UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $36.68 Million Holdings in Hyatt Hotels Co. (NYSE:H)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Hyatt Hotels Co. (NYSE:H) by 12.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 241,011 shares of the company’s stock after buying an additional 26,985 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of Hyatt Hotels worth $36,682,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of H. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Hyatt Hotels by 2,087.5% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 17,500 shares of the company’s stock valued at $2,664,000 after purchasing an additional 16,700 shares in the last quarter. Townsquare Capital LLC increased its stake in shares of Hyatt Hotels by 15.7% in the third quarter. Townsquare Capital LLC now owns 2,709 shares of the company’s stock valued at $412,000 after buying an additional 367 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Hyatt Hotels by 160.6% in the third quarter. Quantbot Technologies LP now owns 35,933 shares of the company’s stock valued at $5,469,000 after buying an additional 22,147 shares during the last quarter. Loomis Sayles & Co. L P lifted its position in Hyatt Hotels by 26.5% during the 3rd quarter. Loomis Sayles & Co. L P now owns 3,116 shares of the company’s stock worth $474,000 after buying an additional 653 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in Hyatt Hotels by 12.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,500 shares of the company’s stock worth $533,000 after acquiring an additional 400 shares during the last quarter. Institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Stock Up 1.2 %

Shares of Hyatt Hotels stock opened at $158.11 on Wednesday. The company has a market capitalization of $15.18 billion, a P/E ratio of 11.91 and a beta of 1.50. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50-day moving average of $153.70 and a two-hundred day moving average of $149.62. Hyatt Hotels Co. has a 1 year low of $116.20 and a 1 year high of $162.24.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period last year, the company posted $0.70 EPS. As a group, equities analysts predict that Hyatt Hotels Co. will post 3.89 EPS for the current year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the sale, the insider now owns 5,798 shares of the company’s stock, valued at $927,622.02. The trade was a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 23.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on H. Robert W. Baird upped their target price on shares of Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Stifel Nicolaus upped their price objective on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Hsbc Global Res raised Hyatt Hotels to a “hold” rating in a research note on Friday, November 1st. The Goldman Sachs Group started coverage on Hyatt Hotels in a research note on Wednesday, September 18th. They set a “neutral” rating and a $151.00 price target on the stock. Finally, Morgan Stanley lowered their price objective on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Fifteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $151.88.

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.