Hyatt Hotels Co. (NYSE:H) Stock Position Lifted by Kensington Investment Counsel LLC

Kensington Investment Counsel LLC grew its stake in shares of Hyatt Hotels Co. (NYSE:H) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,509 shares of the company’s stock after acquiring an additional 377 shares during the period. Kensington Investment Counsel LLC’s holdings in Hyatt Hotels were worth $2,056,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of H. Summit Securities Group LLC acquired a new stake in Hyatt Hotels in the second quarter valued at approximately $30,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Hyatt Hotels in the third quarter worth $30,000. Blue Trust Inc. boosted its holdings in Hyatt Hotels by 190.2% in the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after purchasing an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in Hyatt Hotels by 1,107.1% during the second quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock worth $50,000 after buying an additional 310 shares during the last quarter. Finally, iA Global Asset Management Inc. bought a new position in Hyatt Hotels during the third quarter valued at about $51,000. 71.02% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the 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 directly owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 23.50% of the stock is owned by insiders.

Hyatt Hotels Trading Down 0.7 %

Shares of NYSE H opened at $163.40 on Friday. Hyatt Hotels Co. has a 1-year low of $118.12 and a 1-year high of $168.20. The company has a 50-day moving average of $154.15 and a two-hundred day moving average of $149.96. The company has a market cap of $15.69 billion, a PE ratio of 12.31 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 released its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. The company had revenue of $1.63 billion during 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 quarter in the previous year, the company posted $0.70 earnings per share. As a group, equities analysts expect that Hyatt Hotels Co. will post 3.89 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were given a $0.15 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.37%. Hyatt Hotels’s dividend payout ratio is currently 4.52%.

Analyst Ratings Changes

H has been the subject of a number of analyst reports. The Goldman Sachs Group initiated coverage on shares of Hyatt Hotels in a research note on Wednesday, September 18th. They issued a “neutral” rating and a $151.00 price objective for the company. Deutsche Bank Aktiengesellschaft upped their price target on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a report on Friday, November 1st. Barclays dropped their price objective on Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Evercore ISI increased their target price on Hyatt Hotels from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Monday, October 21st. Finally, Robert W. Baird lifted their price target on Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. Fifteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average 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.