Aquatic Capital Management LLC Makes New $521,000 Investment in Hyatt Hotels Co. (NYSE:H)

Aquatic Capital Management LLC bought a new stake in Hyatt Hotels Co. (NYSE:H) in the fourth quarter, HoldingsChannel.com reports. The firm bought 3,322 shares of the company’s stock, valued at approximately $521,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bernard Wealth Management Corp. bought a new stake in Hyatt Hotels in the 4th quarter valued at about $26,000. Versant Capital Management Inc raised its position 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 valued at $32,000 after buying an additional 175 shares in the last quarter. UMB Bank n.a. boosted 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 Hyatt Hotels by 750.0% during the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after buying an additional 300 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in Hyatt Hotels by 31.9% during the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after acquiring an additional 113 shares during the period. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Morgan Stanley dropped their price target on Hyatt Hotels from $127.00 to $112.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 22nd. StockNews.com lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. Wells Fargo & Company lowered their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. Stifel Nicolaus reduced their target price on Hyatt Hotels from $156.75 to $132.00 and set a “hold” rating on the stock in a report on Wednesday, April 16th. Finally, Robert W. Baird lowered their price target on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $151.83.

Hyatt Hotels Trading Up 5.6 %

NYSE H opened at $119.03 on Friday. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20. 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 50 day simple moving average of $120.57 and a 200 day simple moving average of $143.16. The stock has a market capitalization of $11.45 billion, a P/E ratio of 9.57 and a beta of 1.35.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.16. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 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 $0.71 earnings per share. Research analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.50%. Hyatt Hotels’s dividend payout ratio is 4.82%.

Insider Transactions at Hyatt Hotels

In other news, Director Susan D. Kronick sold 1,600 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the completion of the sale, the director now owns 37,927 shares in the company, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Mark R. Vondrasek sold 10,000 shares of the business’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now owns 9,337 shares in the company, valued at approximately $1,090,561.60. This trade represents a 51.71 % 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 ninety days. 23.70% of the stock is owned by company insiders.

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.