Sumitomo Mitsui Trust Holdings Inc. Has $12.93 Million Holdings in Hyatt Hotels Co. (NYSE:H)

Sumitomo Mitsui Trust Holdings Inc. reduced its stake in Hyatt Hotels Co. (NYSE:H) by 0.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,158 shares of the company’s stock after selling 605 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.10% of Hyatt Hotels worth $12,931,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. AE Wealth Management LLC grew its stake in Hyatt Hotels by 17.0% during the third quarter. AE Wealth Management LLC now owns 4,872 shares of the company’s stock worth $517,000 after buying an additional 709 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Hyatt Hotels during the 3rd quarter worth approximately $157,000. Oak Thistle LLC bought a new position in Hyatt Hotels in the third quarter valued at approximately $542,000. Handelsbanken Fonder AB raised its position in Hyatt Hotels by 15.1% during the third quarter. Handelsbanken Fonder AB now owns 457,500 shares of the company’s stock valued at $48,532,000 after purchasing an additional 60,000 shares in the last quarter. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Hyatt Hotels by 21.8% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,400 shares of the company’s stock valued at $2,907,000 after purchasing an additional 4,900 shares in the last quarter. Institutional investors and hedge funds own 71.02% of the company’s stock.

Hyatt Hotels Stock Performance

Shares of H opened at $146.74 on Tuesday. The firm’s fifty day simple moving average is $151.59 and its two-hundred day simple moving average is $130.81. Hyatt Hotels Co. has a 12 month low of $96.77 and a 12 month high of $161.50. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $14.85 billion, a P/E ratio of 71.93, a price-to-earnings-growth ratio of 20.88 and a beta of 1.49.

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

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Wednesday, February 28th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date was Tuesday, February 27th. Hyatt Hotels’s payout ratio is 29.41%.

Analyst Ratings Changes

A number of research analysts have issued reports on H shares. Jefferies Financial Group lifted their target price on Hyatt Hotels from $104.00 to $127.00 and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Mizuho assumed coverage on shares of Hyatt Hotels in a research report on Tuesday, March 26th. They set a “buy” rating and a $197.00 price objective for the company. Barclays cut their target price on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Friday. Royal Bank of Canada increased their price target on Hyatt Hotels from $37.00 to $41.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 14th. Finally, Redburn Atlantic lowered Hyatt Hotels from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $120.00 to $130.00 in a research report on Tuesday, January 16th. Eleven equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $142.00.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Traubert Foundation Pritzker sold 704,229 shares of the company’s stock in a transaction that occurred 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Mark Samuel Hoplamazian sold 75,457 shares of Hyatt Hotels stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $158.47, for a total transaction of $11,957,670.79. Following the completion of the transaction, the insider now directly owns 459,000 shares in the company, valued at $72,737,730. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Traubert Foundation Pritzker sold 704,229 shares of the company’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $157.97, for a total transaction of $111,247,055.13. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,077,803 shares of company stock valued at $325,526,849. Corporate insiders own 23.50% of the company’s stock.

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.