Hunter Associates Investment Management LLC Grows Position in Hyatt Hotels Co. (NYSE:H)

Hunter Associates Investment Management LLC increased its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 4.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 17,795 shares of the company’s stock after purchasing an additional 718 shares during the quarter. Hunter Associates Investment Management LLC’s holdings in Hyatt Hotels were worth $2,791,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of H. Icon Wealth Advisors LLC grew its stake in shares of 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 in the last quarter. Millennium Management LLC lifted its position in shares of Hyatt Hotels by 700.5% during the second quarter. Millennium Management LLC now owns 122,746 shares of the company’s stock worth $18,648,000 after purchasing an additional 107,412 shares in the last quarter. KBC Group NV boosted its stake in shares of 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 purchasing an additional 98,861 shares during the period. Bamco Inc. NY grew its holdings in Hyatt Hotels by 1.3% during the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after purchasing an additional 68,608 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its stake in Hyatt Hotels by 87.2% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company’s stock worth $21,431,000 after buying an additional 65,577 shares during the period. Hedge funds and other institutional investors own 73.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays lifted their target price 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 upped their target price on Hyatt Hotels from $151.00 to $167.00 and gave the company a “neutral” rating in a research report on Tuesday, December 10th. Evercore ISI lifted their price target on shares of Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Wells Fargo & Company reduced their price target on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research report on Friday, November 1st. Finally, Hsbc Global Res raised shares of Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Fourteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $156.48.

Hyatt Hotels Stock Up 1.1 %

H opened at $159.13 on Friday. The stock’s fifty day moving average is $157.01 and its 200-day moving average is $152.12. The company has a market capitalization of $15.28 billion, a PE ratio of 11.99 and a beta of 1.48. Hyatt Hotels Co. has a one year low of $125.44 and a one year high of $168.20. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period in the prior year, the business earned $0.70 earnings per share. On average, equities analysts predict that Hyatt Hotels Co. will post 3.81 EPS for the current fiscal year.

Insider Activity

In related news, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were 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 in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.