Mediolanum International Funds Ltd Purchases Shares of 2,056 Hyatt Hotels Co. (NYSE:H)

Mediolanum International Funds Ltd purchased a new stake in shares of Hyatt Hotels Co. (NYSE:H) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,056 shares of the company’s stock, valued at approximately $324,000.

A number of other institutional investors have also bought and sold shares of the company. Asset Management One Co. Ltd. boosted its position in Hyatt Hotels by 0.4% during the third quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after acquiring an additional 66 shares during the last quarter. PFG Investments LLC boosted its position in Hyatt Hotels by 1.5% during the third quarter. PFG Investments LLC now owns 4,846 shares of the company’s stock valued at $738,000 after acquiring an additional 70 shares during the last quarter. Hunter Associates Investment Management LLC boosted its position in Hyatt Hotels by 0.6% during the third quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock valued at $2,601,000 after acquiring an additional 95 shares during the last quarter. UMB Bank n.a. boosted its position in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its position in Hyatt Hotels by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock valued at $94,000 after acquiring an additional 110 shares during the last quarter. Institutional investors own 73.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on H shares. StockNews.com raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Barclays increased their price objective on shares of Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Evercore ISI increased their price objective on shares of Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research report on Monday, October 21st. Macquarie cut their price objective on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, Truist Financial cut their price objective on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Fourteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $156.48.

Hyatt Hotels Trading Down 0.4 %

NYSE:H opened at $158.44 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $15.22 billion, a PE ratio of 11.94 and a beta of 1.48. The firm’s 50 day moving average is $157.06 and its 200 day moving average is $152.02. Hyatt Hotels Co. has a 12 month low of $125.44 and a 12 month high of $168.20.

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

Insider Buying and Selling

In related news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels 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 transaction, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.50% of the stock is currently owned by insiders.

Hyatt Hotels Company 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.