Teachers Advisors LLC Trims Stake in Hyatt Hotels Co. (H)

Teachers Advisors LLC reduced its position in shares of Hyatt Hotels Co. (NYSE:H) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,267 shares of the company’s stock after selling 1,561 shares during the period. Teachers Advisors LLC owned about 0.08% of Hyatt Hotels worth $7,184,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC lifted its stake in shares of Hyatt Hotels by 3.3% in the third quarter. Hsbc Holdings PLC now owns 25,579 shares of the company’s stock worth $2,035,000 after acquiring an additional 819 shares during the period. Vident Investment Advisory LLC lifted its stake in shares of Hyatt Hotels by 33.6% in the third quarter. Vident Investment Advisory LLC now owns 3,889 shares of the company’s stock worth $310,000 after acquiring an additional 978 shares during the period. Stone Ridge Asset Management LLC lifted its stake in shares of Hyatt Hotels by 4.0% in the third quarter. Stone Ridge Asset Management LLC now owns 33,921 shares of the company’s stock worth $2,700,000 after acquiring an additional 1,300 shares during the period. MML Investors Services LLC lifted its stake in shares of Hyatt Hotels by 54.4% in the third quarter. MML Investors Services LLC now owns 4,560 shares of the company’s stock worth $363,000 after acquiring an additional 1,607 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Hyatt Hotels by 245.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the company’s stock worth $197,000 after acquiring an additional 1,760 shares during the period. Institutional investors own 36.70% of the company’s stock.

A number of research firms recently commented on H. Bank of America lowered Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $67.18 price objective on the stock. in a research note on Monday, January 7th. Zacks Investment Research raised Hyatt Hotels from a “hold” rating to a “buy” rating and set a $87.00 price target on the stock in a research note on Wednesday, September 26th. Citigroup lowered Hyatt Hotels from a “buy” rating to a “neutral” rating and dropped their price target for the company from $95.00 to $77.00 in a research note on Wednesday, December 12th. Jefferies Financial Group reissued a “hold” rating and issued a $76.00 price target on shares of Hyatt Hotels in a research note on Friday, November 2nd. Finally, Cowen assumed coverage on Hyatt Hotels in a research note on Monday, October 22nd. They issued a “market perform” rating and a $75.00 price target on the stock. Fifteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $78.86.

In other news, insider Featherman Trust sold 72,569 shares of the business’s stock in a transaction that occurred on Thursday, November 15th. The stock was sold at an average price of $68.90, for a total transaction of $5,000,004.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark R. Vondrasek sold 7,540 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The shares were sold at an average price of $71.77, for a total value of $541,145.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 82,355 shares of company stock valued at $5,687,117. Corporate insiders own 18.40% of the company’s stock.

Shares of H opened at $68.28 on Monday. The company has a market capitalization of $7.46 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 2.92 and a beta of 1.18. Hyatt Hotels Co. has a 52-week low of $63.45 and a 52-week high of $84.89. The company has a current ratio of 2.17, a quick ratio of 2.15 and a debt-to-equity ratio of 0.41.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Tuesday, October 30th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.08. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.09 billion. Hyatt Hotels had a return on equity of 4.95% and a net margin of 17.80%. During the same quarter in the previous year, the company posted $0.26 earnings per share. Equities analysts predict that Hyatt Hotels Co. will post 1.61 earnings per share for the current year.

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Hyatt Hotels 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.

Read More: Hedge Funds – How They Work For Investors

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Institutional Ownership by Quarter for Hyatt Hotels (NYSE:H)

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