Engineers Gate Manager LP decreased its stake in shares of Hyatt Hotels Corporation (NYSE:H) by 88.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,463 shares of the company’s stock after selling 76,137 shares during the period. Engineers Gate Manager LP’s holdings in Hyatt Hotels Corporation were worth $532,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in H. Morgan Stanley boosted its holdings in shares of Hyatt Hotels Corporation by 85.5% during the 1st quarter. Morgan Stanley now owns 2,624,726 shares of the company’s stock worth $141,682,000 after buying an additional 1,209,744 shares during the period. MARSHALL WACE ASIA Ltd bought a new stake in shares of Hyatt Hotels Corporation during the 1st quarter worth about $37,860,000. Marshall Wace North America L.P. bought a new stake in shares of Hyatt Hotels Corporation during the 1st quarter worth about $37,860,000. BNP Paribas Arbitrage SA boosted its holdings in shares of Hyatt Hotels Corporation by 485.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 624,966 shares of the company’s stock worth $35,129,000 after buying an additional 518,164 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Hyatt Hotels Corporation by 19.5% during the 1st quarter. Vanguard Group Inc. now owns 2,872,449 shares of the company’s stock worth $155,055,000 after buying an additional 469,675 shares during the period. 30.68% of the stock is owned by institutional investors and hedge funds.

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Hyatt Hotels Corporation (NYSE:H) opened at 60.52 on Friday. The firm has a market capitalization of $7.57 billion, a PE ratio of 30.35 and a beta of 1.25. Hyatt Hotels Corporation has a 12 month low of $47.94 and a 12 month high of $61.07. The stock has a 50 day moving average of $58.12 and a 200 day moving average of $56.09.

Hyatt Hotels Corporation (NYSE:H) last announced its earnings results on Thursday, August 3rd. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.17. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. Hyatt Hotels Corporation had a net margin of 5.71% and a return on equity of 6.78%. During the same period last year, the firm posted $0.64 earnings per share. On average, equities analysts predict that Hyatt Hotels Corporation will post $1.60 earnings per share for the current fiscal year.

H has been the subject of several analyst reports. BidaskClub cut shares of Hyatt Hotels Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Wolfe Research upgraded shares of Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. Deutsche Bank AG reiterated a “hold” rating and issued a $60.00 price objective (up previously from $59.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. FBR & Co reiterated an “outperform” rating and issued a $66.00 price objective (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $68.00 price objective on shares of Hyatt Hotels Corporation in a research note on Friday, September 8th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $58.56.

In related news, insider Don G.C. Trust #8 sold 42,146 shares of Hyatt Hotels Corporation stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $59.55, for a total value of $2,509,794.30. Following the sale, the insider now owns 42,146 shares in the company, valued at $2,509,794.30. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Peter Sears sold 9,059 shares of Hyatt Hotels Corporation stock in a transaction on Friday, September 8th. The shares were sold at an average price of $59.29, for a total transaction of $537,108.11. Following the completion of the sale, the insider now owns 8,292 shares in the company, valued at approximately $491,632.68. The disclosure for this sale can be found here. Insiders have sold 8,713,219 shares of company stock worth $501,819,287 over the last three months. Insiders own 27.51% of the company’s stock.

Hyatt Hotels Corporation Profile

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Institutional Ownership by Quarter for Hyatt Hotels Corporation (NYSE:H)

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