Aurora Investment Managers LLC. Decreases Stock Holdings in Hyatt Hotels Co. (NYSE:H)

Aurora Investment Managers LLC. cut its stake in Hyatt Hotels Co. (NYSE:H) by 1.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,179 shares of the company’s stock after selling 190 shares during the quarter. Aurora Investment Managers LLC.’s holdings in Hyatt Hotels were worth $1,755,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in H. UMB Bank n.a. increased its position in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. Artemis Investment Management LLP increased its position in shares of Hyatt Hotels by 3.8% during the 4th quarter. Artemis Investment Management LLP now owns 257,753 shares of the company’s stock valued at $40,462,000 after purchasing an additional 9,345 shares during the last quarter. Procyon Advisors LLC lifted its stake in shares of Hyatt Hotels by 5.4% in the 4th quarter. Procyon Advisors LLC now owns 3,293 shares of the company’s stock worth $517,000 after purchasing an additional 168 shares during the period. Covea Finance purchased a new position in shares of Hyatt Hotels in the fourth quarter worth approximately $1,962,000. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in Hyatt Hotels by 242.3% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,660 shares of the company’s stock valued at $261,000 after buying an additional 1,175 shares during the period. 73.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on H shares. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Morgan Stanley cut their price target on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. Hsbc Global Res raised Hyatt Hotels to a “hold” rating in a research note on Friday, November 1st. Cfra set a $155.00 price objective on Hyatt Hotels in a research note on Thursday, October 17th. Finally, Evercore ISI raised their target price on shares of Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and an average price target of $156.48.

Hyatt Hotels Stock Performance

NYSE H opened at $156.18 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. Hyatt Hotels Co. has a 1-year low of $125.44 and a 1-year high of $168.20. The business has a 50 day simple moving average of $156.86 and a two-hundred day simple moving average of $151.82. The stock has a market capitalization of $15.00 billion, a PE ratio of 11.77 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the business posted $0.70 earnings per share. On average, research analysts predict that Hyatt Hotels Co. will post 3.82 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a $0.15 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.60 annualized dividend and a yield of 0.38%. Hyatt Hotels’s dividend payout ratio is currently 4.52%.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.50% of the stock is currently owned by 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.