Xponance Inc. Has $1.15 Million Stock Position in Hyatt Hotels Co. (NYSE:H)

Xponance Inc. increased its position in shares of Hyatt Hotels Co. (NYSE:H) by 3.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,534 shares of the company’s stock after acquiring an additional 247 shares during the quarter. Xponance Inc.’s holdings in Hyatt Hotels were worth $1,145,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of H. Vanguard Group Inc. increased its stake in shares of Hyatt Hotels by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 4,221,373 shares of the company’s stock valued at $550,509,000 after purchasing an additional 144,356 shares during the last quarter. Principal Financial Group Inc. raised its stake in Hyatt Hotels by 6.5% during the second quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company’s stock worth $401,827,000 after acquiring an additional 162,562 shares in the last quarter. Fiera Capital Corp lifted its holdings in shares of Hyatt Hotels by 1.2% in the second quarter. Fiera Capital Corp now owns 574,045 shares of the company’s stock worth $87,209,000 after acquiring an additional 6,896 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Hyatt Hotels by 10.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 485,952 shares of the company’s stock valued at $73,822,000 after purchasing an additional 46,574 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Hyatt Hotels by 4.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 469,791 shares of the company’s stock valued at $71,371,000 after purchasing an additional 20,997 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the transaction, the insider now owns 623,556 shares in the company, valued at $93,389,982.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 23.50% of the stock is currently owned by company insiders.

Hyatt Hotels Price Performance

Shares of NYSE H opened at $158.35 on Friday. The company has a market capitalization of $16.02 billion, a PE ratio of 24.59 and a beta of 1.50. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.70. Hyatt Hotels Co. has a twelve month low of $96.77 and a twelve month high of $162.24. The firm has a fifty day simple moving average of $146.19 and a 200 day simple moving average of $149.73.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Tuesday, August 6th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.58. Hyatt Hotels had a return on equity of 10.25% and a net margin of 14.55%. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period in the previous year, the business earned $0.82 EPS. On average, sell-side analysts forecast that Hyatt Hotels Co. will post 3.95 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 27th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Tuesday, August 27th. Hyatt Hotels’s dividend payout ratio (DPR) is 9.32%.

Analysts Set New Price Targets

Several equities analysts recently commented on H shares. Susquehanna dropped their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a research note on Wednesday, August 14th. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. Morgan Stanley reduced their price objective on Hyatt Hotels from $161.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 7th. Sanford C. Bernstein dropped their target price on Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Finally, Barclays lifted their price target on Hyatt Hotels from $146.00 to $151.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 4th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $148.21.

Hyatt Hotels Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.