SG Americas Securities LLC Acquires 6,688 Shares of Hyatt Hotels Corporation $H

SG Americas Securities LLC grew its holdings in Hyatt Hotels Corporation (NYSE:H) by 331.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,703 shares of the company’s stock after purchasing an additional 6,688 shares during the quarter. SG Americas Securities LLC’s holdings in Hyatt Hotels were worth $1,235,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bamco Inc. NY raised its stake in Hyatt Hotels by 2.9% in the second quarter. Bamco Inc. NY now owns 5,955,212 shares of the company’s stock worth $831,645,000 after buying an additional 166,249 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Hyatt Hotels by 84.5% during the 2nd quarter. Bank of America Corp DE now owns 1,228,396 shares of the company’s stock worth $171,545,000 after purchasing an additional 562,611 shares during the last quarter. Alliancebernstein L.P. boosted its position in Hyatt Hotels by 19.3% during the second quarter. Alliancebernstein L.P. now owns 671,416 shares of the company’s stock valued at $93,763,000 after purchasing an additional 108,640 shares in the last quarter. GRS Advisors LLC purchased a new position in Hyatt Hotels in the second quarter valued at about $74,264,000. Finally, Rush Island Management LP raised its holdings in Hyatt Hotels by 49.0% in the second quarter. Rush Island Management LP now owns 497,517 shares of the company’s stock worth $69,478,000 after purchasing an additional 163,501 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors.

Hyatt Hotels Stock Down 1.1%

Shares of H stock opened at $167.86 on Friday. Hyatt Hotels Corporation has a fifty-two week low of $102.43 and a fifty-two week high of $174.58. The firm has a market capitalization of $15.94 billion, a PE ratio of -180.49, a P/E/G ratio of 1.88 and a beta of 1.29. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.68 and a current ratio of 0.69. The stock’s 50-day simple moving average is $161.42 and its 200-day simple moving average is $150.10.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.79). Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.82 billion. During the same quarter last year, the company posted $0.94 EPS. Hyatt Hotels’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 24th were given a dividend of $0.15 per share. The ex-dividend date was Monday, November 24th. This represents a $0.60 dividend on an annualized basis and a yield of 0.4%. Hyatt Hotels’s payout ratio is currently -64.52%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on H shares. Sanford C. Bernstein restated an “outperform” rating and issued a $188.00 price target on shares of Hyatt Hotels in a report on Friday, January 2nd. JPMorgan Chase & Co. started coverage on shares of Hyatt Hotels in a research report on Monday, November 24th. They set an “overweight” rating and a $178.00 target price for the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hyatt Hotels in a report on Monday, December 29th. Wells Fargo & Company started coverage on Hyatt Hotels in a research report on Tuesday, November 18th. They set an “equal weight” rating and a $154.00 price target on the stock. Finally, Truist Financial raised their price objective on Hyatt Hotels from $159.00 to $168.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $171.13.

Key Headlines Impacting Hyatt Hotels

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: Morgan Stanley raised its price target to $194 and reiterated an “overweight” stance, signaling meaningful upside vs. current levels. This upgrade supports the bullish case that Hyatt’s longer-term growth and margin recovery could re-rate the shares. Article Title
• Positive Sentiment: The Goldman Sachs team started coverage with a “buy” and a $198 price target, adding another influential buy-side voice that may drive renewed interest from institutional investors. Article Title
• Positive Sentiment: Mizuho published a bullish forecast for Hyatt, reinforcing a narrative of price appreciation among some brokerage firms and contributing to demand for the shares. Article Title
• Positive Sentiment: Brand and loyalty initiatives: Hyatt is expanding its consumer-facing push — new leadership, brands and markets highlighted in Forbes — and inked a World of Hyatt sponsorship/loyalty tie-up with the new Audi Revolut F1 team, which could boost global loyalty engagement and premium customer acquisition over time. Article Title Audi F1 Sponsorship Hyatt F1 Loyalty Deal
• Neutral Sentiment: Barclays trimmed its target slightly (from $200 to $198) but kept an “overweight” rating — a modest revision that keeps consensus sentiment positive but is not a major directional change. Article Title
• Negative Sentiment: Operational/earnings pressure remains: Hyatt’s most recent quarterly release showed a sizable EPS miss (reported loss vs. expectations) and revenue below Street estimates, which keeps near-term sentiment cautious and helps explain the share price pullback despite upbeat analyst notes. (Company earnings release, Nov. 6).

Insider Buying and Selling at Hyatt Hotels

In other news, insider David Udell sold 4,300 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $166.00, for a total value of $713,800.00. Following the sale, the insider owned 13,746 shares in the company, valued at $2,281,836. This represents a 23.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Javier Aguila sold 9,548 shares of Hyatt Hotels stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $165.87, for a total value of $1,583,726.76. Following the transaction, the insider owned 2,684 shares of the company’s stock, valued at approximately $445,195.08. This represents a 78.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 33,383 shares of company stock valued at $5,321,682. 23.70% of the stock is owned by insiders.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.