2,940 Shares in Hyatt Hotels Co. (NYSE:H) Acquired by EntryPoint Capital LLC

EntryPoint Capital LLC acquired a new position in shares of Hyatt Hotels Co. (NYSE:H) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 2,940 shares of the company’s stock, valued at approximately $462,000.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in Hyatt Hotels in the 4th quarter worth approximately $77,136,000. KBC Group NV increased its stake in shares of Hyatt Hotels by 978.3% in the fourth quarter. KBC Group NV now owns 108,966 shares of the company’s stock worth $17,106,000 after acquiring an additional 98,861 shares during the period. Bamco Inc. NY raised its holdings in shares of Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after purchasing an additional 68,608 shares during the last quarter. Worldquant Millennium Advisors LLC lifted its position in Hyatt Hotels by 87.2% during the third quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company’s stock valued at $21,431,000 after purchasing an additional 65,577 shares during the period. Finally, Wellington Management Group LLP boosted its holdings in 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 last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

Hyatt Hotels Stock Performance

Shares of NYSE:H opened at $125.57 on Wednesday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. Hyatt Hotels Co. has a 1 year low of $116.13 and a 1 year high of $168.20. The firm has a market capitalization of $12.07 billion, a PE ratio of 10.09 and a beta of 1.51. The business’s 50 day moving average price is $144.28 and its 200-day moving average price is $150.73.

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). The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same period last year, the firm earned $0.64 EPS. As a group, equities research analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were issued a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.48%. Hyatt Hotels’s payout ratio is 4.82%.

Analysts Set New Price Targets

H has been the subject of a number of recent research reports. Mizuho reduced their price objective on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Barclays decreased their price target on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a report on Friday, February 14th. The Goldman Sachs Group dropped their price objective on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating on the stock in a research note on Thursday, March 6th. Stifel Nicolaus boosted their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Finally, Wells Fargo & Company dropped their price target on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $161.97.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value 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 $1,090,561.60. This represents a 51.71 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the sale, the director now owns 37,927 shares of the company’s stock, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,600 shares of company stock valued at $1,517,798 in the last ninety days. 23.50% of the stock is currently owned by corporate insiders.

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.