Stonnington Group LLC Sells 5,400 Shares of Hyatt Hotels Co. (NYSE:H)

Stonnington Group LLC trimmed its position in Hyatt Hotels Co. (NYSE:H – Get Rating) by 33.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,800 shares of the company’s stock after selling 5,400 shares during the quarter. Stonnington Group LLC’s holdings in Hyatt Hotels were worth $1,061,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Heritage Wealth Management LLC bought a new stake in shares of Hyatt Hotels in the 2nd quarter valued at about $37,000. Wipfli Financial Advisors LLC bought a new position in Hyatt Hotels in the 3rd quarter valued at about $40,000. Captrust Financial Advisors raised its holdings in Hyatt Hotels by 136.4% in the 1st quarter. Captrust Financial Advisors now owns 487 shares of the company’s stock valued at $46,000 after acquiring an additional 281 shares during the period. Cutler Group LLC CA bought a new position in Hyatt Hotels in the 3rd quarter valued at about $56,000. Finally, MetLife Investment Management LLC bought a new position in Hyatt Hotels in the 1st quarter valued at about $94,000. 46.89% of the stock is owned by institutional investors.

Analyst Ratings Changes

H has been the topic of several research analyst reports. Morgan Stanley increased their price target on shares of Hyatt Hotels from $138.00 to $139.00 and gave the company an “overweight” rating in a report on Wednesday, March 1st. Redburn Partners initiated coverage on shares of Hyatt Hotels in a research report on Wednesday, November 30th. They set a “buy” rating on the stock. Truist Financial increased their target price on shares of Hyatt Hotels from $132.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 21st. TheStreet lowered shares of Hyatt Hotels from a “b-” rating to a “c” rating in a research report on Wednesday, December 21st. Finally, StockNews.com initiated coverage on shares of Hyatt Hotels in a research report on Thursday. They set a “hold” rating on the stock. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $121.57.

Hyatt Hotels Stock Performance

Shares of NYSE:H opened at $106.14 on Friday. The company’s 50 day simple moving average is $111.21 and its 200 day simple moving average is $97.81. The stock has a market capitalization of $11.28 billion, a price-to-earnings ratio of 25.76 and a beta of 1.37. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.68 and a quick ratio of 0.68. Hyatt Hotels Co. has a 1 year low of $70.12 and a 1 year high of $125.07.

Hyatt Hotels (NYSE:H – Get Rating) last announced its quarterly earnings data on Thursday, February 16th. The company reported $2.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $2.23. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Hyatt Hotels had a net margin of 7.72% and a return on equity of 10.22%. The firm’s quarterly revenue was up 47.6% compared to the same quarter last year. During the same period last year, the firm posted ($2.78) earnings per share. As a group, research analysts predict that Hyatt Hotels Co. will post 2.61 EPS for the current fiscal year.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Cary D. Mcmillan sold 1,790 shares of the firm’s stock in a transaction that occurred on Friday, February 17th. The shares were sold at an average price of $113.93, for a total value of $203,934.70. The sale was disclosed in a document filed with the SEC, which is available at this link. In other news, insider H. Charles Floyd sold 33,067 shares of Hyatt Hotels stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $112.51, for a total transaction of $3,720,368.17. Following the transaction, the insider now owns 31,242 shares in the company, valued at $3,515,037.42. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Cary D. Mcmillan sold 1,790 shares of Hyatt Hotels stock in a transaction on Friday, February 17th. The stock was sold at an average price of $113.93, for a total transaction of $203,934.70. The disclosure for this sale can be found here. Insiders have sold 55,860 shares of company stock valued at $6,367,941 over the last three months. 21.24% of the stock is owned by insiders.

Hyatt Hotels Profile

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Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME/SW Asia Management and Franchising, and Apple Leisure Group. The Owned and Leased Hotels segment offers hospitality services and hotels.