Covenant Multifamily Offices Holding in Metlife Com (MET) Lifted as Share Price Declined; Hyatt Hotels (H) Shareholder Bluemar Capital Management Raised Position by $1.40 Million

February 15, 2018 - By Richard Conner

Covenant Multifamily Offices Llc increased its stake in Metlife Inc Com (MET) by 12.37% based on its latest 2017Q3 regulatory filing with the SEC. Covenant Multifamily Offices Llc bought 7,290 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 66,240 shares of the finance company at the end of 2017Q3, valued at $3.44 million, up from 58,950 at the end of the previous reported quarter. Covenant Multifamily Offices Llc who had been investing in Metlife Inc Com for a number of months, seems to be bullish on the $48.68B market cap company. The stock decreased 0.05% or $0.025 during the last trading session, reaching $46.675. About 3.91 million shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since February 15, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

David Rodriguez increased its stake in Hyatt Hotels Corp (H) by 31.4% based on its latest 2017Q3 regulatory filing with the SEC. Bluemar Capital Management Llc bought 22,953 shares as the company’s stock rose 8.35% with the market. The hedge fund run by David Rodriguez held 96,053 shares of the hotels and resorts company at the end of 2017Q3, valued at $5.94M, up from 73,100 at the end of the previous reported quarter. Bluemar Capital Management Llc who had been investing in Hyatt Hotels Corp for a number of months, seems to be bullish on the $9.52 billion market cap company. The stock decreased 0.68% or $0.55 during the last trading session, reaching $79.99. About 2.10 million shares traded or 156.61% up from the average. Hyatt Hotels Corporation (NYSE:H) has risen 27.49% since February 15, 2017 and is uptrending. It has outperformed by 10.79% the S&P500.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.05, from 0.94 in 2017Q2. It fall, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Gotham Asset Mngmt Limited Liability Corporation owns 12,233 shares. North Carolina-based Captrust Financial Advsr has invested 0.1% in MetLife, Inc. (NYSE:MET). Leuthold Grp Ltd, Minnesota-based fund reported 80,947 shares. Pinnacle Associates Limited owns 290,828 shares for 0.28% of their portfolio. Welch Forbes Limited accumulated 97,520 shares or 0.13% of the stock. Shelton Mgmt owns 86,257 shares for 0.35% of their portfolio. Spc Incorporated accumulated 5,017 shares. Bnp Paribas Asset accumulated 247,495 shares. Bowen Hanes And Com stated it has 25,595 shares or 0.06% of all its holdings. Parkwood Ltd Llc owns 3,881 shares or 0.03% of their US portfolio. Whittier Tru accumulated 72,167 shares. Eaton Vance owns 108,835 shares. Cullen Mgmt Limited Co, a New York-based fund reported 1.43M shares. Agf Investments holds 0.73% of its portfolio in MetLife, Inc. (NYSE:MET) for 1.29 million shares. Carroll Financial Associate Inc holds 2,879 shares or 0.02% of its portfolio.

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 48 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of MET in report on Tuesday, September 5 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, October 9. The stock of MetLife, Inc. (NYSE:MET) earned “Buy” rating by Wells Fargo on Monday, July 10. The firm has “Sell” rating given on Thursday, January 26 by Citigroup. The firm earned “Buy” rating on Friday, May 5 by Wells Fargo. The firm earned “Outperform” rating on Thursday, January 14 by Macquarie Research. The rating was maintained by FBR Capital on Monday, August 29 with “Outperform”. On Friday, December 9 the stock rating was downgraded by Standpoint Research to “Hold”. The rating was maintained by Wells Fargo on Wednesday, August 2 with “Buy”. As per Friday, November 3, the company rating was maintained by RBC Capital Markets.

Bluemar Capital Management Llc, which manages about $314.00M and $199.59 million US Long portfolio, decreased its stake in Total Sys Svcs Inc (NYSE:TSS) by 9,776 shares to 53,661 shares, valued at $3.52 million in 2017Q3, according to the filing. It also reduced its holding in First Hawaiian Inc by 65,846 shares in the quarter, leaving it with 109,000 shares, and cut its stake in Wideopenwest Inc.

Among 23 analysts covering Hyatt Hotels (NYSE:H), 10 have Buy rating, 3 Sell and 10 Hold. Therefore 43% are positive. Hyatt Hotels had 73 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 17 by SunTrust. SunTrust upgraded the stock to “Buy” rating in Monday, April 18 report. The firm earned “Buy” rating on Wednesday, August 5 by SunTrust. Wells Fargo upgraded Hyatt Hotels Corporation (NYSE:H) on Wednesday, February 3 to “Outperform” rating. The rating was maintained by Robert W. Baird on Thursday, November 9 with “Buy”. The firm has “Buy” rating by Robert W. Baird given on Friday, December 15. As per Friday, November 3, the company rating was maintained by Morgan Stanley. The stock of Hyatt Hotels Corporation (NYSE:H) earned “Hold” rating by Stifel Nicolaus on Thursday, February 1. On Friday, November 3 the stock rating was maintained by SunTrust with “Hold”. The firm has “Neutral” rating given on Wednesday, April 26 by Guggenheim.

Investors sentiment increased to 1.8 in 2017 Q3. Its up 0.54, from 1.26 in 2017Q2. It is positive, as 26 investors sold H shares while 34 reduced holdings. 30 funds opened positions while 78 raised stakes. 44.54 million shares or 20.95% more from 36.82 million shares in 2017Q2 were reported. Northern Tru Corp invested in 239,170 shares. Winfield holds 0% or 35 shares. Price T Rowe Md owns 0% invested in Hyatt Hotels Corporation (NYSE:H) for 15,013 shares. Royal Bankshares Of Canada has invested 0% in Hyatt Hotels Corporation (NYSE:H). Natixis has invested 0.2% in Hyatt Hotels Corporation (NYSE:H). 1.02M are held by Bnp Paribas Arbitrage Sa. Senator Invest Group Incorporated LP has invested 2.86% in Hyatt Hotels Corporation (NYSE:H). 4.46M are owned by Bamco Ny. Metropolitan Life New York holds 0% or 1,389 shares. Clearbridge Invs Limited Liability stated it has 0% in Hyatt Hotels Corporation (NYSE:H). D E Shaw & Co Inc holds 0.06% in Hyatt Hotels Corporation (NYSE:H) or 586,406 shares. Prospector Ptnrs Lc reported 50,865 shares stake. Cubist Systematic Strategies Ltd Liability has invested 0.03% in Hyatt Hotels Corporation (NYSE:H). 6,626 were reported by Jefferies Limited Liability Corporation. Vanguard Group Inc Inc accumulated 3.75 million shares.

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