Hyatt Hotels Co. (NYSE:H) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its position in Hyatt Hotels Co. (NYSE:H) by 8.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,339 shares of the company’s stock after selling 1,944 shares during the period. Mutual of America Capital Management LLC’s holdings in Hyatt Hotels were worth $3,507,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. QRG Capital Management Inc. boosted its stake in Hyatt Hotels by 5.3% in the fourth quarter. QRG Capital Management Inc. now owns 20,086 shares of the company’s stock valued at $3,153,000 after acquiring an additional 1,006 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Hyatt Hotels in the fourth quarter valued at approximately $7,072,000. Flynn Zito Capital Management LLC raised its holdings in shares of Hyatt Hotels by 10.5% in the fourth quarter. Flynn Zito Capital Management LLC now owns 1,691 shares of the company’s stock worth $265,000 after buying an additional 161 shares during the last quarter. Lingotto Investment Management LLP raised its holdings in shares of Hyatt Hotels by 10.5% in the fourth quarter. Lingotto Investment Management LLP now owns 35,221 shares of the company’s stock worth $5,529,000 after buying an additional 3,355 shares during the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in shares of Hyatt Hotels by 86.3% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 3,022 shares of the company’s stock worth $474,000 after buying an additional 1,400 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on H. Barclays decreased their price target on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a report on Friday, February 14th. Morgan Stanley decreased their price target 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. StockNews.com cut shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Truist Financial raised their price target on shares of Hyatt Hotels from $158.00 to $163.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Finally, Evercore ISI raised shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $163.13.

Insider Activity

In related 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Up 2.0 %

H stock opened at $140.05 on Thursday. The firm has a market cap of $13.47 billion, a PE ratio of 11.26 and a beta of 1.51. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The firm’s fifty day moving average is $152.75 and its 200 day moving average is $152.87. Hyatt Hotels Co. has a one year low of $128.91 and a one year high of $168.20.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the business earned $0.64 EPS. On average, research analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.43%. Hyatt Hotels’s dividend payout ratio (DPR) is 4.82%.

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.