded shares of Hyatt Hotels to a "strong-buy" rating in a report on Monday, April 21st. Evercore ISI reduced their target price on shares of Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. The Goldman Sachs Group upped their target price on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a report on Friday, May 2nd. Jefferies Financial Group reduced their target price on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Finally, Susquehanna upped their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. 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 assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $151.17.

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.

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