Hyatt Hotels Co. (NYSE:H) Shares Sold by Edgestream Partners L.P.

Edgestream Partners L.P. lowered its holdings in Hyatt Hotels Co. (NYSE:H) by 84.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,477 shares of the company’s stock after selling 40,517 shares during the period. Edgestream Partners L.P.’s holdings in Hyatt Hotels were worth $1,174,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in H. Versant Capital Management Inc grew its holdings in Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 175 shares in the last quarter. UMB Bank n.a. grew its holdings in Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after purchasing an additional 104 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in Hyatt Hotels during the 3rd quarter valued at $51,000. Venturi Wealth Management LLC grew its holdings in Hyatt Hotels by 750.0% during the 4th 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. Finally, Fifth Third Bancorp grew its holdings in Hyatt Hotels by 31.9% during the 4th 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. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Trading Down 1.9 %

Shares of NYSE:H opened at $127.20 on Wednesday. The company has a market cap of $12.23 billion, a PE ratio of 10.22 and a beta of 1.51. The company’s 50-day moving average price is $150.32 and its 200 day moving average price is $152.46. Hyatt Hotels Co. has a fifty-two week low of $124.12 and a fifty-two week 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) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 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 $0.64 earnings per share. Sell-side analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.47%. Hyatt Hotels’s dividend payout ratio (DPR) is 4.82%.

Insiders Place Their Bets

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 23.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

H has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. JPMorgan Chase & Co. raised their price objective on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Susquehanna raised their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Morgan Stanley decreased their price objective on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a report on Tuesday, March 4th. Finally, The Goldman Sachs Group decreased their price objective on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Hyatt Hotels currently has an average rating of “Hold” and an average target price of $162.24.

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.