Bradley Foster & Sargent Inc. CT Reduces Position in Hyatt Hotels Co. (NYSE:H)

Bradley Foster & Sargent Inc. CT reduced its stake in Hyatt Hotels Co. (NYSE:H) by 3.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,230 shares of the company’s stock after selling 290 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Hyatt Hotels were worth $1,135,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Asset Management One Co. Ltd. grew its stake in shares of Hyatt Hotels by 0.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after purchasing an additional 66 shares during the last quarter. PFG Investments LLC boosted its stake in shares of Hyatt Hotels by 1.5% in the third quarter. PFG Investments LLC now owns 4,846 shares of the company’s stock valued at $738,000 after buying an additional 70 shares in the last quarter. Hunter Associates Investment Management LLC boosted its stake in shares of Hyatt Hotels by 0.6% in the third quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock valued at $2,601,000 after buying an additional 95 shares in the last quarter. UMB Bank n.a. boosted its stake in shares of Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after buying an additional 104 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Hyatt Hotels by 21.6% in the third quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock valued at $94,000 after buying an additional 110 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the transaction, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 23.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on H shares. Stifel Nicolaus lifted their price target on Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Morgan Stanley decreased their price target on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Wells Fargo & Company decreased their price target on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Barclays decreased their price target on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. Finally, StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, Hyatt Hotels presently has a consensus rating of “Hold” and a consensus price target of $162.29.

Hyatt Hotels Stock Performance

NYSE H opened at $140.20 on Friday. Hyatt Hotels Co. has a fifty-two week low of $128.91 and a fifty-two week high of $168.20. The stock has a market cap of $13.48 billion, a price-to-earnings ratio of 11.27 and a beta of 1.48. The business has a fifty day moving average of $155.26 and a 200-day moving average of $152.63. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same period last year, the firm earned $0.64 earnings per share. As a group, analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.43%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

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.