Atria Investments Inc Sells 452 Shares of Hyatt Hotels Co. (NYSE:H)

Atria Investments Inc trimmed its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 16.9% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,219 shares of the company’s stock after selling 452 shares during the period. Atria Investments Inc’s holdings in Hyatt Hotels were worth $338,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LRI Investments LLC acquired a new position in shares of Hyatt Hotels during the first quarter worth approximately $26,000. Summit Securities Group LLC purchased a new stake in Hyatt Hotels in the 2nd quarter valued at $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Hyatt Hotels in the 3rd quarter valued at $30,000. Blue Trust Inc. raised its position in Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after buying an additional 213 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in Hyatt Hotels by 1,107.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after buying an additional 310 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors.

Hyatt Hotels Stock Performance

NYSE H opened at $156.23 on Friday. The company’s 50 day moving average is $152.88 and its 200-day moving average is $149.34. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The firm has a market cap of $15.00 billion, a P/E ratio of 11.77 and a beta of 1.50. Hyatt Hotels Co. has a 12-month low of $112.85 and a 12-month high of $162.24.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the prior year, the firm posted $0.70 EPS. Sell-side analysts predict that Hyatt Hotels Co. will post 3.91 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the completion of the transaction, the insider now owns 623,556 shares of the company’s stock, valued at $93,389,982.12. The trade was a 7.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 23.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently commented on H. Wells Fargo & Company lowered their price target on Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating for the company in a research report on Friday, November 1st. Barclays lowered their price target on Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Morgan Stanley decreased their target price on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Hsbc Global Res raised shares of Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Finally, Susquehanna decreased their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a report on Wednesday, August 14th. Fifteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, Hyatt Hotels currently has an average rating of “Hold” and a consensus target price of $151.57.

Hyatt Hotels Company 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.