Susquehanna Fundamental Investments LLC Takes $3.53 Million Position in Hyatt Hotels Co. (NYSE:H)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 22,479 shares of the company's stock, valued at approximately $3,529,000.

A number of other large investors also recently added to or reduced their stakes in H. Massachusetts Financial Services Co. MA increased its stake in shares of Hyatt Hotels by 0.3% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock worth $447,376,000 after buying an additional 9,477 shares during the period. Principal Financial Group Inc. raised its stake in shares of Hyatt Hotels by 1.8% during the fourth quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company's stock valued at $422,960,000 after acquiring an additional 46,413 shares during the last quarter. Bank of Nova Scotia boosted its holdings in shares of Hyatt Hotels by 2.2% during the fourth quarter. Bank of Nova Scotia now owns 1,716,986 shares of the company's stock worth $269,532,000 after purchasing an additional 37,057 shares during the period. Invesco Ltd. grew its stake in shares of Hyatt Hotels by 241.4% in the fourth quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after purchasing an additional 480,523 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Hyatt Hotels in the fourth quarter worth about $77,136,000. Hedge funds and other institutional investors own 73.54% of the company's stock.

Insiders Place Their Bets

In other Hyatt Hotels news, 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 transaction of $122,950.00. Following the completion of the sale, the insider now directly owns 811 shares in the company, valued at $99,712.45. The trade was a 55.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Mark R. Vondrasek sold 10,000 shares of the company's stock in a transaction dated 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 sale, the insider now directly owns 9,337 shares of the company's stock, valued at $1,090,561.60. The trade was a 51.71 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,600 shares of company stock valued at $1,517,798. 23.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on H shares. Wells Fargo & Company cut their price target on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. StockNews.com lowered shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Macquarie lowered their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating for the company in a report on Friday. Truist Financial cut their price objective on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a research report on Friday, March 21st. Finally, Robert W. Baird decreased their target price 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. 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat, Hyatt Hotels presently has an average rating of "Hold" and an average price target of $151.17.

Hyatt Hotels Stock Up 3.6 %

Hyatt Hotels stock traded up $4.32 during trading hours on Friday, hitting $123.00. The stock had a trading volume of 1,583,520 shares, compared to its average volume of 661,220. The stock's 50-day moving average price is $120.25 and its 200-day moving average price is $142.97. The stock has a market capitalization of $11.83 billion, a P/E ratio of 9.89 and a beta of 1.35. Hyatt Hotels Co. has a 12-month low of $102.43 and a 12-month high of $168.20. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87.

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 (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.16. The business had revenue of $1.68 billion for the quarter, compared to analysts' expectations of $1.71 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same period in the prior year, the firm posted $0.71 EPS. Equities research analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be issued a $0.15 dividend. The ex-dividend date is Thursday, May 29th. This represents a $0.60 annualized dividend and a yield of 0.49%. Hyatt Hotels's payout ratio is 4.82%.

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.