Tower Research Capital LLC TRC Sells 3,599 Shares of Hyatt Hotels Co. (NYSE:H)

Tower Research Capital LLC TRC reduced its holdings in Hyatt Hotels Co. (NYSE:H - Free Report) by 52.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,232 shares of the company's stock after selling 3,599 shares during the quarter. Tower Research Capital LLC TRC's holdings in Hyatt Hotels were worth $507,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of Hyatt Hotels by 2.3% in the 3rd quarter. Barclays PLC now owns 45,648 shares of the company's stock worth $6,946,000 after acquiring an additional 1,032 shares during the period. Virtu Financial LLC acquired a new stake in Hyatt Hotels in the third quarter worth approximately $1,048,000. World Investment Advisors LLC bought a new position in Hyatt Hotels during the 3rd quarter valued at $4,520,000. Tidal Investments LLC acquired a new position in shares of Hyatt Hotels during the 3rd quarter valued at $273,000. Finally, Synovus Financial Corp raised its stake in shares of Hyatt Hotels by 15.4% in the 3rd quarter. Synovus Financial Corp now owns 3,492 shares of the company's stock worth $531,000 after buying an additional 467 shares in the last quarter. Institutional investors own 73.54% of the company's stock.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the 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 transaction, the director now directly owns 37,927 shares of the company's stock, valued at $5,377,290.06. This represents a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kinsey Wolf sold 1,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The stock was 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 directly owns 811 shares of the company's stock, valued at $99,712.45. This represents a 55.22 % 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 owned by corporate insiders.

Hyatt Hotels Stock Up 3.6 %

Shares of H traded up $4.32 during trading hours on Friday, reaching $123.00. The company's stock had a trading volume of 1,583,520 shares, compared to its average volume of 660,476. The company has a 50 day moving average of $120.57 and a two-hundred day moving average of $143.16. 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 market cap of $11.83 billion, a price-to-earnings ratio of 9.89 and a beta of 1.35. 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 released its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.16. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates 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 business earned $0.71 EPS. As a group, research analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Melius Research raised Hyatt Hotels to a "strong-buy" rating in a research note on Monday, April 21st. Morgan Stanley lowered their price objective 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. Robert W. Baird dropped their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. The Goldman Sachs Group raised their target price on shares of Hyatt Hotels from $110.00 to $123.00 and gave the stock a "sell" rating in a report on Friday. Finally, Mizuho dropped their price target on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a report on Friday, February 14th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus 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.