Thurston Springer Miller Herd & Titak Inc. Has $261,000 Stock Position in Hyatt Hotels Co. (NYSE:H)

Thurston Springer Miller Herd & Titak Inc. raised its holdings in Hyatt Hotels Co. (NYSE:H) by 242.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,660 shares of the company’s stock after purchasing an additional 1,175 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Hyatt Hotels were worth $261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC lifted its stake in Hyatt Hotels by 31.1% in the 4th quarter. Park Avenue Securities LLC now owns 4,114 shares of the company’s stock valued at $646,000 after purchasing an additional 975 shares during the last quarter. TT International Asset Management LTD bought a new position in Hyatt Hotels in the 4th quarter valued at approximately $5,283,000. GAMMA Investing LLC boosted its position in Hyatt Hotels by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company’s stock worth $166,000 after buying an additional 155 shares during the period. Versant Capital Management Inc grew its holdings in Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 175 shares during the last quarter. Finally, Oddo BHF Asset Management Sas acquired a new position in Hyatt Hotels in the 3rd quarter valued at approximately $1,728,000. Institutional investors own 73.54% of the company’s stock.

Insider Buying and Selling

In related news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction that occurred 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 owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 23.50% of the stock is currently owned by corporate insiders.

Hyatt Hotels Trading Up 0.2 %

NYSE H opened at $154.97 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The business has a fifty day simple moving average of $156.84 and a 200 day simple moving average of $151.67. Hyatt Hotels Co. has a 12 month low of $125.22 and a 12 month high of $168.20. The firm has a market capitalization of $14.88 billion, a P/E ratio of 11.68 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the company posted $0.70 earnings per share. On average, analysts predict that Hyatt Hotels Co. will post 3.82 EPS for the current fiscal 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 0.39%. The ex-dividend date was Friday, November 22nd. Hyatt Hotels’s dividend payout ratio is presently 4.52%.

Analyst Upgrades and Downgrades

H has been the topic of several analyst reports. Mizuho reduced their price objective on shares of Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating on the stock in a research note on Monday, November 4th. Evercore ISI lifted their price objective on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Barclays increased their target price on shares of Hyatt Hotels from $144.00 to $161.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Hsbc Global Res raised shares of Hyatt Hotels to a “hold” rating in a research note on Friday, November 1st. Finally, Jefferies Financial Group lifted their target price on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Fourteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $156.48.

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.