Hedeker Wealth LLC Purchases 5,554 Shares of Hyatt Hotels Co. (NYSE:H)

Hedeker Wealth LLC boosted its position in Hyatt Hotels Co. (NYSE:H) by 54.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,777 shares of the company’s stock after acquiring an additional 5,554 shares during the period. Hedeker Wealth LLC’s holdings in Hyatt Hotels were worth $2,477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bleakley Financial Group LLC bought a new position in shares of Hyatt Hotels in the fourth quarter valued at approximately $214,000. Retirement Systems of Alabama lifted its holdings in shares of Hyatt Hotels by 9.0% in the fourth quarter. Retirement Systems of Alabama now owns 124,884 shares of the company’s stock valued at $19,604,000 after purchasing an additional 10,271 shares in the last quarter. Hunter Associates Investment Management LLC lifted its holdings in shares of Hyatt Hotels by 4.2% in the fourth quarter. Hunter Associates Investment Management LLC now owns 17,795 shares of the company’s stock valued at $2,791,000 after purchasing an additional 718 shares in the last quarter. Mediolanum International Funds Ltd bought a new position in shares of Hyatt Hotels in the fourth quarter valued at approximately $324,000. Finally, New England Research & Management Inc. lifted its holdings in shares of Hyatt Hotels by 36.0% in the fourth quarter. New England Research & Management Inc. now owns 12,275 shares of the company’s stock valued at $1,927,000 after purchasing an additional 3,250 shares in the last quarter. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Stock Performance

H stock opened at $166.52 on Friday. The stock’s 50 day simple moving average is $157.28 and its 200 day simple moving average is $152.22. The stock has a market capitalization of $15.99 billion, a PE ratio of 12.55 and a beta of 1.48. 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 12-month low of $125.44 and a 12-month high of $168.20.

Analyst Upgrades and Downgrades

A number of analysts recently commented on H shares. Jefferies Financial Group increased their price target on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. HSBC downgraded Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target for the company. in a research report on Friday, November 1st. Bank of America increased their price target on Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Truist Financial decreased their price target on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, Mizuho decreased their price target on Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating for the company in a research report on Monday, November 4th. Fourteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $156.38.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the transaction, the insider now owns 5,798 shares of the company’s stock, valued at $927,622.02. This represents a 39.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 23.50% of the stock is currently owned by company insiders.

About Hyatt Hotels

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.