Kensington Investment Counsel LLC Has $861,000 Stock Holdings in Hyatt Hotels Corporation $H

Kensington Investment Counsel LLC trimmed its position in Hyatt Hotels Corporation (NYSE:H) by 39.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,987 shares of the company’s stock after selling 3,976 shares during the quarter. Kensington Investment Counsel LLC’s holdings in Hyatt Hotels were worth $861,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of H. Los Angeles Capital Management LLC acquired a new position in Hyatt Hotels during the fourth quarter worth approximately $26,000. Johnson Financial Group Inc. boosted its stake in shares of Hyatt Hotels by 450.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock worth $25,000 after acquiring an additional 144 shares during the period. DV Equities LLC bought a new position in shares of Hyatt Hotels during the 4th quarter worth approximately $32,000. Ares Financial Consulting LLC acquired a new position in shares of Hyatt Hotels during the 4th quarter worth approximately $34,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Hyatt Hotels by 121.4% during the 4th quarter. NewEdge Advisors LLC now owns 228 shares of the company’s stock worth $37,000 after acquiring an additional 125 shares during the last quarter. Institutional investors own 73.54% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on H shares. Wells Fargo & Company upped their price objective on shares of Hyatt Hotels from $182.00 to $186.00 and gave the company an “equal weight” rating in a report on Thursday, July 16th. JPMorgan Chase & Co. lifted their target price on shares of Hyatt Hotels from $205.00 to $215.00 and gave the stock an “overweight” rating in a report on Tuesday, July 21st. Barclays increased their price target on shares of Hyatt Hotels from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Tuesday, July 21st. Susquehanna reduced their price objective on Hyatt Hotels from $185.00 to $180.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, Mizuho upped their target price on Hyatt Hotels from $219.00 to $221.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $198.29.

Insiders Place Their Bets

In related news, insider David Udell sold 2,087 shares of the company’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $188.00, for a total transaction of $392,356.00. Following the completion of the sale, the insider directly owned 16,638 shares in the company, valued at $3,127,944. This represents a 11.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Cary D. Mcmillan sold 1,119 shares of Hyatt Hotels stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $174.96, for a total value of $195,780.24. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 23,224 shares of company stock worth $4,173,605. 23.60% of the stock is owned by company insiders.

Hyatt Hotels Trading Down 1.5%

H opened at $186.07 on Thursday. The stock has a market capitalization of $17.52 billion, a price-to-earnings ratio of -531.62 and a beta of 1.32. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 1.03. Hyatt Hotels Corporation has a twelve month low of $133.51 and a twelve month high of $206.86. The company has a 50-day simple moving average of $190.41 and a 200 day simple moving average of $170.55.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.06. Hyatt Hotels had a negative net margin of 0.48% and a positive return on equity of 6.01%. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same quarter last year, the business posted $0.46 EPS. Analysts predict that Hyatt Hotels Corporation will post 3.58 EPS for the current fiscal year.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.