RWA Wealth Partners LLC Increases Holdings in Hyatt Hotels Co. (NYSE:H)

RWA Wealth Partners LLC lifted its position in Hyatt Hotels Co. (NYSE:H) by 10.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,632 shares of the company’s stock after buying an additional 350 shares during the period. RWA Wealth Partners LLC’s holdings in Hyatt Hotels were worth $570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Kensington Investment Counsel LLC boosted its stake in shares of Hyatt Hotels by 0.7% during the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company’s stock worth $2,136,000 after acquiring an additional 95 shares during the last quarter. Bridges Investment Management Inc. lifted its position in Hyatt Hotels by 2.3% during the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company’s stock valued at $681,000 after purchasing an additional 99 shares in the last quarter. UMB Bank n.a. increased its position in Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after buying an additional 104 shares in the last quarter. Arizona State Retirement System raised its stake in shares of Hyatt Hotels by 0.9% in the fourth quarter. Arizona State Retirement System now owns 13,050 shares of the company’s stock worth $2,049,000 after buying an additional 110 shares during the period. Finally, Fifth Third Bancorp lifted its position in shares of Hyatt Hotels by 31.9% during the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after buying an additional 113 shares in the last quarter. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Trading Down 0.6 %

H opened at $121.77 on Wednesday. The firm has a market cap of $11.71 billion, a P/E ratio of 9.79 and a beta of 1.51. Hyatt Hotels Co. has a 12 month low of $116.13 and a 12 month high of $168.20. The stock has a 50-day moving average of $141.03 and a 200 day moving average of $149.96. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last announced its 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 net margin of 19.50% and a return on equity of 9.81%. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the company posted $0.64 EPS. As a group, research analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have commented on H shares. Jefferies Financial Group raised their target price on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Robert W. Baird lowered their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. Macquarie cut their price target on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Susquehanna boosted their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Finally, StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Hyatt Hotels presently has an average rating of “Hold” and a consensus price target of $161.97.

Insiders Place Their Bets

In other news, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark R. Vondrasek sold 10,000 shares of Hyatt Hotels stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of the transaction, the insider now directly owns 9,337 shares in the company, valued at $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,600 shares of company stock worth $1,517,798 in the last three months. Corporate insiders own 23.50% of the company’s stock.

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.