Greenleaf Trust Purchases Shares of 1,688 Hyatt Hotels Co. (NYSE:H)

Greenleaf Trust purchased a new stake in Hyatt Hotels Co. (NYSE:H) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,688 shares of the company’s stock, valued at approximately $220,000.

Other hedge funds also recently bought and sold shares of the company. Banque Cantonale Vaudoise acquired a new stake in Hyatt Hotels in the 3rd quarter valued at about $83,000. SG Americas Securities LLC acquired a new stake in shares of Hyatt Hotels during the 3rd quarter worth about $157,000. HMS Capital Management LLC acquired a new stake in shares of Hyatt Hotels during the 4th quarter worth about $217,000. Flynn Zito Capital Management LLC acquired a new stake in shares of Hyatt Hotels during the 4th quarter worth about $247,000. Finally, Gilbert & Cook Inc. raised its position in shares of Hyatt Hotels by 10.6% during the 3rd quarter. Gilbert & Cook Inc. now owns 1,934 shares of the company’s stock worth $205,000 after acquiring an additional 185 shares in the last quarter. Institutional investors and hedge funds own 71.02% of the company’s stock.

Insider Activity at Hyatt Hotels

In related news, insider Traubert Foundation Pritzker sold 704,229 shares of Hyatt Hotels stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total transaction of $111,247,055.13. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total value of $200,096,680.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Traubert Foundation Pritzker sold 704,229 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total value of $111,247,055.13. The disclosure for this sale can be found here. Insiders have sold a total of 2,077,803 shares of company stock worth $325,526,849 over the last three months. 23.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

H has been the topic of several research analyst reports. Truist Financial raised their target price on Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. JPMorgan Chase & Co. raised their target price on Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Robert W. Baird raised their target price on Hyatt Hotels from $116.00 to $134.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 13th. StockNews.com downgraded Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Morgan Stanley downgraded Hyatt Hotels from an “overweight” rating to an “equal weight” rating and raised their price target for the stock from $149.00 to $156.00 in a research note on Monday, March 11th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $141.88.

Hyatt Hotels Trading Up 1.3 %

Shares of H stock opened at $151.80 on Thursday. The business’s 50 day moving average is $152.51 and its two-hundred day moving average is $131.28. Hyatt Hotels Co. has a twelve month low of $96.77 and a twelve month high of $161.50. The company has a market capitalization of $15.36 billion, a P/E ratio of 74.41, a price-to-earnings-growth ratio of 20.91 and a beta of 1.49. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Friday, February 23rd. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.26. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same period in the previous year, the business earned $2.55 earnings per share. Equities analysts forecast that Hyatt Hotels Co. will post 3.24 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.40%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 29.41%.

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.