Swedbank AB Invests $3.22 Million in Hyatt Hotels Co. (NYSE:H)

Swedbank AB purchased a new stake in Hyatt Hotels Co. (NYSE:H) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 20,509 shares of the company’s stock, valued at approximately $3,220,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of H. KBC Group NV lifted its position in Hyatt Hotels by 978.3% in the fourth quarter. KBC Group NV now owns 108,966 shares of the company’s stock worth $17,106,000 after purchasing an additional 98,861 shares during the period. Blue Trust Inc. increased its position in shares of Hyatt Hotels by 78.8% during the 4th quarter. Blue Trust Inc. now owns 581 shares of the company’s stock worth $88,000 after purchasing an additional 256 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after acquiring an additional 113 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Hyatt Hotels by 474.0% in the 4th quarter. SG Americas Securities LLC now owns 5,120 shares of the company’s stock worth $804,000 after acquiring an additional 4,228 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in Hyatt Hotels by 67.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock worth $163,000 after acquiring an additional 420 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Mark R. Vondrasek sold 3,776 shares of the business’s 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 sale, the insider now directly owns 5,798 shares in the company, valued at $927,622.02. The trade was a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Performance

H stock opened at $158.44 on Friday. Hyatt Hotels Co. has a 1-year low of $125.44 and a 1-year high of $168.20. The business’s 50-day moving average price is $157.06 and its two-hundred day moving average price is $152.05. The firm has a market cap of $15.22 billion, a PE ratio of 11.94 and a beta of 1.48. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. StockNews.com raised Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Cfra set a $155.00 price objective on shares of Hyatt Hotels in a report on Thursday, October 17th. Evercore ISI boosted their target price 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. Deutsche Bank Aktiengesellschaft increased their price target on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research note on Friday, November 1st. Finally, Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research report on Tuesday, November 26th. Fourteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Hyatt Hotels has a consensus rating of “Hold” and a consensus price target of $156.48.

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.