International Assets Investment Management LLC Purchases Shares of 10,433 Hyatt Hotels Co. (NYSE:H)

International Assets Investment Management LLC acquired a new position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,433 shares of the company's stock, valued at approximately $1,361,000.

Other large investors also recently added to or reduced their stakes in the company. Janiczek Wealth Management LLC raised its position in shares of Hyatt Hotels by 597.5% in the third quarter. Janiczek Wealth Management LLC now owns 279 shares of the company's stock valued at $30,000 after buying an additional 239 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Hyatt Hotels in the third quarter valued at about $83,000. SG Americas Securities LLC purchased a new stake in shares of Hyatt Hotels in the third quarter valued at about $157,000. HMS Capital Management LLC purchased a new stake in shares of Hyatt Hotels in the fourth quarter valued at about $217,000. Finally, Gilbert & Cook Inc. grew its holdings in shares of Hyatt Hotels by 10.6% in the third quarter. Gilbert & Cook Inc. now owns 1,934 shares of the company's stock valued at $205,000 after purchasing an additional 185 shares during the period. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on H. Truist Financial upped their price objective on shares of Hyatt Hotels from $143.00 to $172.00 and gave the company a "buy" rating in a report on Thursday, March 14th. Robert W. Baird increased their target price on shares of Hyatt Hotels from $116.00 to $134.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 13th. Evercore ISI reaffirmed an "in-line" rating and set a $135.00 target price on shares of Hyatt Hotels in a research note on Monday, February 5th. Stifel Nicolaus increased their target price on shares of Hyatt Hotels from $146.00 to $154.00 and gave the stock a "hold" rating in a research note on Thursday, April 11th. Finally, Barclays lowered their target price on shares of Hyatt Hotels from $156.00 to $153.00 and set an "equal weight" rating for the company in a research note on Friday. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $142.00.

Hyatt Hotels Stock Up 0.3 %

Shares of Hyatt Hotels stock traded up $0.37 during trading hours on Monday, hitting $146.74. The company had a trading volume of 541,618 shares, compared to its average volume of 680,548. Hyatt Hotels Co. has a twelve month low of $96.77 and a twelve month high of $161.50. The company has a market cap of $14.85 billion, a P/E ratio of 71.75, a price-to-earnings-growth ratio of 20.88 and a beta of 1.49. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59. The company's 50-day moving average is $151.31 and its two-hundred day moving average is $130.51.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings results on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.26. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter last year, the business posted $2.55 EPS. Analysts anticipate that Hyatt Hotels Co. will post 3.24 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Wednesday, February 28th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.41%. The ex-dividend date of this dividend was Tuesday, February 27th. Hyatt Hotels's dividend payout ratio is presently 29.41%.

Insiders Place Their Bets

In related news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total transaction of $200,096,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the firm's stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $155.96, for a total value of $200,096,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark Samuel Hoplamazian sold 75,457 shares of the business's stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total value of $11,957,670.79. Following the transaction, the insider now owns 459,000 shares in the company, valued at approximately $72,737,730. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,077,803 shares of company stock valued at $325,526,849. 23.50% of the stock is owned by company insiders.

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.