Long Pond Capital LP boosted its stake in Hyatt Hotels Co. (NYSE:H) by 19.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,971,119 shares of the company’s stock after buying an additional 484,279 shares during the period. Hyatt Hotels accounts for 6.8% of Long Pond Capital LP’s portfolio, making the stock its 4th biggest holding. Long Pond Capital LP owned about 2.83% of Hyatt Hotels worth $226,191,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in H. Principal Financial Group Inc. lifted its holdings in Hyatt Hotels by 2.2% in the 1st quarter. Principal Financial Group Inc. now owns 2,337,380 shares of the company’s stock valued at $169,624,000 after acquiring an additional 51,208 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Hyatt Hotels by 20.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 472,970 shares of the company’s stock valued at $31,975,000 after acquiring an additional 81,800 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Hyatt Hotels by 9.6% in the 4th quarter. Geode Capital Management LLC now owns 446,014 shares of the company’s stock valued at $30,150,000 after acquiring an additional 39,199 shares during the last quarter. Marshall Wace LLP lifted its holdings in Hyatt Hotels by 3,634.7% in the 1st quarter. Marshall Wace LLP now owns 357,826 shares of the company’s stock valued at $25,967,000 after acquiring an additional 348,245 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in Hyatt Hotels by 3.0% in the 2nd quarter. Wells Fargo & Company MN now owns 261,569 shares of the company’s stock valued at $19,913,000 after acquiring an additional 7,563 shares during the last quarter. Hedge funds and other institutional investors own 37.54% of the company’s stock.

H stock opened at $75.83 on Friday. The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 0.56. Hyatt Hotels Co. has a one year low of $63.45 and a one year high of $81.57. The firm has a market capitalization of $7.94 billion, a PE ratio of 38.30, a P/E/G ratio of 5.18 and a beta of 1.07. The firm has a 50-day moving average of $74.68 and a two-hundred day moving average of $75.07.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.34. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.23 billion. Hyatt Hotels had a net margin of 9.07% and a return on equity of 6.34%. During the same period in the prior year, the firm earned $0.72 earnings per share. On average, equities research analysts anticipate that Hyatt Hotels Co. will post 1.85 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, September 9th. Stockholders of record on Tuesday, August 27th were given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend was Monday, August 26th. Hyatt Hotels’s dividend payout ratio (DPR) is 38.38%.

A number of brokerages have weighed in on H. ValuEngine downgraded shares of Hyatt Hotels from a “buy” rating to a “hold” rating in a report on Saturday, August 31st. Credit Suisse Group raised shares of Hyatt Hotels to an “outperform” rating in a research note on Monday, August 19th. BMO Capital Markets reaffirmed a “hold” rating and set a $25.00 price objective on shares of Hyatt Hotels in a research note on Monday. Raymond James reaffirmed a “hold” rating on shares of Hyatt Hotels in a research note on Monday, August 12th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Hyatt Hotels from $78.00 to $73.00 and set a “neutral” rating for the company in a research note on Friday, September 6th. Fifteen equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Hyatt Hotels has a consensus rating of “Hold” and an average price target of $74.01.

In other news, insider David Udell sold 4,337 shares of the stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $72.06, for a total value of $312,524.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider H. Charles Floyd sold 6,500 shares of the stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $78.00, for a total transaction of $507,000.00. Following the completion of the sale, the insider now directly owns 41,475 shares of the company’s stock, valued at $3,235,050. The disclosure for this sale can be found here. 24.70% of the stock is owned by corporate insiders.

Hyatt Hotels Company 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 through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

Further Reading: Front-End Load

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

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