Hyatt Hotels Co. (NYSE:H) Stock Position Cut by Fiera Capital Corp

Fiera Capital Corp trimmed its stake in shares of Hyatt Hotels Co. (NYSE:H) by 1.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 390,620 shares of the company’s stock after selling 6,886 shares during the quarter. Fiera Capital Corp owned about 0.41% of Hyatt Hotels worth $61,320,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Icon Wealth Advisors LLC boosted its stake in Hyatt Hotels by 17,641.6% during the third 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 in the last quarter. KBC Group NV lifted its holdings in 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 acquiring an additional 98,861 shares during the last quarter. Bamco Inc. NY boosted its position in shares of Hyatt Hotels by 1.3% during the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after purchasing an additional 68,608 shares in the last quarter. Worldquant Millennium Advisors LLC grew its stake 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 worth $21,431,000 after purchasing an additional 65,577 shares during the last quarter. Finally, Wellington Management Group LLP raised 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 worth $267,192,000 after purchasing an additional 56,082 shares in the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Price Performance

H opened at $161.96 on Thursday. The stock has a fifty day moving average price of $157.53 and a 200 day moving average price of $152.49. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels Co. has a 1 year low of $125.44 and a 1 year high of $168.20. The stock has a market cap of $15.55 billion, a price-to-earnings ratio of 12.20 and a beta of 1.48.

Insider Activity

In related news, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 23.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Barclays raised their target price on shares of Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a report on Friday, December 13th. JPMorgan Chase & Co. raised their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th. Wells Fargo & Company cut their target price on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft increased their price target on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Finally, Truist Financial cut their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Fourteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $156.38.

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.