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

Shares of Hyatt Hotels Co. (NYSE:H) have been given an average recommendation of “Hold” by the nineteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $151.17.

Several research firms have recently weighed in on H. Macquarie reduced their target price 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. StockNews.com lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Susquehanna lifted their price target on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Wells Fargo & Company reduced 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. Finally, Barclays raised their target price on Hyatt Hotels from $122.00 to $127.00 and gave the stock an “equal weight” rating in a research note on Friday, May 2nd.

Hyatt Hotels Price Performance

Shares of NYSE:H opened at $135.30 on Wednesday. Hyatt Hotels has a 1-year low of $102.43 and a 1-year 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. The stock’s fifty day simple moving average is $118.88 and its two-hundred day simple moving average is $141.20. The stock has a market cap of $13.01 billion, a PE ratio of 10.88 and a beta of 1.36.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $1.71 billion. During the same period in the previous year, the firm earned $0.71 EPS. As a group, analysts forecast that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.44%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels’s dividend payout ratio (DPR) is 7.79%.

Insider Activity at Hyatt Hotels

In related news, 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 transaction, the director now directly owns 37,927 shares of the company’s stock, valued at approximately $5,377,290.06. The trade was a 4.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Kinsey Wolf sold 1,000 shares of the business’s stock in a transaction dated 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 in the company, valued at $99,712.45. This represents a 55.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 377,220 shares of company stock valued at $49,921,103. 23.70% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Hyatt Hotels

Institutional investors have recently made changes to their positions in the company. Bamco Inc. NY grew its position in Hyatt Hotels by 1.2% in the 4th quarter. Bamco Inc. NY now owns 5,550,789 shares of the company’s stock valued at $871,363,000 after acquiring an additional 67,385 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Hyatt Hotels by 0.5% in the first quarter. Vanguard Group Inc. now owns 3,920,488 shares of the company’s stock worth $480,260,000 after purchasing an additional 21,190 shares during the last quarter. Principal Financial Group Inc. increased its stake in Hyatt Hotels by 16.4% in the 1st quarter. Principal Financial Group Inc. now owns 3,135,774 shares of the company’s stock worth $384,132,000 after buying an additional 441,417 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in Hyatt Hotels by 0.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company’s stock valued at $447,376,000 after buying an additional 9,477 shares in the last quarter. Finally, Bank of Nova Scotia lifted its holdings in Hyatt Hotels by 9.3% during the 1st quarter. Bank of Nova Scotia now owns 1,877,447 shares of the company’s stock valued at $229,987,000 after buying an additional 160,461 shares in the last quarter. Institutional investors 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.