Hedeker Wealth LLC Acquires 5,554 Shares of Hyatt Hotels Co. (NYSE:H)

Hedeker Wealth LLC lifted its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 54.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 15,777 shares of the company’s stock after purchasing an additional 5,554 shares during the period. Hedeker Wealth LLC’s holdings in Hyatt Hotels were worth $2,477,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Icon Wealth Advisors LLC lifted its stake in Hyatt Hotels by 17,641.6% in the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock valued at $20,009,000 after buying an additional 130,724 shares during the period. KBC Group NV lifted its stake in Hyatt Hotels by 978.3% in the fourth quarter. KBC Group NV now owns 108,966 shares of the company’s stock valued at $17,106,000 after buying an additional 98,861 shares during the period. Bamco Inc. NY raised its position in shares of Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after purchasing an additional 68,608 shares during the period. Worldquant Millennium Advisors LLC raised its position in shares of Hyatt Hotels by 87.2% during the third quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company’s stock worth $21,431,000 after purchasing an additional 65,577 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Hyatt Hotels by 3.3% during the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock worth $267,192,000 after purchasing an additional 56,082 shares during the period. Institutional investors and hedge funds own 73.54% of the company’s stock.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 23.50% of the company’s stock.

Hyatt Hotels Price Performance

Shares of H opened at $166.52 on Friday. Hyatt Hotels Co. has a 12-month low of $125.44 and a 12-month high of $168.20. The business has a 50-day simple moving average of $157.28 and a two-hundred day simple moving average of $152.22. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The stock has a market cap of $15.99 billion, a PE ratio of 12.55 and a beta of 1.48.

Wall Street Analyst Weigh In

H has been the topic of a number of research analyst reports. Barclays raised their price target on Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. The Goldman Sachs Group raised their price target on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Evercore ISI increased their price objective on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Robert W. Baird increased their price objective on Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Finally, Truist Financial decreased their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a report on Friday, November 1st. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Hyatt Hotels has an average rating of “Hold” and a consensus target price of $156.38.

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.