Amalgamated Bank Buys 20,184 Shares of Hyatt Hotels Co. (NYSE:H)

Amalgamated Bank raised its stake in shares of Hyatt Hotels Co. (NYSE:H) by 186.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,000 shares of the company’s stock after purchasing an additional 20,184 shares during the quarter. Amalgamated Bank’s holdings in Hyatt Hotels were worth $4,043,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of H. GAMMA Investing LLC purchased a new position in shares of Hyatt Hotels during the fourth quarter worth approximately $59,000. Banque Cantonale Vaudoise purchased a new position in shares of Hyatt Hotels during the third quarter worth approximately $83,000. SG Americas Securities LLC purchased a new position in shares of Hyatt Hotels during the third quarter worth approximately $157,000. Gilbert & Cook Inc. raised its stake in shares of Hyatt Hotels by 10.6% during the third quarter. Gilbert & Cook Inc. now owns 1,934 shares of the company’s stock worth $205,000 after acquiring an additional 185 shares in the last quarter. Finally, HMS Capital Management LLC purchased a new position in shares of Hyatt Hotels in the fourth quarter worth $217,000. 71.02% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 75,457 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total value of $11,957,670.79. Following the completion of the transaction, the insider now owns 459,000 shares of the company’s stock, valued at approximately $72,737,730. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Hyatt Hotels news, insider Joan Bottarini sold 10,695 shares of the business’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $148.92, for a total value of $1,592,699.40. Following the completion of the transaction, the insider now owns 16,104 shares of the company’s stock, valued at approximately $2,398,207.68. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Mark Samuel Hoplamazian sold 75,457 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total value of $11,957,670.79. Following the completion of the transaction, the insider now directly owns 459,000 shares of the company’s stock, valued at approximately $72,737,730. The disclosure for this sale can be found here. Insiders have sold a total of 2,084,248 shares of company stock worth $326,572,489 in the last quarter. Corporate insiders own 23.50% of the company’s stock.

Analyst Upgrades and Downgrades

H has been the topic of several analyst reports. Mizuho decreased their target price on shares of Hyatt Hotels from $197.00 to $195.00 and set a “buy” rating on the stock in a research note on Tuesday, April 23rd. StockNews.com raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday. Robert W. Baird lifted their target price on shares of Hyatt Hotels from $116.00 to $134.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 13th. Barclays decreased their target price on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Friday, April 19th. Finally, Wells Fargo & Company lifted their target price on shares of Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Hyatt Hotels has an average rating of “Hold” and an average price target of $143.19.

Hyatt Hotels Stock Performance

Shares of H stock opened at $147.84 on Thursday. The stock has a market cap of $14.96 billion, a PE ratio of 72.47, a price-to-earnings-growth ratio of 21.47 and a beta of 1.49. The company’s fifty day moving average price is $154.47 and its 200-day moving average price is $134.38. Hyatt Hotels Co. has a 12 month low of $96.77 and a 12 month high of $161.50. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65.

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

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date was Tuesday, February 27th. Hyatt Hotels’s payout ratio is 29.41%.

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.