Flynn Zito Capital Management LLC Purchases 161 Shares of Hyatt Hotels Co. (NYSE:H)

Flynn Zito Capital Management LLC grew its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 10.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,691 shares of the company’s stock after buying an additional 161 shares during the quarter. Flynn Zito Capital Management LLC’s holdings in Hyatt Hotels were worth $265,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Asset Management One Co. Ltd. grew its stake in Hyatt Hotels by 0.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock worth $2,365,000 after acquiring an additional 66 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after purchasing an additional 104 shares during the period. Nisa Investment Advisors LLC grew its stake in Hyatt Hotels by 21.6% in the third quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock worth $94,000 after purchasing an additional 110 shares in the last quarter. Fifth Third Bancorp increased its holdings in Hyatt Hotels by 31.9% during the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after purchasing an additional 113 shares during the period. Finally, Principal Securities Inc. raised its position in Hyatt Hotels by 10.3% during the 4th quarter. Principal Securities Inc. now owns 1,579 shares of the company’s stock valued at $248,000 after purchasing an additional 147 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on H shares. Barclays cut their price target on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. StockNews.com downgraded shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. Mizuho lowered their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. HSBC downgraded shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research note on Friday, November 1st. Finally, Jefferies Financial Group upped their target price on Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $162.55.

Hyatt Hotels Stock Up 1.0 %

Hyatt Hotels stock opened at $139.91 on Thursday. The business’s 50-day simple moving average is $154.22 and its two-hundred day simple moving average is $152.75. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $13.45 billion, a PE ratio of 11.25 and a beta of 1.48. Hyatt Hotels Co. has a fifty-two week low of $128.91 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the company posted $0.64 EPS. Equities analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.43%. Hyatt Hotels’s dividend payout ratio is presently 4.82%.

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.