Hyatt Hotels Corporation $H Shares Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its holdings in shares of Hyatt Hotels Corporation (NYSE:H) by 14.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,612 shares of the company’s stock after acquiring an additional 4,666 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Hyatt Hotels were worth $5,805,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of H. Signaturefd LLC lifted its holdings in shares of Hyatt Hotels by 10.8% in the 3rd quarter. Signaturefd LLC now owns 666 shares of the company’s stock worth $106,000 after acquiring an additional 65 shares during the last quarter. Versant Capital Management Inc grew its holdings in shares of Hyatt Hotels by 16.1% during the 3rd quarter. Versant Capital Management Inc now owns 475 shares of the company’s stock valued at $75,000 after purchasing an additional 66 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of Hyatt Hotels by 1.0% during the 1st quarter. Pacer Advisors Inc. now owns 6,625 shares of the company’s stock valued at $953,000 after purchasing an additional 67 shares during the last quarter. Crossmark Global Holdings Inc. raised its position in Hyatt Hotels by 2.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,215 shares of the company’s stock worth $510,000 after purchasing an additional 86 shares during the period. Finally, Raiffeisen Bank International AG raised its position in Hyatt Hotels by 140.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 171 shares of the company’s stock worth $34,000 after purchasing an additional 100 shares during the period. 73.54% of the stock is currently owned by institutional investors.

Hyatt Hotels Stock Up 3.0%

Shares of NYSE H opened at $191.20 on Wednesday. The firm’s fifty day moving average is $167.38 and its 200 day moving average is $170.55. Hyatt Hotels Corporation has a 52 week low of $137.53 and a 52 week high of $206.86. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.05. The company has a market cap of $17.86 billion, a price-to-earnings ratio of 99.07, a PEG ratio of 1.46 and a beta of 1.37.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.51. The business had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.75 billion. Hyatt Hotels had a net margin of 2.62% and a return on equity of 11.63%. The firm’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.30) EPS. On average, equities research analysts expect that Hyatt Hotels Corporation will post 3.76 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 7th. Stockholders of record on Monday, November 23rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, November 23rd. Hyatt Hotels’s dividend payout ratio is 31.09%.

Insider Transactions at Hyatt Hotels

In related news, insider Amar Lalvani sold 1,364 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $163.06, for a total transaction of $222,413.84. Following the transaction, the insider owned 4,894 shares in the company, valued at $798,015.64. The trade was a 21.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Susan D. Kronick sold 1,700 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $179.88, for a total value of $305,796.00. Following the transaction, the director directly owned 29,525 shares of the company’s stock, valued at $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.

Wall Street Analyst Weigh In

Several research firms have weighed in on H. Truist Financial boosted their price target on shares of Hyatt Hotels from $187.00 to $198.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Mizuho raised their price objective on Hyatt Hotels from $221.00 to $222.00 and gave the company an “outperform” rating in a research note on Thursday, October 8th. Weiss Ratings upgraded Hyatt Hotels from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, November 2nd. Freedom Broker lifted their price objective on Hyatt Hotels from $192.00 to $206.00 and gave the stock a “buy” rating in a report on Monday, November 2nd. Finally, Wells Fargo & Company boosted their target price on Hyatt Hotels from $184.00 to $189.00 and gave the company an “equal weight” rating in a research note on Monday, October 19th. Eleven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $200.62.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation is a global hospitality company that develops, owns, leases, manages and franchises hotels, resorts and other lodging properties. Its portfolio includes luxury, lifestyle, full-service, select-service and all-inclusive brands, including Park Hyatt, Grand Hyatt, Hyatt Regency, Hyatt Place, Andaz, Thompson Hotels and the Inclusive Collection. Hyatt properties serve guests across the Americas, Europe, Asia Pacific, the Middle East and Africa. In addition to accommodations, the company’s offerings include dining, wellness, meetings and events, residential properties and vacation ownership.