Hyatt Hotels Co. (NYSE:H) Shares Sold by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC cut its stake in Hyatt Hotels Co. (NYSE:H) by 1.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,847 shares of the company’s stock after selling 178 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Hyatt Hotels were worth $1,703,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Principal Financial Group Inc. lifted its position in Hyatt Hotels by 1.8% during the 4th quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company’s stock worth $422,960,000 after acquiring an additional 46,413 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Hyatt Hotels by 3.3% in the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock valued at $267,192,000 after purchasing an additional 56,082 shares during the period. State Street Corp grew its holdings in Hyatt Hotels by 0.4% during the 3rd quarter. State Street Corp now owns 1,441,148 shares of the company’s stock valued at $219,343,000 after purchasing an additional 6,007 shares in the last quarter. Geode Capital Management LLC increased its stake in Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after buying an additional 7,440 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Hyatt Hotels in the 4th quarter valued at about $77,136,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Kinsey Wolf sold 1,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the sale, the insider now directly owns 811 shares of the company’s stock, valued at approximately $99,712.45. This represents a 55.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of the sale, the insider now owns 9,337 shares of the company’s stock, valued at approximately $1,090,561.60. This trade represents a 51.71 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 12,600 shares of company stock valued at $1,517,798. 23.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms recently commented on H. Jefferies Financial Group boosted their price target on Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. The Goldman Sachs Group decreased their price target on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. 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. Macquarie cut their price objective on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Finally, Evercore ISI upgraded Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 target price for the company in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $161.97.

Hyatt Hotels Stock Performance

Shares of H stock opened at $124.93 on Thursday. The business has a 50 day simple moving average of $140.44 and a 200 day simple moving average of $149.78. 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 firm has a market capitalization of $12.01 billion, a price-to-earnings ratio of 10.04 and a beta of 1.51. Hyatt Hotels Co. has a 12-month low of $116.13 and a 12-month high of $168.20.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate 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 prior year, the firm earned $0.64 earnings per share. On average, equities research analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS 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 $0.15 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.48%. Hyatt Hotels’s dividend payout ratio (DPR) is 4.82%.

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.