Hyatt Hotels Co. (NYSE:H) Receives $155.22 Consensus PT from Analysts

Shares of Hyatt Hotels Co. (NYSE:H) have been given a consensus rating of “Hold” by the eighteen research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $155.22.

H has been the topic of a number of recent research reports. Jefferies Financial Group reduced their price objective on shares of Hyatt Hotels from $161.00 to $120.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Mizuho dropped their price objective on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Evercore ISI upgraded Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 target price on the stock in a report on Wednesday, March 5th. Macquarie lowered their price target on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Finally, Robert W. Baird reduced their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th.

Hyatt Hotels Stock Down 1.2 %

NYSE H opened at $104.66 on Friday. 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 has a 52 week low of $102.43 and a 52 week high of $168.20. The stock has a market capitalization of $10.06 billion, a P/E ratio of 8.41 and a beta of 1.35. The stock has a fifty day moving average of $125.54 and a 200-day moving average of $145.30.

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

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date was Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is currently 4.82%.

Insiders Place Their Bets

In other news, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the completion of the sale, the insider now owns 811 shares of the company’s stock, valued at approximately $99,712.45. This represents a 55.22 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Mark R. Vondrasek sold 10,000 shares of the business’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 in the company, valued at approximately $1,090,561.60. The trade was a 51.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,600 shares of company stock valued at $1,517,798 in the last three months. 23.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Hyatt Hotels

A number of institutional investors have recently bought and sold shares of the business. MML Investors Services LLC lifted its holdings in Hyatt Hotels by 5.3% during the 3rd quarter. MML Investors Services LLC now owns 5,249 shares of the company’s stock valued at $799,000 after purchasing an additional 262 shares during the last quarter. Barclays PLC grew its stake in Hyatt Hotels by 2.3% in the 3rd quarter. Barclays PLC now owns 45,648 shares of the company’s stock valued at $6,946,000 after buying an additional 1,032 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Hyatt Hotels during the third quarter worth approximately $1,048,000. Sanctuary Advisors LLC increased its stake in shares of Hyatt Hotels by 30.8% during the third quarter. Sanctuary Advisors LLC now owns 5,278 shares of the company’s stock worth $825,000 after purchasing an additional 1,244 shares during the period. Finally, World Investment Advisors LLC acquired a new stake in Hyatt Hotels during the 3rd quarter worth approximately $4,520,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Company Profile

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.