Virtu KCG Holdings LLC acquired a new stake in Hyatt Hotels Corporation (NYSE:H) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 14,367 shares of the company’s stock, valued at approximately $808,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its stake in Hyatt Hotels Corporation by 1.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,962 shares of the company’s stock valued at $447,000 after acquiring an additional 84 shares during the period. Amalgamated Bank raised its stake in Hyatt Hotels Corporation by 2.0% in the 1st quarter. Amalgamated Bank now owns 4,686 shares of the company’s stock valued at $253,000 after acquiring an additional 91 shares during the period. Utah Retirement Systems raised its stake in Hyatt Hotels Corporation by 1.7% in the 2nd quarter. Utah Retirement Systems now owns 6,086 shares of the company’s stock valued at $342,000 after acquiring an additional 100 shares during the period. State of Wisconsin Investment Board raised its stake in Hyatt Hotels Corporation by 3.7% in the 2nd quarter. State of Wisconsin Investment Board now owns 6,712 shares of the company’s stock valued at $377,000 after acquiring an additional 240 shares during the period. Finally, Quantitative Systematic Strategies LLC raised its stake in Hyatt Hotels Corporation by 2.2% in the 2nd quarter. Quantitative Systematic Strategies LLC now owns 17,498 shares of the company’s stock valued at $988,000 after acquiring an additional 384 shares during the period. Institutional investors and hedge funds own 30.68% of the company’s stock.

Shares of Hyatt Hotels Corporation (NYSE H) opened at 60.74 on Thursday. The stock’s 50 day moving average price is $59.48 and its 200 day moving average price is $56.98. Hyatt Hotels Corporation has a 12 month low of $47.94 and a 12 month high of $62.08. The company has a market capitalization of $7.59 billion, a PE ratio of 30.46 and a beta of 1.24.

Hyatt Hotels Corporation (NYSE:H) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.35 by $0.17. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the company earned $0.64 earnings per share. On average, analysts forecast that Hyatt Hotels Corporation will post $1.60 EPS for the current year.

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A number of equities research analysts recently issued reports on H shares. Robert W. Baird restated a “buy” rating and issued a $68.00 price objective on shares of Hyatt Hotels Corporation in a research note on Friday, September 8th. Deutsche Bank AG restated a “hold” rating and issued a $60.00 price objective (up from $59.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Wolfe Research upgraded Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. FBR & Co restated an “outperform” rating and issued a $66.00 price objective (up from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Finally, BidaskClub cut Hyatt Hotels Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company. Hyatt Hotels Corporation presently has an average rating of “Hold” and a consensus price target of $59.43.

In related news, insider Don G.C. Trust #8 sold 42,146 shares of Hyatt Hotels Corporation stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $59.55, for a total transaction of $2,509,794.30. Following the sale, the insider now owns 42,146 shares of the company’s stock, valued at approximately $2,509,794.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard A. Friedman sold 8,654,050 shares of Hyatt Hotels Corporation stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $57.58, for a total value of $498,300,199.00. The disclosure for this sale can be found here. Insiders have sold a total of 8,727,219 shares of company stock worth $502,679,207 in the last three months. 27.51% of the stock is owned by corporate insiders.

Hyatt Hotels Corporation Company 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).

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

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