Forsta AP Fonden has acquired a new stake in Hyatt Hotels Corporation, purchasing 18,700 shares valued at approximately $2.29 million during the first quarter. Hyatt's recent earnings report showed earnings per share of $0.68, surpassing analyst estimates, with a revenue of $1.81 billion for the quarter. The company has announced a quarterly dividend of $0.15 per share, with the upcoming payout scheduled for September 10th.\n\nOther hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. raised its stake in shares of Hyatt Hotels by 16.4% in the 1st quarter. Principal Financial Group Inc. now owns 3,135,774 shares of the company's stock valued at $384,132,000 after acquiring an additional 441,417 shares during the period. Alyeska Investment Group L.P. purchased a new position in shares of Hyatt Hotels in the 4th quarter valued at $43,953,000. Deutsche Bank AG raised its stake in shares of Hyatt Hotels by 209.8% in the 4th quarter. Deutsche Bank AG now owns 255,563 shares of the company's stock valued at $40,118,000 after acquiring an additional 173,075 shares during the period. Bank of Nova Scotia raised its stake in shares of Hyatt Hotels by 9.3% in the 1st quarter. Bank of Nova Scotia now owns 1,877,447 shares of the company's stock valued at $229,987,000 after acquiring an additional 160,461 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Hyatt Hotels by 8,136.3% in the 1st quarter. GAMMA Investing LLC now owns 86,975 shares of the company's stock valued at $106,540,000 after acquiring an additional 85,919 shares during the period. Institutional investors and hedge funds own 73.54% of the company's stock.\n\nIn other Hyatt Hotels news, major shareholder Hotels Corp Hyatt acquired 996,587 shares of the stock in a transaction that occurred on Friday, June 13th. The stock was acquired at an average price of $13.50 per share, with a total value of $13,453,924.50. Following the transaction, the insider directly owned 117,077,441 shares in the company, valued at approximately $1,580,545,453.50. This represents a 0.86% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through . Also, Director sold 1,600 shares of the business's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $135.00, for a total transaction of $216,000.00. Following the sale, the director directly owned 37,825 shares of the company's stock, valued at approximately $5,106,375. This represents a 4.06% decrease in their position. The disclosure for this sale can be found . Insiders sold 6,491 shares of company stock worth $870,211 in the last quarter. 23.70% of the stock is currently owned by corporate insiders.\n\nShares of Hyatt Hotels opened at $140.66 on Wednesday. The firm has a market cap of $13.43 billion, a PE ratio of 33.41, a price-to-earnings-growth ratio of 2.29 and a beta of 1.46. The firm's 50-day simple moving average is $140.72 and its 200-day simple moving average is $133.88. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.98 and a current ratio of 0.70. Hyatt Hotels Corporation has a 1 year low of $102.43 and a 1 year high of $168.20.\n\nHyatt Hotels (H) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. Hyatt Hotels had a net margin of 6.39% and a return on equity of 6.54%. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.74 billion. During the same quarter in the prior year, the firm earned $1.53 EPS. Equities analysts forecast that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.\n\nThe firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Wednesday, August 27th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, August 27th. Hyatt Hotels's dividend payout ratio is currently 14.25%.\n\nWall Street Analysts Forecast Growth H has been the topic of a number of research reports. Raymond James Financial raised shares of Hyatt Hotels from a 'market perform' rating to a 'strong-buy' rating and set a $165.00 target price on the stock in a research note on Tuesday, July 1st. Robert W. Baird upped their price objective on shares of Hyatt Hotels from $148.00 to $150.00 and gave the company a 'neutral' rating in a research report on Monday, July 28th. Macquarie decreased their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an 'outperform' rating for the company in a research report on Friday, May 2nd. Barclays decreased their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set an 'equal weight' rating for the company in a research report on Friday, August 8th. Finally, Morgan Stanley decreased their price objective on shares of Hyatt Hotels from $127.00 to $112.00 and set an 'equal weight' rating for the company in a research report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of 'Moderate Buy' and a consensus price target of $152.26.\n\nHyatt 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.

Forsta AP Fonden Purchases Shares of Hyatt Hotels Corporation

Forsta AP Fonden acquired 18,700 shares of Hyatt Hotels Corporation valued at approximately $2.29 million during the first quarter. Hyatt Hotels reported earnings per share of $0.68, exceeding analyst estimates, with revenue of $1.81 billion for the quarter. The company announced a quarterly dividend of $0.15 per share, payable on September 10th. Other hedge funds including Principal Financial Group, Alyeska Investment Group, Deutsche Bank, Bank of Nova Scotia, and GAMMA Investing LLC also adjusted their holdings in the company. Major shareholder Hotels Corp Hyatt acquired 996,587 shares at $13.50 per share, increasing its ownership by 0.86%. A director sold 1,600 shares at $135.00, reducing their position by 4.06%. Hyatt has a market cap of $13.43 billion, a PE ratio of 33.41, and a dividend yield of 0.4%. Wall Street analysts have issued varied ratings, with Raymond James upgrading to 'strong-buy' and a $165.00 target price, while Morgan Stanley downgraded its price target to $112.00. The company operates globally in hospitality through owned, leased, franchised, and managed properties.