Analysts Set Hyatt Hotels Co. (NYSE:H) Price Target at $161.97

Hyatt Hotels Co. (NYSE:H) has been assigned a consensus rating of “Hold” from the eighteen analysts that are currently covering the firm, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $161.97.

A number of equities analysts recently commented on the stock. The Goldman Sachs Group decreased their target price on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. Susquehanna boosted their target price on Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Evercore ISI upgraded Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target on the stock in a research report on Wednesday, March 5th. Robert W. Baird lowered their price objective on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research report on Wednesday, February 19th. Finally, Morgan Stanley cut their target price on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 4th.

Insider Activity at Hyatt Hotels

In other news, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the transaction, the insider now directly owns 811 shares in the company, valued at approximately $99,712.45. This trade represents a 55.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the completion of the sale, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. This represents a 4.05 % 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 worth $1,517,798 over the last ninety days. 23.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Bernard Wealth Management Corp. bought a new position in shares of Hyatt Hotels in the fourth quarter worth approximately $26,000. Versant Capital Management Inc raised its holdings in Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 175 shares during the last quarter. UMB Bank n.a. lifted its position in Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares in the last quarter. iA Global Asset Management Inc. purchased a new stake in Hyatt Hotels during the 3rd quarter valued at $51,000. Finally, Venturi Wealth Management LLC increased its holdings in shares of Hyatt Hotels by 750.0% in the 4th 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.

Hyatt Hotels Trading Down 0.5 %

NYSE H opened at $124.65 on Tuesday. The stock’s 50-day simple moving average is $143.08 and its two-hundred day simple moving average is $150.37. Hyatt Hotels has a twelve month low of $116.13 and a twelve month high of $168.20. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The company has a market capitalization of $11.99 billion, a price-to-earnings ratio of 10.02 and a beta of 1.51.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The firm had revenue of $1.60 billion during 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 quarter in the previous year, the firm earned $0.64 EPS. Research analysts forecast that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date was Friday, February 28th. Hyatt Hotels’s payout ratio is presently 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.