Flynn Zito Capital Management LLC Grows Position in Hyatt Hotels Co. (NYSE:H)

Flynn Zito Capital Management LLC grew its position in shares of Hyatt Hotels Co. (NYSE:H) by 10.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,691 shares of the company’s stock after buying an additional 161 shares during the period. Flynn Zito Capital Management LLC’s holdings in Hyatt Hotels were worth $265,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Versant Capital Management Inc increased its holdings in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares in the last quarter. UMB Bank n.a. grew its position in shares of Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares during the period. Blue Trust Inc. increased its stake in shares of Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after purchasing an additional 213 shares in the last quarter. iA Global Asset Management Inc. acquired a new position in Hyatt Hotels in the 3rd quarter worth about $51,000. Finally, Venturi Wealth Management LLC boosted its position in Hyatt Hotels by 750.0% during the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after purchasing an additional 300 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Hyatt Hotels Trading Up 1.0 %

Shares of H stock opened at $139.91 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a twelve month low of $128.91 and a twelve month high of $168.20. The company’s 50-day moving average price is $154.22 and its 200-day moving average price is $152.75. The stock has a market cap of $13.45 billion, a price-to-earnings ratio of 11.25 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations 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 last year, the company earned $0.64 EPS. As a group, equities analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.43%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on H. HSBC cut Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a research report on Friday, November 1st. Susquehanna upped their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Tuesday. Barclays dropped their target price on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. JPMorgan Chase & Co. upped their price target on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Finally, Wells Fargo & Company lowered their price objective on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $162.55.

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.