Rafferty Asset Management Upped By $4.34 Million Its Discover Finl Svcs (DFS) Stake; Shorts at Hyatt Hotels (H) Lowered By 18.51%

November 14, 2017 - By Adrian Mccoy

Hyatt Hotels Corporation (NYSE:H) had a decrease of 18.51% in short interest. H’s SI was 1.44M shares in November as released by FINRA. Its down 18.51% from 1.77M shares previously. With 496,400 avg volume, 3 days are for Hyatt Hotels Corporation (NYSE:H)’s short sellers to cover H’s short positions. The SI to Hyatt Hotels Corporation’s float is 4.47%. About 524,491 shares traded. Hyatt Hotels Corporation (NYSE:H) has risen 27.49% since November 14, 2016 and is uptrending. It has outperformed by 10.79% the S&P500.

Rafferty Asset Management Llc increased Discover Finl Svcs (DFS) stake by 99.49% reported in 2017Q2 SEC filing. Rafferty Asset Management Llc acquired 69,984 shares as Discover Finl Svcs (DFS)’s stock declined 15.69%. The Rafferty Asset Management Llc holds 140,325 shares with $8.73M value, up from 70,341 last quarter. Discover Finl Svcs now has $23.30B valuation. The stock declined 1.35% or $0.88 reaching $64.12 on the news. About 844,372 shares traded. Discover Financial Services (NYSE:DFS) has risen 10.42% since November 14, 2016 and is uptrending. It has underperformed by 6.28% the S&P500.

Investors sentiment increased to 1.26 in 2017 Q2. Its up 0.33, from 0.93 in 2017Q1. It improved, as 22 investors sold Hyatt Hotels Corporation shares while 50 reduced holdings. 41 funds opened positions while 50 raised stakes. 36.82 million shares or 8.87% more from 33.83 million shares in 2017Q1 were reported. Bamco New York accumulated 1.27% or 4.44 million shares. The New York-based M&T Bancshares Corporation has invested 0% in Hyatt Hotels Corporation (NYSE:H). 15,475 are owned by Magnetar Financial. Nuveen Asset Mngmt Limited Liability Corp reported 205,646 shares or 0.07% of all its holdings. Boothbay Fund Mgmt Ltd accumulated 0.06% or 5,457 shares. Tiaa Cref Mgmt Lc holds 0% of its portfolio in Hyatt Hotels Corporation (NYSE:H) for 64,855 shares. Highfields Capital Mgmt Limited Partnership owns 1.45 million shares. Price T Rowe Assoc Inc Md has invested 0% in Hyatt Hotels Corporation (NYSE:H). Peak6 Invests Lp, a Illinois-based fund reported 11,977 shares. Hbk Ltd Partnership holds 0.01% of its portfolio in Hyatt Hotels Corporation (NYSE:H) for 13,718 shares. Alliancebernstein Ltd Partnership holds 0.01% of its portfolio in Hyatt Hotels Corporation (NYSE:H) for 146,912 shares. Neuberger Berman Gp Ltd Liability Com reported 292,055 shares or 0.02% of all its holdings. Glenhill Advisors Limited Company reported 331,272 shares. Landscape Cap Lc reported 75,969 shares. 7,500 were accumulated by Trexquant Investment Lp.

Among 22 analysts covering Hyatt Hotels (NYSE:H), 7 have Buy rating, 3 Sell and 12 Hold. Therefore 32% are positive. Hyatt Hotels had 66 analyst reports since August 5, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $61.0 target in Monday, October 23 report. Robert W. Baird maintained Hyatt Hotels Corporation (NYSE:H) rating on Thursday, September 7. Robert W. Baird has “Buy” rating and $68.0 target. The rating was downgraded by Citigroup to “Neutral” on Tuesday, December 15. The firm has “Hold” rating given on Wednesday, November 4 by Deutsche Bank. The firm earned “Underperform” rating on Wednesday, November 2 by CLSA. On Thursday, August 11 the stock rating was maintained by Citigroup with “Neutral”. On Monday, March 20 the stock rating was maintained by FBR Capital with “Outperform”. Brean Capital maintained Hyatt Hotels Corporation (NYSE:H) on Wednesday, August 5 with “Buy” rating. The firm has “Hold” rating given on Tuesday, July 19 by Stifel Nicolaus. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, January 26 report.

Hyatt Hotels Corporation is a global hospitality company. The company has market cap of $8.45 billion. The Firm develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. It has a 41.9 P/E ratio. The Firm operates through four divisions: owned and leased hotels; Americas management and franchising ; ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Investors sentiment increased to 0.91 in Q2 2017. Its up 0.12, from 0.79 in 2017Q1. It improved, as 55 investors sold DFS shares while 277 reduced holdings. 74 funds opened positions while 227 raised stakes. 310.30 million shares or 1.25% less from 314.23 million shares in 2017Q1 were reported. Epoch Prtn Incorporated reported 2.65 million shares or 0.56% of all its holdings. Clarivest Asset Mngmt Limited Co invested 0% in Discover Financial Services (NYSE:DFS). Williams Jones & Associates Ltd Liability Corporation stated it has 0.05% of its portfolio in Discover Financial Services (NYSE:DFS). M&T National Bank & Trust holds 0.06% or 153,594 shares in its portfolio. Hartford Inv Mngmt Company has 0.1% invested in Discover Financial Services (NYSE:DFS). Profit Inv Management Lc stated it has 0.58% in Discover Financial Services (NYSE:DFS). Fifth Third Bancshares, Ohio-based fund reported 342,132 shares. Regentatlantic Cap Ltd Liability invested 0.23% in Discover Financial Services (NYSE:DFS). Moreover, State Treasurer State Of Michigan has 0.06% invested in Discover Financial Services (NYSE:DFS) for 124,943 shares. Moreover, Steinberg Asset has 0.08% invested in Discover Financial Services (NYSE:DFS) for 8,441 shares. M Securities Inc reported 4,001 shares. Farmers Merchants Invests holds 81 shares or 0% of its portfolio. 1,170 are owned by Tompkins. Ubs Asset Americas has invested 0% in Discover Financial Services (NYSE:DFS). 49,243 are held by Btc Cap Mngmt.

Rafferty Asset Management Llc decreased Eaton Vance Corp (NYSE:EV) stake by 22,145 shares to 16,393 valued at $776,000 in 2017Q2. It also reduced Range Res Corp (NYSE:RRC) stake by 22,697 shares and now owns 44,427 shares. Host Hotels & Resorts Inc (NYSE:HST) was reduced too.

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