Hyatt (H) Shares Bought by Bamco Inc. NY

Bamco Inc. NY increased its holdings in Hyatt (NYSE:H) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,722,351 shares of the company’s stock after acquiring an additional 265,354 shares during the period. Hyatt comprises about 1.7% of Bamco Inc. NY’s holdings, making the stock its 11th largest holding. Bamco Inc. NY owned approximately 3.98% of Hyatt worth $360,126,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings in shares of Hyatt by 6.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 333,305 shares of the company’s stock valued at $20,594,000 after acquiring an additional 19,029 shares during the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of Hyatt by 6.0% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 210,461 shares of the company’s stock valued at $15,478,000 after acquiring an additional 11,945 shares during the last quarter. Acadian Asset Management LLC increased its holdings in shares of Hyatt by 134.7% during the 4th quarter. Acadian Asset Management LLC now owns 2,244 shares of the company’s stock valued at $165,000 after acquiring an additional 1,288 shares during the last quarter. State of Alaska Department of Revenue acquired a new position in shares of Hyatt during the 4th quarter valued at about $220,000. Finally, First Quadrant L P CA increased its holdings in shares of Hyatt by 3.4% during the 4th quarter. First Quadrant L P CA now owns 424,041 shares of the company’s stock valued at $31,184,000 after acquiring an additional 14,100 shares during the last quarter. 39.07% of the stock is owned by institutional investors.

Shares of NYSE:H opened at $81.07 on Friday. Hyatt has a 1-year low of $79.93 and a 1-year high of $80.82. The company has a market cap of $9.40 billion, a PE ratio of 45.54, a PEG ratio of 11.41 and a beta of 1.29. The company has a current ratio of 2.09, a quick ratio of 2.08 and a debt-to-equity ratio of 0.34.

Hyatt (NYSE:H) last announced its quarterly earnings data on Wednesday, May 2nd. The company reported $0.33 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. Hyatt had a return on equity of 4.39% and a net margin of 12.81%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the firm earned $0.68 EPS. research analysts expect that Hyatt will post 1.41 EPS for the current year.

A number of analysts have issued reports on the company. SunTrust Banks raised their target price on Hyatt to $80.00 and gave the company a “hold” rating in a report on Tuesday, February 20th. B. Riley raised their target price on Hyatt from $70.00 to $80.00 and gave the company a “neutral” rating in a report on Friday, February 16th. Morgan Stanley raised their target price on Hyatt from $82.00 to $86.00 and gave the company an “equal weight” rating in a report on Friday, May 4th. ValuEngine raised Hyatt from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. Finally, Evercore ISI raised Hyatt from an “underperform” rating to an “in-line” rating in a report on Tuesday, February 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $81.38.

In related news, insider Peter Fulton sold 4,300 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $80.10, for a total transaction of $344,430.00. Following the completion of the transaction, the insider now owns 22,066 shares in the company, valued at approximately $1,767,486.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Maryam Banikarim sold 4,992 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $80.17, for a total value of $400,208.64. Following the transaction, the insider now owns 23,840 shares of the company’s stock, valued at approximately $1,911,252.80. The disclosure for this sale can be found here. 18.40% of the stock is currently owned by company insiders.

Hyatt Profile

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

Institutional Ownership by Quarter for Hyatt (NYSE:H)

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