Russell Investments Group Ltd. Acquires 8,270 Shares of Hyatt Hotels Co. (NYSE:H)

Russell Investments Group Ltd. boosted its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 50.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,534 shares of the company's stock after buying an additional 8,270 shares during the quarter. Russell Investments Group Ltd.'s holdings in Hyatt Hotels were worth $3,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in H. Versant Capital Management Inc boosted its holdings in shares of Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after acquiring an additional 175 shares during the period. UMB Bank n.a. increased its position in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock valued at $33,000 after buying an additional 104 shares during the period. Venturi Wealth Management LLC boosted its position in shares of Hyatt Hotels by 750.0% in the fourth 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 period. Fifth Third Bancorp lifted its stake in Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company's stock worth $73,000 after purchasing an additional 113 shares in the last quarter. Finally, Blue Trust Inc. grew its position in shares of Hyatt Hotels by 78.8% during the 4th quarter. Blue Trust Inc. now owns 581 shares of the company's stock valued at $88,000 after purchasing an additional 256 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the sale, the insider now directly owns 9,337 shares of the company's stock, valued at approximately $1,090,561.60. The trade was a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction on 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 in the company, valued at approximately $99,712.45. This represents a 55.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,600 shares of company stock valued at $1,517,798 over the last quarter. Corporate insiders own 23.70% of the company's stock.

Hyatt Hotels Trading Down 1.2 %

NYSE H traded down $1.25 during trading on Monday, hitting $104.66. The company had a trading volume of 976,859 shares, compared to its average volume of 641,144. The company's fifty day moving average is $125.54 and its 200-day moving average is $145.30. The company has a market cap of $10.06 billion, a price-to-earnings ratio of 8.41 and a beta of 1.35. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The firm had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.63 billion. During the same quarter last year, the company posted $0.64 EPS. On average, sell-side analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels's dividend payout ratio is presently 4.82%.

Analysts Set New Price Targets

H has been the topic of several recent analyst reports. StockNews.com cut Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Evercore ISI raised shares of Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 price target on the stock in a report on Wednesday, March 5th. Truist Financial reduced their target price on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Barclays cut their price objective on Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a report on Friday, February 14th. Finally, Wells Fargo & Company cut their target price on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $155.22.

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.