5,075 Shares of Hyatt Hotels Corporation $H Acquired by New England Research & Management Inc.

New England Research & Management Inc. bought a new position in Hyatt Hotels Corporation (NYSE:H) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 5,075 shares of the company’s stock, valued at approximately $805,000.

Other hedge funds have also bought and sold shares of the company. Delta Global Management LP bought a new stake in shares of Hyatt Hotels in the first quarter worth $2,151,000. Nilsine Partners LLC purchased a new position in Hyatt Hotels in the second quarter worth about $4,009,000. IFM Investors Pty Ltd purchased a new position in Hyatt Hotels in the first quarter worth about $1,077,000. BlueCrest Capital Management Ltd bought a new stake in shares of Hyatt Hotels during the 2nd quarter valued at about $7,829,000. Finally, Hsbc Holdings PLC grew its stake in shares of Hyatt Hotels by 598.1% during the 4th quarter. Hsbc Holdings PLC now owns 74,659 shares of the company’s stock valued at $12,005,000 after purchasing an additional 63,965 shares during the period. Hedge funds and other institutional investors own 73.54% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on H shares. Morgan Stanley upped their price target on shares of Hyatt Hotels from $209.00 to $211.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Mizuho raised their price objective on shares of Hyatt Hotels from $221.00 to $222.00 and gave the stock an “outperform” rating in a report on Thursday, October 8th. Freedom Broker initiated coverage on shares of Hyatt Hotels in a research report on Wednesday. They set a “buy” rating and a $192.00 target price for the company. JPMorgan Chase & Co. cut their target price on shares of Hyatt Hotels from $215.00 to $209.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Finally, Robert W. Baird reduced their target price on shares of Hyatt Hotels from $198.00 to $191.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. Eleven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Hyatt Hotels presently has a consensus rating of “Moderate Buy” and a consensus target price of $197.38.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Amar Lalvani sold 1,364 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $163.06, for a total transaction of $222,413.84. Following the sale, the insider owned 4,894 shares in the company, valued at approximately $798,015.64. This trade represents a 21.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan Kronick sold 1,700 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $179.88, for a total transaction of $305,796.00. Following the sale, the director owned 29,525 shares in the company, valued at approximately $5,310,957. The trade was a 5.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 23.60% of the company’s stock.

Hyatt Hotels Stock Performance

NYSE:H traded up $0.23 during mid-day trading on Friday, hitting $169.15. 1,120,524 shares of the company traded hands, compared to its average volume of 783,893. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.01. The stock’s fifty day moving average price is $166.06 and its 200-day moving average price is $173.80. The firm has a market cap of $15.94 billion, a price-to-earnings ratio of 206.28 and a beta of 1.40. Hyatt Hotels Corporation has a one year low of $134.18 and a one year high of $206.86.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, July 30th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.91 by $0.21. Hyatt Hotels had a return on equity of 7.27% and a net margin of 1.10%. The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the company earned $0.68 earnings per share. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. Research analysts anticipate that Hyatt Hotels Corporation will post 3.54 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Thursday, August 27th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, August 27th. Hyatt Hotels’s dividend payout ratio is currently 73.17%.

Hyatt Hotels Profile

Hyatt Hotels Corporation (NYSE:H) is a global hospitality company that manages, franchises, licenses and owns a portfolio of hotels, resorts and other lodging properties. Its brands span full-service, select-service, luxury, lifestyle, all-inclusive and extended-stay accommodations, serving business and leisure travelers.

The company’s portfolio includes brands such as Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, Destination by Hyatt, Hyatt Place, Hyatt House, Hyatt Centric, Caption by Hyatt and World of Hyatt.