State of Wisconsin Investment Board Buys 240 Shares of Hyatt Hotels Corporation (H)

State of Wisconsin Investment Board grew its stake in Hyatt Hotels Corporation (NYSE:H) by 3.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,712 shares of the company’s stock after acquiring an additional 240 shares during the quarter. State of Wisconsin Investment Board’s holdings in Hyatt Hotels Corporation were worth $377,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of H. Morgan Stanley grew its holdings in shares of Hyatt Hotels Corporation by 85.5% during the 1st quarter. Morgan Stanley now owns 2,624,726 shares of the company’s stock worth $141,682,000 after purchasing an additional 1,209,744 shares during the period. MARSHALL WACE ASIA Ltd purchased a new position in shares of Hyatt Hotels Corporation during the 1st quarter worth $37,860,000. Marshall Wace North America L.P. purchased a new position in shares of Hyatt Hotels Corporation during the 1st quarter worth $37,860,000. Vanguard Group Inc. grew its holdings in shares of Hyatt Hotels Corporation by 19.5% during the 1st quarter. Vanguard Group Inc. now owns 2,872,449 shares of the company’s stock worth $155,055,000 after purchasing an additional 469,675 shares during the period. Finally, UBS Oconnor LLC purchased a new position in shares of Hyatt Hotels Corporation during the 1st quarter worth $25,108,000. 30.68% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently weighed in on the company. FBR & Co reiterated an “outperform” rating and set a $66.00 price target (up from $63.00) on shares of Hyatt Hotels Corporation in a report on Wednesday, August 9th. Deutsche Bank AG reiterated a “hold” rating and set a $60.00 price target (up from $59.00) on shares of Hyatt Hotels Corporation in a report on Wednesday, August 9th. BidaskClub upgraded Hyatt Hotels Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 2nd. Robert W. Baird reiterated a “buy” rating and set a $68.00 price target on shares of Hyatt Hotels Corporation in a report on Friday, September 8th. Finally, Wolfe Research upgraded Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a report on Monday, July 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $58.56.

Hyatt Hotels Corporation (H) opened at 60.48 on Friday. The stock has a market capitalization of $7.56 billion, a PE ratio of 30.33 and a beta of 1.25. Hyatt Hotels Corporation has a one year low of $47.94 and a one year high of $61.07. The company’s 50-day moving average price is $57.97 and its 200-day moving average price is $56.03.

Hyatt Hotels Corporation (NYSE:H) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.17. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.20 billion. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. During the same period in the prior year, the firm posted $0.64 earnings per share. Equities research analysts predict that Hyatt Hotels Corporation will post $1.60 EPS for the current year.

In other news, Director Richard A. Friedman sold 8,654,050 shares of the company’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $57.58, for a total value of $498,300,199.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Don G.C. Trust #8 sold 42,146 shares of the company’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $59.55, for a total value of $2,509,794.30. Following the completion of the sale, the insider now directly owns 42,146 shares of the company’s stock, valued at approximately $2,509,794.30. The disclosure for this sale can be found here. Insiders have sold 8,713,219 shares of company stock valued at $501,819,287 over the last 90 days. 27.51% of the stock is currently owned by insiders.

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Hyatt Hotels Corporation Profile

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Institutional Ownership by Quarter for Hyatt Hotels Corporation (NYSE:H)

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