Hyatt Hotels Corporation (H) : Booth Park Capital Management added new position in Hyatt Hotels Corporation during the Fourth Quarter. The investment management firm now holds 50,000 shares of Hyatt Hotels Corporation which is valued at $2.4 Million according to most recent disclosure to SEC.Hyatt Hotels Corporation makes up approximately 6.85% of Booth Park Capital Management’s portfolio.
Other Hedge Funds, Including , Sumit Capital sold out all of its stake in H during the fourth quarter. The investment firm sold 3,678 shares of H which is valued $174,374.State Of New Jersey Common Pension Fund D reduced its stake in H by selling 88,500 shares or 58.8% during the fourth quarter. The Hedge Fund company now holds 62,000 shares of H which is valued at $2.9 Million. Hyatt Hotels Corporation makes up approx 0.01% of State Of New Jersey Common Pension Fund D’s portfolio.Norges Bank reduced its stake in H by selling 120,693 shares or 37.82% during the fourth quarter. The Hedge Fund company now holds 198,412 shares of H which is valued at $9.4 Million. Wfg Advisors Lp sold out all of its stake in H during the fourth quarter. The investment firm sold 110 shares of H which is valued $5,215.
On the company’s financial health, Hyatt Hotels Corporation reported $0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Feb 18, 2016. Analyst had a consensus of $0.24. The company had revenue of $1109.00 million for the quarter, compared to analysts expectations of $1102.36 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.
Many Wall Street Analysts have commented on Hyatt Hotels Corporation. Hyatt Hotels Corporation was Downgraded by Morgan Stanley to ” Equal-Weight” on Mar 17, 2016. Company shares were Reiterated by Telsey Advisory Group on Feb 19, 2016 to “Market Perform”, Firm has raised the Price Target to $ 49 from a previous price target of $47 .Company shares were Reiterated by Deutsche Bank on Feb 19, 2016 to “Hold”, Firm has raised the Price Target to $ 47 from a previous price target of $46 .
Hyatt Hotels Corporation opened for trading at $48.32 and hit $49.82 on the upside on Monday, eventually ending the session at $49.82, with a gain of 5.08% or 2.41 points. The heightened volatility saw the trading volume jump to 18,09,072 shares. Company has a market cap of $6,758 M.
Hyatt Hotels Corporation is a hospitality company. The Company develops owns operates manages franchises licenses or provides services to a portfolio of properties consisting of full service hotels select service hotels resorts and other properties including timeshare fractional and other forms of residential and vacation properties. The Companys portfolio consists of approximately 587 properties (155265 rooms and units). The Companys service hotels and resorts operate under five brands which include Park Hyatt Andaz Hyatt Grand Hyatt and Hyatt Regency. The Companys two select service brands are Hyatt Place and Hyatt House. The Company has four operating segments: Owned and Leased Hotels; Americas management and franchising; Southeast Asia China Australia South Korea and Japan (ASPAC) management and franchising and Europe Africa the Middle East and Southwest Asia (EAME/SW Asia) management.