Natixis Advisors LLC Buys 1,720 Shares of Hyatt Hotels Co. (NYSE:H)

Natixis Advisors LLC grew its stake in shares of Hyatt Hotels Co. (NYSE:H) by 14.0% during the 3rd quarter, Holdings Channel reports. The firm owned 13,982 shares of the company’s stock after buying an additional 1,720 shares during the period. Natixis Advisors LLC’s holdings in Hyatt Hotels were worth $2,128,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Principal Financial Group Inc. increased its holdings in Hyatt Hotels by 6.5% during the second quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company’s stock worth $401,827,000 after buying an additional 162,562 shares during the last quarter. Fiera Capital Corp increased its stake in shares of Hyatt Hotels by 1.2% during the 2nd quarter. Fiera Capital Corp now owns 574,045 shares of the company’s stock worth $87,209,000 after purchasing an additional 6,896 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Hyatt Hotels by 10.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 485,952 shares of the company’s stock valued at $73,822,000 after purchasing an additional 46,574 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Hyatt Hotels by 4.7% during the second quarter. Bank of New York Mellon Corp now owns 469,791 shares of the company’s stock worth $71,371,000 after purchasing an additional 20,997 shares during the period. Finally, Handelsbanken Fonder AB increased its position in Hyatt Hotels by 9.0% during the third quarter. Handelsbanken Fonder AB now owns 354,900 shares of the company’s stock worth $54,016,000 after buying an additional 29,300 shares during the last quarter. Institutional investors own 71.02% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Mizuho reduced their target price on Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating for the company in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a report on Friday, November 1st. HSBC downgraded shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 target price for the company. in a report on Friday, November 1st. Barclays cut their price objective on shares of Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Finally, Morgan Stanley decreased their target price on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. Fifteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $151.57.

Hyatt Hotels Stock Up 0.1 %

Shares of H opened at $156.23 on Monday. Hyatt Hotels Co. has a one year low of $112.85 and a one year high of $162.24. The firm has a 50 day simple moving average of $152.88 and a two-hundred day simple moving average of $149.34. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market cap of $15.00 billion, a P/E ratio of 11.77 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter in the previous year, the firm earned $0.70 earnings per share. Research analysts forecast that Hyatt Hotels Co. will post 3.91 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Friday, November 22nd. Hyatt Hotels’s payout ratio is 4.52%.

Insiders Place Their Bets

In related news, insider Mark Samuel Hoplamazian sold 44,219 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $148.14, for a total value of $6,550,602.66. Following the sale, the insider now directly owns 623,556 shares in the company, valued at $92,373,585.84. This represents a 6.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 23.50% of the company’s stock.

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.