Mason Capital Management Lowers stake in Hyatt Hotels Corporation (H)

Hyatt Hotels Corporation (H) : Mason Capital Management reduced its stake in Hyatt Hotels Corporation by 21.82% during the most recent quarter end. The investment management company now holds a total of 567,326 shares of Hyatt Hotels Corporation which is valued at $29,858,367 after selling 158,357 shares in Hyatt Hotels Corporation , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Hyatt Hotels Corporation makes up approximately 1.84% of Mason Capital Management’s portfolio.

Other Hedge Funds, Including , Voya Investment Management reduced its stake in H by selling 2,094 shares or 20.82% in the most recent quarter. The Hedge Fund company now holds 7,963 shares of H which is valued at $419,093.Rhumbline Advisers boosted its stake in H in the latest quarter, The investment management firm added 147 additional shares and now holds a total of 28,337 shares of Hyatt Hotels Corporation which is valued at $1,491,376.Oxford Asset Management boosted its stake in H in the latest quarter, The investment management firm added 34,045 additional shares and now holds a total of 48,004 shares of Hyatt Hotels Corporation which is valued at $2,533,651. Hyatt Hotels Corporation makes up approx 0.10% of Oxford Asset Management’s portfolio.Neuberger Berman Group reduced its stake in H by selling 819,125 shares or 86.16% in the most recent quarter. The Hedge Fund company now holds 131,525 shares of H which is valued at $6,909,008. Hyatt Hotels Corporation makes up approx 0.01% of Neuberger Berman Group’s portfolio. Capital Fund Management S.a. sold out all of its stake in H during the most recent quarter. The investment firm sold 57,710 shares of H which is valued $2,906,853.

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 Company’s portfolio consists of approximately 587 properties (155265 rooms and units). The Company’s service hotels and resorts operate under five brands which include Park Hyatt Andaz Hyatt Grand Hyatt and Hyatt Regency. The Company’s 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.

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