Fiera Capital Corp Has $34.70 Million Stock Position in Hyatt Hotels Corporation $H

Fiera Capital Corp trimmed its position in shares of Hyatt Hotels Corporation (NYSE:H) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 248,488 shares of the company’s stock after selling 3,819 shares during the quarter. Fiera Capital Corp owned approximately 0.26% of Hyatt Hotels worth $34,701,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. SCS Capital Management LLC bought a new position in Hyatt Hotels in the 1st quarter valued at $407,000. ASR Vermogensbeheer N.V. acquired a new stake in shares of Hyatt Hotels in the first quarter valued at $1,155,000. Russell Investments Group Ltd. raised its holdings in shares of Hyatt Hotels by 12.7% in the first quarter. Russell Investments Group Ltd. now owns 27,651 shares of the company’s stock valued at $3,386,000 after buying an additional 3,117 shares during the last quarter. Long Pond Capital LP acquired a new position in Hyatt Hotels during the 1st quarter worth about $191,922,000. Finally, Sovereign Financial Group Inc. bought a new stake in Hyatt Hotels during the 2nd quarter worth about $392,000. Institutional investors own 73.54% of the company’s stock.

Insider Buying and Selling at Hyatt Hotels

In other news, insider David Udell sold 3,010 shares of Hyatt Hotels stock in a transaction on Monday, November 10th. The shares were sold at an average price of $157.00, for a total transaction of $472,570.00. Following the transaction, the insider directly owned 13,746 shares of the company’s stock, valued at $2,158,122. This trade represents a 17.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Peter Sears sold 12,394 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $155.51, for a total transaction of $1,927,390.94. Following the completion of the transaction, the insider directly owned 5,594 shares of the company’s stock, valued at $869,922.94. This trade represents a 68.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 23,586 shares of company stock worth $3,611,550. Company insiders own 23.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hyatt Hotels in a research note on Wednesday, October 8th. Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels from $155.00 to $158.00 and gave the stock a “hold” rating in a research report on Monday. Robert W. Baird increased their price objective on Hyatt Hotels from $150.00 to $154.00 and gave the company a “neutral” rating in a research report on Tuesday, October 21st. Wall Street Zen downgraded Hyatt Hotels from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 17th. Finally, Barclays upped their price target on Hyatt Hotels from $156.00 to $161.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Hyatt Hotels presently has an average rating of “Moderate Buy” and a consensus price target of $158.60.

Hyatt Hotels Trading Down 3.2%

NYSE H opened at $151.88 on Friday. Hyatt Hotels Corporation has a 12 month low of $102.43 and a 12 month high of $168.20. The stock has a 50-day simple moving average of $145.04 and a 200 day simple moving average of $139.97. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $14.50 billion, a PE ratio of 36.07, a P/E/G ratio of 2.54 and a beta of 1.43.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, November 6th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.79). The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.82 billion. Hyatt Hotels had a return on equity of 6.54% and a net margin of 6.39%.Hyatt Hotels’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the business posted $0.94 EPS. Research analysts forecast that Hyatt Hotels Corporation will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 8th. Shareholders of record on Monday, November 24th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Monday, November 24th. Hyatt Hotels’s dividend payout ratio is presently -64.52%.

About Hyatt Hotels

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.