Fox Run Management L.L.C. bought a new stake in Hyatt Hotels Co. (NYSE:H) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 4,692 shares of the company’s stock, valued at approximately $373,000.

Several other hedge funds have also modified their holdings of H. Envestnet Asset Management Inc. grew its holdings in Hyatt Hotels by 201.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,566 shares of the company’s stock valued at $119,000 after purchasing an additional 1,046 shares in the last quarter. Point72 Asia Hong Kong Ltd grew its holdings in Hyatt Hotels by 1,672.8% during the 1st quarter. Point72 Asia Hong Kong Ltd now owns 1,631 shares of the company’s stock valued at $124,000 after purchasing an additional 1,539 shares in the last quarter. Cutler Group LP acquired a new stake in Hyatt Hotels during the 2nd quarter valued at $154,000. Point72 Hong Kong Ltd grew its holdings in Hyatt Hotels by 54.7% during the 2nd quarter. Point72 Hong Kong Ltd now owns 2,523 shares of the company’s stock valued at $195,000 after purchasing an additional 892 shares in the last quarter. Finally, Intrust Bank NA acquired a new stake in Hyatt Hotels during the 2nd quarter valued at $210,000. 37.18% of the stock is currently owned by institutional investors and hedge funds.

In related news, insider 8-26-22 Gp Llc sold 196,719 shares of Hyatt Hotels stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of $78.09, for a total value of $15,361,786.71. Following the sale, the insider now directly owns 100,000 shares in the company, valued at approximately $7,809,000. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider H Co Lp Lci sold 110,480 shares of Hyatt Hotels stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $78.76, for a total transaction of $8,701,404.80. The disclosure for this sale can be found here. Company insiders own 18.40% of the company’s stock.

A number of equities research analysts recently weighed in on the stock. Citigroup raised their price target on shares of Hyatt Hotels from $82.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, June 14th. Berenberg Bank lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and raised their price target for the company from $83.00 to $87.50 in a report on Thursday, July 19th. Zacks Investment Research raised shares of Hyatt Hotels from a “hold” rating to a “buy” rating and set a $90.00 price target for the company in a report on Monday, July 9th. Jefferies Financial Group reaffirmed a “hold” rating and set a $84.00 price target on shares of Hyatt Hotels in a report on Thursday, October 4th. Finally, Longbow Research assumed coverage on shares of Hyatt Hotels in a report on Friday, September 7th. They set a “buy” rating and a $99.00 price target for the company. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. Hyatt Hotels has a consensus rating of “Buy” and a consensus target price of $85.46.

Hyatt Hotels stock opened at $70.79 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.87 and a current ratio of 1.89. Hyatt Hotels Co. has a 1 year low of $61.10 and a 1 year high of $84.89. The stock has a market capitalization of $8.86 billion, a PE ratio of 39.77, a price-to-earnings-growth ratio of 5.03 and a beta of 1.25.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Tuesday, July 31st. The company reported $0.72 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.24. Hyatt Hotels had a net margin of 12.76% and a return on equity of 4.91%. The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.14 billion. On average, research analysts expect that Hyatt Hotels Co. will post 1.58 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 20th. Investors of record on Thursday, September 6th were given a $0.15 dividend. The ex-dividend date was Wednesday, September 5th. This represents a $0.60 annualized dividend and a yield of 0.85%. Hyatt Hotels’s dividend payout ratio is presently 33.71%.

Hyatt Hotels Profile

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

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

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