State Street Corp lowered its stake in Hyatt Hotels Corporation (NYSE:H) by 3.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 412,154 shares of the company’s stock after selling 15,283 shares during the quarter. State Street Corp owned about 1.06% of Hyatt Hotels Corporation worth $23,168,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Cornerstone Capital Management Holdings LLC. lifted its stake in Hyatt Hotels Corporation by 162.3% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 30,510 shares of the company’s stock worth $1,714,000 after purchasing an additional 18,879 shares in the last quarter. Royal Bank of Canada lifted its stake in Hyatt Hotels Corporation by 11.9% in the 2nd quarter. Royal Bank of Canada now owns 6,974 shares of the company’s stock worth $392,000 after purchasing an additional 741 shares in the last quarter. AHL Partners LLP lifted its stake in Hyatt Hotels Corporation by 44.3% in the 2nd quarter. AHL Partners LLP now owns 258,825 shares of the company’s stock worth $14,549,000 after purchasing an additional 79,451 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Hyatt Hotels Corporation by 14.9% in the 2nd quarter. Goldman Sachs Group Inc. now owns 501,089 shares of the company’s stock worth $28,167,000 after purchasing an additional 65,031 shares in the last quarter. Finally, Picton Mahoney Asset Management purchased a new stake in Hyatt Hotels Corporation in the 2nd quarter worth $421,000. Institutional investors and hedge funds own 31.46% of the company’s stock.

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In related news, insider R.A. G.C. Trust #8 sold 7,964 shares of the company’s stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $59.29, for a total transaction of $472,185.56. Following the transaction, the insider now directly owns 7,964 shares in the company, valued at approximately $472,185.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Peter Sears sold 9,059 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $59.29, for a total transaction of $537,108.11. Following the transaction, the insider now owns 8,292 shares in the company, valued at $491,632.68. The disclosure for this sale can be found here. Insiders have sold a total of 353,488 shares of company stock worth $22,605,712 over the last quarter. 27.51% of the stock is currently owned by insiders.

H has been the topic of several research analyst reports. Wells Fargo & Company upgraded shares of Hyatt Hotels Corporation from a “market perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a research note on Monday, November 6th. B. Riley cut shares of Hyatt Hotels Corporation from a “buy” rating to a “neutral” rating and set a $70.00 price target on the stock. in a research note on Monday, November 6th. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $61.00 price target on shares of Hyatt Hotels Corporation in a research note on Tuesday, October 17th. Robert W. Baird set a $70.00 price target on shares of Hyatt Hotels Corporation and gave the stock a “buy” rating in a research note on Sunday, October 29th. Finally, BidaskClub cut shares of Hyatt Hotels Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. Hyatt Hotels Corporation currently has a consensus rating of “Hold” and a consensus price target of $66.50.

Hyatt Hotels Corporation (NYSE H) opened at $69.96 on Thursday. The company has a market cap of $8,456.38, a PE ratio of 38.64, a P/E/G ratio of 9.89 and a beta of 1.20. Hyatt Hotels Corporation has a fifty-two week low of $50.21 and a fifty-two week high of $70.95. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.39.

Hyatt Hotels Corporation (NYSE:H) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.17 by $0.09. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Hyatt Hotels Corporation had a net margin of 4.66% and a return on equity of 6.13%. During the same period in the prior year, the firm posted $0.47 EPS. equities analysts predict that Hyatt Hotels Corporation will post 1.73 earnings per share for the current fiscal year.

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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