Southeastern Asset Management Inc. TN Trims Stake in Hyatt Hotels Co. (NYSE:H)

Southeastern Asset Management Inc. TN reduced its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 394,588 shares of the company's stock after selling 6,854 shares during the quarter. Hyatt Hotels makes up about 2.9% of Southeastern Asset Management Inc. TN's holdings, making the stock its 12th largest position. Southeastern Asset Management Inc. TN owned about 0.41% of Hyatt Hotels worth $61,942,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Bernard Wealth Management Corp. bought a new stake in shares of Hyatt Hotels in the fourth quarter valued at $26,000. UMB Bank n.a. raised its stake in shares of Hyatt Hotels by 99.0% in 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 grew 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 purchasing an additional 300 shares in the last quarter. Fifth Third Bancorp grew its position in shares of Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after purchasing an additional 113 shares in the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Hyatt Hotels in the fourth quarter valued at $88,000. 73.54% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on H. Melius Research upgraded Hyatt Hotels to a "strong-buy" rating in a research report on Monday, April 21st. Robert W. Baird reduced their price target on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Morgan Stanley reduced their price target on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Evercore ISI reduced their price target on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Finally, Macquarie reduced their target price on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $151.17.

Hyatt Hotels Price Performance

H stock traded down $1.38 during mid-day trading on Monday, hitting $133.65. 837,704 shares of the stock were exchanged, compared to its average volume of 688,074. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The business has a fifty day moving average price of $118.88 and a 200 day moving average price of $141.20. Hyatt Hotels Co. has a 12 month low of $102.43 and a 12 month high of $168.20. The stock has a market capitalization of $12.76 billion, a price-to-earnings ratio of 10.74 and a beta of 1.36.

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, beating analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the previous year, the company posted $0.71 EPS. On average, sell-side analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend 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 Activity

In other Hyatt Hotels news, insider Jnp 2010-Pg Trust sold 266,793 shares of the company's stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $35,416,770.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jnp Parachute Mirror Trust L sold 53,361 shares of the company'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 quarter, insiders sold 377,220 shares of company stock valued at $49,921,103. Insiders own 23.70% of the company's stock.

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.