Hyatt Hotels Co. (NYSE:H) Given Average Rating of “Hold” by Brokerages

Shares of Hyatt Hotels Co. (NYSE:H) have been assigned a consensus rating of “Hold” from the nineteen ratings firms that are currently covering the company, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $162.55.

H has been the topic of several recent research reports. Wells Fargo & Company dropped their price target on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. The Goldman Sachs Group boosted their target price on Hyatt Hotels from $151.00 to $167.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Mizuho cut their price target on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research report on Friday, November 1st. Finally, Stifel Nicolaus upped their price objective on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research report on Tuesday, November 26th.

Institutional Trading of Hyatt Hotels

A number of institutional investors have recently bought and sold shares of H. Asset Management One Co. Ltd. lifted its holdings in shares of Hyatt Hotels by 0.4% in the third quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after purchasing an additional 66 shares in the last quarter. Townsquare Capital LLC lifted its stake in Hyatt Hotels by 3.4% in the 4th quarter. Townsquare Capital LLC now owns 2,801 shares of the company’s stock valued at $440,000 after buying an additional 92 shares in the last quarter. Kensington Investment Counsel LLC grew its holdings in Hyatt Hotels by 0.7% during the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company’s stock valued at $2,136,000 after buying an additional 95 shares during the last quarter. Bridges Investment Management Inc. increased its position in Hyatt Hotels by 2.3% during the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company’s stock worth $681,000 after buying an additional 99 shares in the last quarter. Finally, UMB Bank n.a. raised its holdings in shares of Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after acquiring an additional 104 shares during the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Hyatt Hotels Stock Performance

Shares of H opened at $139.41 on Friday. The company’s 50 day simple moving average is $153.90 and its 200-day simple moving average is $152.66. The firm has a market cap of $13.40 billion, a PE ratio of 11.21 and a beta of 1.48. Hyatt Hotels has a 12-month low of $128.91 and a 12-month high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the previous year, the business posted $0.64 earnings per share. As a group, equities analysts predict that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.43%. The ex-dividend date is Friday, February 28th. Hyatt Hotels’s payout ratio is currently 4.82%.

About Hyatt Hotels

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.