Citigroup Inc. decreased its holdings in shares of Hyatt Hotels Corporation (NYSE:H) by 61.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,864 shares of the company’s stock after selling 40,757 shares during the quarter. Citigroup Inc. owned about 0.07% of Hyatt Hotels Corporation worth $1,454,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ameriprise Financial Inc. raised its position in Hyatt Hotels Corporation by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 7,962 shares of the company’s stock valued at $447,000 after purchasing an additional 84 shares during the period. Amalgamated Bank lifted its stake in shares of Hyatt Hotels Corporation by 2.0% in the 1st quarter. Amalgamated Bank now owns 4,686 shares of the company’s stock valued at $253,000 after purchasing an additional 91 shares during the last quarter. Utah Retirement Systems lifted its stake in shares of Hyatt Hotels Corporation by 1.7% in the 2nd quarter. Utah Retirement Systems now owns 6,086 shares of the company’s stock valued at $342,000 after purchasing an additional 100 shares during the last quarter. State of Wisconsin Investment Board lifted its stake in shares of Hyatt Hotels Corporation by 3.7% in the 2nd quarter. State of Wisconsin Investment Board now owns 6,712 shares of the company’s stock valued at $377,000 after purchasing an additional 240 shares during the last quarter. Finally, Quantitative Systematic Strategies LLC lifted its stake in shares of Hyatt Hotels Corporation by 2.2% in the 2nd quarter. Quantitative Systematic Strategies LLC now owns 17,498 shares of the company’s stock valued at $988,000 after purchasing an additional 384 shares during the last quarter. 30.68% of the stock is owned by institutional investors.

Hyatt Hotels Corporation (H) opened at 60.87 on Tuesday. The stock has a 50 day moving average of $59.28 and a 200 day moving average of $56.91. The stock has a market cap of $7.61 billion, a price-to-earnings ratio of 30.53 and a beta of 1.24. Hyatt Hotels Corporation has a 1-year low of $47.94 and a 1-year high of $62.08.

Hyatt Hotels Corporation (NYSE:H) last issued its earnings results on Thursday, August 3rd. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.17. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period last year, the company posted $0.64 EPS. Equities analysts expect that Hyatt Hotels Corporation will post $1.60 earnings per share for the current year.

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A number of brokerages recently issued reports on H. Robert W. Baird reissued a “buy” rating and set a $68.00 price objective on shares of Hyatt Hotels Corporation in a research report on Friday, September 8th. Deutsche Bank AG restated a “hold” rating and issued a $60.00 price objective (up from $59.00) on shares of Hyatt Hotels Corporation in a report on Wednesday, August 9th. FBR & Co reaffirmed an “outperform” rating and issued a $66.00 target price (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research report on Wednesday, August 9th. BidaskClub raised shares of Hyatt Hotels Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. Finally, Wolfe Research raised shares of Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $59.63.

In other news, insider Rena Hozore Reiss sold 4,000 shares of Hyatt Hotels Corporation stock in a transaction dated Monday, September 25th. The stock was sold at an average price of $61.43, for a total value of $245,720.00. Following the transaction, the insider now directly owns 30,881 shares of the company’s stock, valued at approximately $1,897,019.83. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard A. Friedman sold 8,654,050 shares of Hyatt Hotels Corporation stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $57.58, for a total value of $498,300,199.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,717,219 shares of company stock valued at $502,065,007. 27.51% of the stock is owned by company insiders.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Institutional Ownership by Quarter for Hyatt Hotels Corporation (NYSE:H)

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