Hyatt Hotels Co. (NYSE:H) Insider Kinsey Wolf Sells 1,000 Shares

Hyatt Hotels Co. (NYSE:H) insider Kinsey Wolf sold 1,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were 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 directly owns 811 shares of the company’s stock, valued at approximately $99,712.45. This trade represents a 55.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hyatt Hotels Stock Down 1.4 %

Shares of NYSE H traded down $1.79 during trading hours on Thursday, hitting $123.91. The company had a trading volume of 742,296 shares, compared to its average volume of 578,209. The stock has a market capitalization of $11.91 billion, a P/E ratio of 9.96 and a beta of 1.51. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a 1-year low of $119.30 and a 1-year high of $168.20. The firm’s 50 day moving average is $146.59 and its 200-day moving average is $151.39.

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

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels’s payout ratio is presently 4.82%.

Institutional Investors Weigh In On Hyatt Hotels

Hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock valued at $114,214,000 after purchasing an additional 7,440 shares during the last quarter. TT International Asset Management LTD acquired a new stake in Hyatt Hotels during the 4th quarter valued at $5,283,000. Bamco Inc. NY lifted its holdings in Hyatt Hotels by 1.3% during the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after purchasing an additional 68,608 shares during the last quarter. Icon Wealth Advisors LLC lifted its holdings in Hyatt Hotels by 17,641.6% during the 3rd quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock valued at $20,009,000 after purchasing an additional 130,724 shares during the last quarter. Finally, World Investment Advisors LLC acquired a new stake in Hyatt Hotels during the 3rd quarter valued at $4,520,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on H. Jefferies Financial Group increased their target price on Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Evercore ISI raised Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 target price for the company in a research note on Wednesday, March 5th. Barclays lowered their target price on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Susquehanna increased their target price on Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Finally, Robert W. Baird lowered their target price on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $162.24.

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.