Hyatt Hotels Co. (NYSE:H) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC reduced its position in Hyatt Hotels Co. (NYSE:H) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,000 shares of the company’s stock after selling 1,000 shares during the quarter. Calamos Advisors LLC owned about 0.09% of Hyatt Hotels worth $12,128,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. First Manhattan CO. LLC. acquired a new stake in shares of Hyatt Hotels in the 1st quarter worth $25,000. Quarry LP acquired a new stake in shares of Hyatt Hotels in the 1st quarter worth $26,000. Janiczek Wealth Management LLC grew its holdings in shares of Hyatt Hotels by 597.5% during the 3rd quarter. Janiczek Wealth Management LLC now owns 279 shares of the company’s stock worth $30,000 after purchasing an additional 239 shares during the period. UniSuper Management Pty Ltd purchased a new position in shares of Hyatt Hotels during the 2nd quarter worth $34,000. Finally, Money Concepts Capital Corp grew its holdings in shares of Hyatt Hotels by 335.2% during the 4th quarter. Money Concepts Capital Corp now owns 383 shares of the company’s stock worth $35,000 after purchasing an additional 295 shares during the period. 71.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

H has been the subject of a number of research analyst reports. Truist Financial increased their price target on Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. Redburn Atlantic cut Hyatt Hotels from a “buy” rating to a “neutral” rating and increased their price target for the stock from $120.00 to $130.00 in a report on Tuesday, January 16th. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Wednesday. Jefferies Financial Group increased their price target on Hyatt Hotels from $104.00 to $127.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Finally, Wells Fargo & Company increased their price target on Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Eleven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $142.00.

Insider Transactions at Hyatt Hotels

In other news, insider Joan Bottarini sold 4,250 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $128.72, for a total transaction of $547,060.00. Following the sale, the insider now owns 11,301 shares of the company’s stock, valued at approximately $1,454,664.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Joan Bottarini sold 4,250 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $128.72, for a total transaction of $547,060.00. Following the sale, the insider now owns 11,301 shares of the company’s stock, valued at approximately $1,454,664.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Margaret C. Egan sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $157.78, for a total value of $157,780.00. Following the sale, the insider now directly owns 20,546 shares in the company, valued at approximately $3,241,747.88. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,077,803 shares of company stock valued at $325,526,849. Corporate insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Performance

Shares of H opened at $146.34 on Friday. The stock has a 50-day simple moving average of $151.31 and a 200-day simple moving average of $130.13. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. The stock has a market capitalization of $14.81 billion, a PE ratio of 71.74, a PEG ratio of 21.09 and a beta of 1.49. Hyatt Hotels Co. has a 1 year low of $96.77 and a 1 year high of $161.50.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.26. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same quarter last year, the business posted $2.55 EPS. On average, analysts predict that Hyatt Hotels Co. will post 3.24 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.41%. The ex-dividend date was Tuesday, February 27th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 29.41%.

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.