33,657 Shares in Hyatt Hotels Co. (NYSE:H) Purchased by TT International Asset Management LTD

TT International Asset Management LTD acquired a new stake in shares of Hyatt Hotels Co. (NYSE:H) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 33,657 shares of the company’s stock, valued at approximately $5,283,000. Hyatt Hotels makes up about 0.8% of TT International Asset Management LTD’s holdings, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in Hyatt Hotels by 17.2% during the fourth quarter. GAMMA Investing LLC now owns 1,056 shares of the company’s stock valued at $166,000 after buying an additional 155 shares in the last quarter. Versant Capital Management Inc raised its stake in Hyatt Hotels by 583.3% during 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. Oddo BHF Asset Management Sas acquired a new stake in shares of Hyatt Hotels during the 3rd quarter worth approximately $1,728,000. Synovus Financial Corp raised its position in shares of Hyatt Hotels by 15.4% during the 3rd quarter. Synovus Financial Corp now owns 3,492 shares of the company’s stock worth $531,000 after purchasing an additional 467 shares during the period. Finally, Tidal Investments LLC acquired a new stake in shares of Hyatt Hotels during the 3rd quarter worth approximately $273,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Wall Street Analyst Weigh In

H has been the topic of several analyst reports. Jefferies Financial Group raised their target price on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Barclays raised their target price on Hyatt Hotels from $144.00 to $161.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Deutsche Bank Aktiengesellschaft lifted their price target on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Wells Fargo & Company lowered their price target on Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research report on Friday, November 1st. Finally, Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. Fifteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Hyatt Hotels has an average rating of “Hold” and an average price target of $155.21.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the transaction, the insider now owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. This represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.50% of the stock is owned by company insiders.

Hyatt Hotels Trading Down 0.6 %

Shares of H opened at $151.39 on Monday. Hyatt Hotels Co. has a 12-month low of $124.40 and a 12-month high of $168.20. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $14.54 billion, a price-to-earnings ratio of 11.41 and a beta of 1.48. The stock’s 50-day moving average price is $156.39 and its 200 day moving average price is $151.60.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data 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. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same period in the previous year, the business earned $0.70 earnings per share. As a group, research analysts predict that Hyatt Hotels Co. will post 3.89 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Friday, November 22nd. Hyatt Hotels’s payout ratio is currently 4.52%.

Hyatt Hotels Company 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.