4 days Ago By ABMN Staff
Envestnet Asset Management Inc. grew its holdings in Hyatt Hotels Co. ( NYSE:H – Free Report ) by 2.
8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 112,638 shares of the company’s stock after buying an additional 3,028 shares during the quarter.
Envestnet Asset Management Inc.’s holdings in Hyatt Hotels were worth $17,682,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors also recently modified their holdings of the business.
Geode Capital Management LLC increased its stake in Hyatt Hotels by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after acquiring an additional 7,440 shares during the last quarter.
TT International Asset Management LTD purchased a new position in shares of Hyatt Hotels during the fourth quarter worth about $5,283,000. World Investment Advisors LLC bought a new position in shares of Hyatt Hotels in the third quarter worth approximately $4,520,000. GAMMA Investing LLC raised its stake in Hyatt Hotels by 17.
2% in the fourth quarter. GAMMA Investing LLC now owns 1,056 shares of the company’s stock valued at $166,000 after purchasing an additional 155 shares in the last quarter. Finally, Versant Capital Management Inc lifted its position 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 purchasing an additional 175 shares during the last quarter. 73.
54% of the stock is currently owned by hedge funds and other institutional investors. Insider Buying and Selling In related news, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction dated Friday, March 21st.
The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00.
Following the completion of the sale, the insider now owns 9,337 shares in the company, valued at approximately $1,090,561.60. This trade represents a 51.
71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, Director Susan D.
Kronick sold 1,600 shares of the business’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 value of $226,848.
00. Following the completion of the transaction, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06.
This represents a 4.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last three months, insiders have sold 12,600 shares of company stock valued at $1,517,798. 23.50% of the stock is owned by company insiders.
Analysts Set New Price Targets Check Out Our Latest Stock Analysis on Hyatt Hotels Hyatt Hotels Stock Performance H stock opened at $108.48 on Wednesday. The stock’s 50 day simple moving average is $130.
01 and its 200 day simple moving average is $146.60. The company has a current ratio of 0.
83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.
Hyatt Hotels Co. has a 12-month low of $102.43 and a 12-month high of $168.
20. The stock has a market capitalization of $10.43 billion, a PE ratio of 8.
72 and a beta of 1.35. Hyatt Hotels ( NYSE:H – Get Free Report ) last posted 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). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.
81%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.
63 billion. During the same quarter in the prior year, the company posted $0.64 EPS.
As a group, research analysts forecast that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.
Hyatt Hotels Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a dividend of $0.15 per share.
This represents a $0.60 annualized dividend and a dividend yield of 0.55%.
The ex-dividend date was Friday, February 28th. Hyatt Hotels’s dividend payout ratio is presently 4.82%.
About Hyatt Hotels ( Free Report ) 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.
Further Reading Want to see what other hedge funds are holding H? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hyatt Hotels Co. ( NYSE:H – Free Report ).
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