Achmea Investment Management B.V. Lowers Stake in Hyatt Hotels Co. (NYSE:H)

Achmea Investment Management B.V. reduced its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 75.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 5,977 shares of the company’s stock after selling 18,745 shares during the period. Achmea Investment Management B.V.’s holdings in Hyatt Hotels were worth $938,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of H. Bridges Investment Management Inc. increased its stake in shares of Hyatt Hotels by 2.3% during the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company’s stock worth $681,000 after acquiring an additional 99 shares during the period. UMB Bank n.a. increased its stake in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after acquiring an additional 104 shares during the period. Arizona State Retirement System increased its stake in shares of Hyatt Hotels by 0.9% during the fourth quarter. Arizona State Retirement System now owns 13,050 shares of the company’s stock worth $2,049,000 after acquiring an additional 110 shares during the period. Fifth Third Bancorp increased its stake in shares of Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after acquiring an additional 113 shares during the period. Finally, US Bancorp DE increased its stake in shares of Hyatt Hotels by 3.7% during the fourth quarter. US Bancorp DE now owns 3,311 shares of the company’s stock worth $520,000 after acquiring an additional 117 shares during the period. 73.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on H shares. Morgan Stanley lowered their target price on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 4th. Mizuho lowered their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. Macquarie lowered their target price on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. JPMorgan Chase & Co. upped their target price on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Finally, The Goldman Sachs Group lowered their target price on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $162.24.

Insider Transactions at Hyatt Hotels

In related news, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the sale, the director now directly owns 37,927 shares of the company’s stock, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 23.50% of the company’s stock.

Hyatt Hotels Price Performance

Hyatt Hotels stock opened at $122.28 on Friday. Hyatt Hotels Co. has a 52-week low of $119.30 and a 52-week high of $168.20. The firm has a fifty day moving average of $148.28 and a 200-day moving average of $151.90. The firm has a market capitalization of $11.76 billion, a P/E ratio of 9.83 and a beta of 1.51. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data 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 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 period in the previous year, the company earned $0.64 EPS. As a group, analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels’s payout ratio is currently 4.82%.

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.