Providence First Trust Co Sells 1,839 Shares of Hyatt Hotels Co. (NYSE:H)

5 March, 2025 1 category

Providence First Trust Co decreased its holdings in shares of Hyatt Hotels Co. (NYSE:H – Free Report) by 67.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 887 shares of the company’s stock after selling 1,839 shares during the period. Providence First Trust Co’s holdings in Hyatt Hotels were worth $139,000 at the end of the most recent reporting period.

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Other institutional investors and hedge funds also recently made changes to their positions in the company. Icon Wealth Advisors LLC grew its holdings in shares of Hyatt Hotels by 17,641.6% in the 3rd quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock valued at $20,009,000 after buying an additional 130,724 shares during the period. KBC Group NV grew its holdings in shares of Hyatt Hotels by 978.3% in the 4th quarter. KBC Group NV now owns 108,966 shares of the company’s stock valued at $17,106,000 after buying an additional 98,861 shares during the period. Bamco Inc. NY grew its holdings in shares of Hyatt Hotels by 1.3% in the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after buying an additional 68,608 shares during the period. Worldquant Millennium Advisors LLC grew its holdings in shares of Hyatt Hotels by 87.2% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company’s stock valued at $21,431,000 after buying an additional 65,577 shares during the period. Finally, Wellington Management Group LLP grew its holdings in shares of Hyatt Hotels by 3.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock valued at $267,192,000 after buying an additional 56,082 shares during the period. Institutional investors own 73.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on H shares. Wells Fargo & Company decreased their price target on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating for the company in a report on Tuesday, February 4th. 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 note on Thursday, January 2nd. Morgan Stanley reduced their target price on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a research note on Tuesday. Susquehanna upped their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Finally, Stifel Nicolaus upped their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hyatt Hotels currently has a consensus rating of “Hold” and an average target price of $162.08.

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Hyatt Hotels Stock Performance

Shares of H stock traded down $2.65 on Tuesday, reaching $137.24. The stock had a trading volume of 902,520 shares, compared to its average volume of 699,122. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm’s 50-day moving average is $152.75 and its two-hundred day moving average is $152.87. The firm has a market capitalization of $13.20 billion, a price-to-earnings ratio of 11.03 and a beta of 1.48. Hyatt Hotels Co. has a 12 month low of $128.91 and a 12 month high of $168.20.

Hyatt Hotels (NYSE:H – Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the previous year, the company posted $0.64 earnings per share. On average, research analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.44%. Hyatt Hotels’s payout ratio is 4.82%.

Insider Activity

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now directly owns 37,927 shares of the company’s stock, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.50% of the stock is owned by insiders.

Hyatt Hotels Company Profile

(Free Report)

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.