Amalgamated Bank Lowers Position in Hyatt Hotels Co. (NYSE:H)

Amalgamated Bank reduced its position in shares of Hyatt Hotels Co. (NYSE:H) by 5.9% in the 4th quarter, HoldingsChannel reports. The firm owned 20,190 shares of the company’s stock after selling 1,274 shares during the period. Amalgamated Bank’s holdings in Hyatt Hotels were worth $3,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in H. Creative Planning raised its stake in shares of Hyatt Hotels by 7.1% during the 3rd quarter. Creative Planning now owns 4,544 shares of the company’s stock worth $692,000 after buying an additional 300 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Hyatt Hotels by 18.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,035 shares of the company’s stock worth $310,000 after acquiring an additional 321 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in Hyatt Hotels by 7.1% in the third quarter. State of Alaska Department of Revenue now owns 5,260 shares of the company’s stock valued at $800,000 after acquiring an additional 350 shares during the period. Nisa Investment Advisors LLC boosted its position in shares of Hyatt Hotels by 21.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock worth $94,000 after purchasing an additional 110 shares in the last quarter. Finally, QRG Capital Management Inc. increased its holdings in shares of Hyatt Hotels by 7.7% in the 3rd quarter. QRG Capital Management Inc. now owns 19,080 shares of the company’s stock valued at $2,904,000 after purchasing an additional 1,368 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Wall Street Analyst Weigh In

H has been the topic of several recent analyst reports. Jefferies Financial Group upped their target price on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Susquehanna raised their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Stifel Nicolaus boosted their target price on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research report on Tuesday, November 26th. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. Finally, Barclays decreased their price objective on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $162.55.

Hyatt Hotels Trading Up 1.2 %

Shares of H opened at $140.93 on Friday. Hyatt Hotels Co. has a fifty-two week low of $128.91 and a fifty-two week high of $168.20. The company has a market capitalization of $13.55 billion, a PE ratio of 11.33 and a beta of 1.48. The stock has a fifty day moving average of $153.53 and a two-hundred day moving average of $152.83. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83.

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

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.43%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

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.