Fiera Capital Corp Has $60.50 Million Holdings in Hyatt Hotels Co. (NYSE:H)

Fiera Capital Corp trimmed its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 30.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 397,506 shares of the company’s stock after selling 176,539 shares during the period. Fiera Capital Corp’s holdings in Hyatt Hotels were worth $60,500,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of H. LRI Investments LLC bought a new position in Hyatt Hotels during the first quarter worth $26,000. Summit Securities Group LLC acquired a new position in shares of Hyatt Hotels during the second quarter valued at about $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Hyatt Hotels during the third quarter worth about $30,000. Blue Trust Inc. increased its stake in Hyatt Hotels by 190.2% during the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after acquiring an additional 213 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in shares of Hyatt Hotels in the 1st quarter worth approximately $53,000. 71.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Sanford C. Bernstein cut their target price on Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Barclays reduced their price objective on shares of Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. JPMorgan Chase & Co. upped their target price on shares of Hyatt Hotels from $171.00 to $180.00 and gave the company an “overweight” rating in a research note on Friday, July 19th. Wells Fargo & Company cut their price target on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating for the company in a research note on Friday, November 1st. Finally, Macquarie dropped their target price on Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Fifteen research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $151.57.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of Hyatt Hotels stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the transaction, the insider now directly owns 623,556 shares in the company, valued at approximately $93,389,982.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 23.50% of the stock is currently owned by corporate insiders.

Hyatt Hotels Trading Up 1.1 %

Shares of H traded up $1.68 on Friday, reaching $155.57. 85,206 shares of the company’s stock were exchanged, compared to its average volume of 586,884. The business has a 50 day moving average price of $150.97 and a two-hundred day moving average price of $148.93. Hyatt Hotels Co. has a 12 month low of $104.76 and a 12 month high of $162.24. The stock has a market capitalization of $15.61 billion, a P/E ratio of 11.60 and a beta of 1.50. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the business posted $0.70 EPS. Research analysts anticipate that Hyatt Hotels Co. will post 3.86 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

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.