Robert W. Baird Cuts Hyatt Hotels (NYSE:H) Price Target to $156.00

Hyatt Hotels (NYSE:H) had its price target lowered by Robert W. Baird from $158.00 to $156.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

H has been the topic of a number of other research reports. The Goldman Sachs Group increased their price objective on shares of Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Mizuho lowered their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Hsbc Global Res upgraded shares of Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Finally, Jefferies Financial Group increased their price objective on shares of Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Hyatt Hotels has a consensus rating of “Hold” and a consensus price target of $162.29.

Hyatt Hotels Price Performance

H stock opened at $140.20 on Wednesday. The stock has a market capitalization of $13.46 billion, a PE ratio of 11.27 and a beta of 1.48. The company’s 50-day moving average is $155.26 and its 200-day moving average is $152.48. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. Hyatt Hotels has a 1 year low of $128.91 and a 1 year high of $168.20.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data 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). The company 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 last year, the company earned $0.64 EPS. Equities research analysts expect that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.43%. Hyatt Hotels’s payout ratio is currently 4.82%.

Insider Buying and Selling

In related news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the transaction, the insider now directly owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of H. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels in the 4th quarter valued at $26,000. Versant Capital Management Inc boosted 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 valued at $32,000 after purchasing an additional 175 shares during the period. UMB Bank n.a. boosted its holdings 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 purchasing an additional 104 shares during the period. Blue Trust Inc. boosted its holdings in Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after purchasing an additional 213 shares during the period. Finally, iA Global Asset Management Inc. bought a new position in Hyatt Hotels in the 3rd quarter valued at $51,000. 73.54% of the stock is owned by 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.