Hyatt Hotels Corporation (H) : Glenhill Advisors added new position in Hyatt Hotels Corporation during the most recent quarter end. The investment management firm now holds 766,606 shares of Hyatt Hotels Corporation which is valued at $40,346,474 , the company said in a statement filed on Aug 15, 2016 with the SEC.Hyatt Hotels Corporation makes up approximately 2.77% of Glenhill Advisors’s portfolio.
Other Hedge Funds, Including , Pentwater Capital Management Lp reduced its stake in H by selling 333,317 shares or 59.52% in the most recent quarter. The Hedge Fund company now holds 226,683 shares of H which is valued at $11,930,326. Hyatt Hotels Corporation makes up approx 0.22% of Pentwater Capital Management Lp’s portfolio. Pioneer Investment Management Inc sold out all of its stake in H during the most recent quarter. The investment firm sold 32,444 shares of H which is valued $1,707,528. Secor Capital Advisors Lp sold out all of its stake in H during the most recent quarter. The investment firm sold 10,811 shares of H which is valued $570,605.I.g. Investment Management Ltd. boosted its stake in H in the latest quarter, The investment management firm added 732 additional shares and now holds a total of 8,547 shares of Hyatt Hotels Corporation which is valued at $448,974.
Hyatt Hotels Corporation closed down -0.09 points or -0.17% at $53.39 with 2,13,566 shares getting traded on Thursday. Post opening the session at $53.58, the shares hit an intraday low of $53.04 and an intraday high of $53.99 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Hyatt Hotels Corporation reported $0.64 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Aug 2, 2016. Analyst had a consensus of $0.46.Analysts expectations of $ 1165.40.During the same quarter in the previous year, the company posted $0.28 EPS.
Many Wall Street Analysts have commented on Hyatt Hotels Corporation. Hyatt Hotels Corporation was Downgraded by Stifel to ” Hold” on Jul 19, 2016. Hyatt Hotels Corporation was Downgraded by Wells Fargo to ” Market Perform” on Jun 14, 2016. Hyatt Hotels Corporation was Downgraded by BofA/Merrill to ” Neutral” on May 19, 2016.
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.