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NewEdge Wealth Invests $2.23M in Hyatt Hotels Shares After EPS Beat

Hyatt Hotels logoHyatt Hotels
Sig1.65Sen+1.35Env0.00Soc0.00Gov0.00

NewEdge Wealth LLC bought 20,194 Hyatt Hotels shares worth about $2.23M, while other asset managers increased holdings, including Wellington Management, Veritas Asset Management, and Bank of Nova Scotia. Hyatt reported quarterly EPS of $1.12, beating the $0.91 consensus, and analysts forecast $3.55 EPS for the year; dividend payout ratio was 73.17%. Insider Peter Sears sold 10,217 shares.

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