Hyatt Hotels Co. (NYSE:H) Insider Mark R. Vondrasek Sells 10,000 Shares

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now owns 9,337 shares of the company’s stock, valued at $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hyatt Hotels Trading Down 1.8 %

NYSE H opened at $121.68 on Monday. The firm has a 50 day simple moving average of $145.42 and a 200-day simple moving average of $151.02. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. Hyatt Hotels Co. has a one year low of $116.13 and a one year high of $168.20. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 9.78 and a beta of 1.51.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. Equities research analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.49%. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Bernard Wealth Management Corp. acquired a new stake in Hyatt Hotels during the fourth quarter worth approximately $26,000. Versant Capital Management Inc raised its holdings in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after purchasing an additional 175 shares in the last quarter. UMB Bank n.a. raised its holdings in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after purchasing an additional 104 shares in the last quarter. iA Global Asset Management Inc. acquired a new stake in Hyatt Hotels during the third quarter worth approximately $51,000. Finally, Venturi Wealth Management LLC raised its holdings in Hyatt Hotels by 750.0% during the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company’s stock.

Wall Street Analysts Forecast Growth

H has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their target price on shares of Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Stifel Nicolaus increased their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a research report on Tuesday, November 26th. Macquarie reduced their target price on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. The Goldman Sachs Group reduced their target price on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a research report on Thursday, March 6th. Finally, Susquehanna increased their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Hyatt Hotels presently has a consensus rating of “Hold” and an average price target of $161.97.

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.