Ownership Change: Madrone Ghc – Llc just Sold 55,000 shares of Hyatt Hotels Corporation (NYSE:H), be careful if you are short!

November 29, 2016 - By Adrian Mccoy

Ownership Change: Madrone Ghc   Llc just Sold 55,000 shares of Hyatt Hotels Corporation (NYSE:H), be careful if you are short!

Madrone Ghc – Llc Insider Buy

Madrone Ghc – Llc; that is an insider in Hyatt Hotels Corp, which is the latest to unload shares in the corporation. Madrone Ghc – Llc in the last few days unloaded some 55,000 shares of the company, valued around $2,930,131 USD, that is a price for each share of around $53.3. The transaction was substantial and not likely to stay a secret. Madrone Ghc – Llc currently has 6.85% of Hyatt Hotels Corp’s stock market cap with ownership of 9.02 million shares. 

Hyatt Hotels Corporation (NYSE:H) Ratings Coverage

Out of 20 analysts covering Hyatt Hotels (NYSE:H), 7 rate it a “Buy”, 5 “Sell”, while 8 “Hold”. This means 35% are positive. $68 is the highest target while $30 is the lowest. The $53.50 average target is 0.58% above today’s ($53.19) stock price. Hyatt Hotels has been the topic of 42 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by SunTrust given on Wednesday, August 5. The rating was maintained by M Partners with “Sell” on Wednesday, May 4. As per Thursday, March 17, the company rating was downgraded by Morgan Stanley. The stock has “Market Perform” rating given by Telsey Advisory Group on Friday, February 19. The firm has “Buy” rating given on Tuesday, December 8 by Berenberg. The stock has “Sell” rating given by Evercore on Wednesday, July 20. Stifel Nicolaus downgraded Hyatt Hotels Corporation (NYSE:H) on Tuesday, July 19 to “Hold” rating. The stock of Hyatt Hotels Corporation (NYSE:H) earned “Sell” rating by Goldman Sachs on Monday, January 18. The rating was maintained by Citigroup with “Neutral” on Thursday, August 11. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, November 4 report.

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.41, from 0.61 in 2016Q1. The ratio increased, as 18 funds sold all Hyatt Hotels Corporation shares owned while 62 reduced positions. 17 funds bought stakes while 32 increased positions. They now own 22.71 million shares or 9.42% less from 25.07 million shares in 2016Q1.

Commonwealth National Bank Of Aus accumulated 0.01% or 11,711 shares. Blackrock Fund reported 232,601 shares or 0% of all its holdings. Parametric Port Associates has invested 0.01% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Advisory Inc has 0.35% invested in the company for 416,868 shares. Panagora Asset Mgmt accumulated 0% or 3,494 shares. Marshall Wace Ltd Liability Partnership has invested 0.04% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Rhumbline Advisers holds 28,337 shares or 0% of its portfolio. Teton Advsrs has invested 0.27% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Raymond James Assoc has 0.01% invested in the company for 33,457 shares. The New York-based Goldman Sachs has invested 0% in Hyatt Hotels Corporation (NYSE:H). Finemark Fincl Bank And reported 91 shares or 0% of all its holdings. Tower Ltd Llc (Trc) has invested 0% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Metropolitan Life Insur reported 767 shares or 0% of all its holdings. Brave Asset Mngmt has 3,395 shares for 0.11% of their US portfolio. California State Teachers Retirement Systems reported 51,809 shares or 0.01% of all its holdings.

Insider Transactions: Since August 5, 2016, the stock had 0 buys, and 24 insider sales for $104.88 million net activity. $3.62M worth of Hyatt Hotels Corporation (NYSE:H) was sold by Penner Gregory Boyd. Madrone GHC – LLC sold 198,892 shares worth $10.61 million. Reiss Rena Hozore sold $107,000 worth of stock or 2,000 shares. On Friday, August 5 the insider Udell David sold $383,767.

About 219,636 shares traded hands. Hyatt Hotels Corporation (NYSE:H) has risen 12.75% since April 26, 2016 and is uptrending. It has outperformed by 7.49% the S&P500.

Hyatt Hotels Corporation is a global hospitality company. The company has a market cap of $6.80 billion. The Firm 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. It has a 35.96 P/E ratio. The Firm operates through four divisions: Owned and leased hotels; Americas management and franchising; Southeast Asia, China, Australia, South Korea and Japan management and franchising, and Europe, Africa, the Middle East and Southwest Asia (EAME/SW Asia) management.

According to Zacks Investment Research, “Hyatt Hotels Corporation is a global hospitality company that manages, franchises, owns and develops Hyatt branded hotels, resorts and residential and vacation ownership properties around the world. Its hotels and resorts offer business centers, car rentals, catering, weddings, fitness centers, hotel shops, lounges, meetings and events, pools, and restaurants. The company is based in Chicago, Illinois. It has hotel locations in North America, Asia, Europe, Latin America, Caribbean, Australia, New Zealand, Africa, and the Middle East. The company’s mission is to provide authentic hospitality by making a difference in the lives of the people they touch every day.”

Analysts await Hyatt Hotels Corporation (NYSE:H) to report earnings on February, 16. They expect $0.24 EPS, up 14.29% or $0.03 from last year’s $0.21 per share. H’s profit will be $30.68 million for 55.41 P/E if the $0.24 EPS becomes a reality. After $0.47 actual EPS reported by Hyatt Hotels Corporation for the previous quarter, Wall Street now forecasts -48.94% negative EPS growth.

More news for Hyatt Hotels Corporation (NYSE:H) were recently published by: Fool.com, which released: “Hyatt Hotels Corporation Boosts Profits With Help From Its High-End Properties” on November 03, 2016. Fool.com‘s article titled: “Hyatt Hotels Corporation Boosts Profits, but Lowers Its Outlook” and published on August 02, 2016 is yet another important article.

H Company Profile

Hyatt Hotels Corporation, incorporated on August 4, 2004, is a global hospitality company. The Firm 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 Firm operates through four divisions: 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.

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