Yousif Capital Management LLC Acquires New Stake in Hyatt Hotels Co. (NYSE:H)

Yousif Capital Management LLC purchased a new stake in Hyatt Hotels Co. (NYSE:H) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 21,288 shares of the company’s stock, valued at approximately $2,776,000.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC acquired a new stake in shares of Hyatt Hotels in the fourth quarter valued at approximately $59,000. Banque Cantonale Vaudoise bought a new position in shares of Hyatt Hotels in the third quarter valued at $83,000. SG Americas Securities LLC bought a new stake in Hyatt Hotels during the third quarter worth $157,000. Gilbert & Cook Inc. grew its position in shares of Hyatt Hotels by 10.6% in the 3rd quarter. Gilbert & Cook Inc. now owns 1,934 shares of the company’s stock valued at $205,000 after acquiring an additional 185 shares during the period. Finally, HMS Capital Management LLC bought a new stake in shares of Hyatt Hotels in the 4th quarter valued at about $217,000. 71.02% of the stock is currently owned by institutional investors.

Hyatt Hotels Stock Up 0.5 %

H stock opened at $152.07 on Tuesday. Hyatt Hotels Co. has a 52 week low of $96.77 and a 52 week high of $161.50. The business has a 50-day simple moving average of $153.60 and a 200 day simple moving average of $132.37. The company has a quick ratio of 0.59, a current ratio of 0.60 and a debt-to-equity ratio of 0.65. The company has a market cap of $15.38 billion, a PE ratio of 74.54, a price-to-earnings-growth ratio of 21.59 and a beta of 1.49.

Hyatt Hotels (NYSE:H) last issued its earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.38 by $0.26. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.56 billion. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. During the same period in the previous year, the company earned $2.55 EPS. Sell-side analysts anticipate that Hyatt Hotels Co. will post 3.24 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.15 per share. 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 0.39%. Hyatt Hotels’s dividend payout ratio (DPR) is currently 29.41%.

Insider Buying and Selling

In related news, insider Margaret C. Egan sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $157.78, for a total transaction of $157,780.00. Following the sale, the insider now directly owns 20,546 shares of the company’s stock, valued at approximately $3,241,747.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Margaret C. Egan sold 1,000 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $157.78, for a total transaction of $157,780.00. Following the sale, the insider now owns 20,546 shares of the company’s stock, valued at approximately $3,241,747.88. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Joan Bottarini sold 4,250 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $128.72, for a total value of $547,060.00. Following the sale, the insider now owns 11,301 shares in the company, valued at approximately $1,454,664.72. The disclosure for this sale can be found here. Insiders sold a total of 2,077,803 shares of company stock worth $325,526,849 in the last ninety days. 23.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on H. Barclays decreased their target price on Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a report on Friday, April 19th. Truist Financial raised their target price on shares of Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a research note on Thursday, March 14th. Redburn Atlantic lowered shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and upped their price target for the company from $120.00 to $130.00 in a research note on Tuesday, January 16th. JPMorgan Chase & Co. raised their price objective on shares of Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Finally, Mizuho decreased their target price on Hyatt Hotels from $197.00 to $195.00 and set a “buy” rating on the stock in a research report on Tuesday, April 23rd. One research analyst has rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $141.88.

About Hyatt Hotels

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.