Analysts Set Hyatt Hotels Co. (NYSE:H) Price Target at $149.72

Shares of Hyatt Hotels Co. (NYSE:H) have earned an average rating of “Hold” from the nineteen brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $149.72.

Several brokerages have recently weighed in on H. Melius Research upgraded shares of Hyatt Hotels to a “strong-buy” rating in a report on Monday, April 21st. Truist Financial dropped their price target on shares of Hyatt Hotels from $156.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, May 30th. The Goldman Sachs Group lifted their price target on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a “sell” rating in a report on Friday, May 2nd. Macquarie lowered their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, May 2nd. Finally, Susquehanna increased their target price on Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th.

Hyatt Hotels Stock Up 0.6%

H stock opened at $134.80 on Friday. The company’s 50 day moving average is $121.56 and its two-hundred day moving average is $138.67. 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 has a twelve month low of $102.43 and a twelve month high of $168.20. The stock has a market cap of $12.87 billion, a P/E ratio of 10.84 and a beta of 1.42.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.16. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the company posted $0.71 EPS. Research analysts expect that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels’s dividend payout ratio is presently 7.79%.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $1,168,000.00. Following the completion of the transaction, the insider now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jnp 2010-Pg Trust sold 266,793 shares of the company’s stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $35,416,770.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 375,620 shares of company stock valued at $49,694,255. Company insiders own 23.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Townsquare Capital LLC increased its position in Hyatt Hotels by 3.4% during the fourth quarter. Townsquare Capital LLC now owns 2,801 shares of the company’s stock valued at $440,000 after acquiring an additional 92 shares during the last quarter. Kensington Investment Counsel LLC increased its position in shares of 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 purchasing an additional 95 shares during the last quarter. Bridges Investment Management Inc. lifted its stake in shares of Hyatt Hotels by 2.3% in the 4th quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company’s stock worth $681,000 after purchasing an additional 99 shares during the period. Arizona State Retirement System boosted its holdings in shares of Hyatt Hotels by 0.9% in the fourth quarter. Arizona State Retirement System now owns 13,050 shares of the company’s stock worth $2,049,000 after buying an additional 110 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Hyatt Hotels by 5.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 2,093 shares of the company’s stock worth $256,000 after buying an additional 110 shares during the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

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.