Wealthfront Advisers LLC Purchases Shares of 52,675 Hyatt Hotels Co. (NYSE:H)

Wealthfront Advisers LLC purchased a new stake in Hyatt Hotels Co. (NYSE:H) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 52,675 shares of the company’s stock, valued at approximately $8,269,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of Hyatt Hotels by 1.0% during the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after acquiring an additional 7,440 shares in the last quarter. TT International Asset Management LTD bought a new stake in shares of Hyatt Hotels during the fourth quarter worth about $5,283,000. Bamco Inc. NY increased its position in shares of Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after acquiring an additional 68,608 shares in the last quarter. Icon Wealth Advisors LLC increased its position in shares of Hyatt Hotels by 17,641.6% during the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock worth $20,009,000 after acquiring an additional 130,724 shares in the last quarter. Finally, World Investment Advisors LLC bought a new stake in shares of Hyatt Hotels during the third quarter worth about $4,520,000. 73.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Robert W. Baird decreased their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Susquehanna boosted their price target 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. StockNews.com cut shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Stifel Nicolaus boosted their price target on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Finally, Mizuho cut their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and a consensus target price of $162.24.

Hyatt Hotels Stock Performance

Shares of H stock opened at $125.12 on Thursday. The stock has a market capitalization of $12.03 billion, a P/E ratio of 10.06 and a beta of 1.51. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm’s 50 day moving average is $149.68 and its 200 day moving average is $152.27. Hyatt Hotels Co. has a 12 month low of $122.12 and a 12 month high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations 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 previous year, the company posted $0.64 earnings per share. On average, 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 was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels’s payout ratio is 4.82%.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the sale, the director now owns 37,927 shares of the company’s stock, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 23.50% of the stock is owned by insiders.

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.