Hyatt Hotels Co. (NYSE:H) Stock Holdings Lifted by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. lifted its holdings in Hyatt Hotels Co. (NYSE:H) by 16.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,578 shares of the company’s stock after buying an additional 372 shares during the quarter. Cookson Peirce & Co. Inc.’s holdings in Hyatt Hotels were worth $336,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. First Manhattan CO. LLC. acquired a new stake in shares of Hyatt Hotels in the 1st quarter worth about $25,000. Quarry LP acquired a new stake in shares of Hyatt Hotels in the 1st quarter worth about $26,000. Janiczek Wealth Management LLC increased its holdings in shares of Hyatt Hotels by 597.5% in the 3rd quarter. Janiczek Wealth Management LLC now owns 279 shares of the company’s stock worth $30,000 after acquiring an additional 239 shares during the period. UniSuper Management Pty Ltd acquired a new stake in shares of Hyatt Hotels in the 2nd quarter worth about $34,000. Finally, Money Concepts Capital Corp increased its holdings in shares of Hyatt Hotels by 335.2% in the 4th quarter. Money Concepts Capital Corp now owns 383 shares of the company’s stock worth $35,000 after acquiring an additional 295 shares during the period. 71.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on H shares. Stifel Nicolaus increased their price objective on shares of Hyatt Hotels from $146.00 to $154.00 and gave the stock a “hold” rating in a report on Thursday, April 11th. Evercore ISI reissued an “in-line” rating and set a $135.00 target price on shares of Hyatt Hotels in a research note on Monday, February 5th. Mizuho started coverage on shares of Hyatt Hotels in a research note on Tuesday, March 26th. They set a “buy” rating and a $197.00 target price on the stock. Royal Bank of Canada raised their target price on shares of Hyatt Hotels from $37.00 to $41.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 14th. Finally, Jefferies Financial Group raised their target price on shares of Hyatt Hotels from $104.00 to $127.00 and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $140.53.

Hyatt Hotels Stock Performance

Shares of H opened at $148.81 on Thursday. Hyatt Hotels Co. has a one year low of $96.77 and a one year high of $161.50. The company has a 50-day moving average of $150.66 and a two-hundred day moving average of $129.72. The stock has a market cap of $15.05 billion, a price-to-earnings ratio of 72.94, a PEG ratio of 21.36 and a beta of 1.49. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59.

Hyatt Hotels (NYSE:H) last announced its earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.38 by $0.26. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.56 billion. During the same period last year, the company posted $2.55 earnings per share. On average, equities research analysts expect that Hyatt Hotels Co. will post 3.24 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.40%. The ex-dividend date was Tuesday, February 27th. Hyatt Hotels’s dividend payout ratio is currently 29.41%.

Insider Buying and Selling

In related news, insider Traubert Foundation Pritzker sold 704,229 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $157.97, for a total transaction of $111,247,055.13. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, insider Joan Bottarini sold 4,250 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $128.72, for a total transaction of $547,060.00. Following the transaction, the insider now owns 11,301 shares of the company’s stock, valued at $1,454,664.72. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Traubert Foundation Pritzker sold 704,229 shares of the firm’s stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $157.97, for a total transaction of $111,247,055.13. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,077,803 shares of company stock worth $325,526,849. 23.50% of the stock is owned by company insiders.

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.