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

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

Several brokerages have weighed in on H. StockNews.com downgraded Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Macquarie lowered their price objective on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. Morgan Stanley cut their price objective on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 4th. Susquehanna lifted their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Finally, Evercore ISI raised shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target for the company in a report on Wednesday, March 5th.

Insider Transactions at Hyatt Hotels

In related news, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now owns 811 shares of the company’s stock, valued at $99,712.45. This trade represents a 55.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark R. Vondrasek sold 10,000 shares of the business’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of the transaction, the insider now directly owns 9,337 shares of the company’s stock, valued at $1,090,561.60. The trade was a 51.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,600 shares of company stock valued at $1,517,798 in the last 90 days. 23.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hyatt Hotels

Several hedge funds have recently modified their holdings of H. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Hyatt Hotels by 14.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,326 shares of the company’s stock worth $365,000 after purchasing an additional 291 shares during the last quarter. Bernard Wealth Management Corp. acquired a new stake in Hyatt Hotels in the 4th quarter worth about $26,000. Toronto Dominion Bank grew its holdings in Hyatt Hotels by 5.2% in the 4th quarter. Toronto Dominion Bank now owns 6,056 shares of the company’s stock valued at $951,000 after buying an additional 301 shares during the period. DigitalBridge Group Inc. increased its stake in shares of Hyatt Hotels by 5.7% during the 4th quarter. DigitalBridge Group Inc. now owns 73,462 shares of the company’s stock valued at $11,532,000 after acquiring an additional 3,950 shares during the last quarter. Finally, Twinbeech Capital LP purchased a new position in shares of Hyatt Hotels during the 4th quarter worth about $9,341,000. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Stock Performance

Shares of H opened at $123.87 on Tuesday. The company’s 50 day simple moving average is $144.85 and its 200-day simple moving average is $150.86. Hyatt Hotels has a 12-month low of $116.13 and a 12-month high of $168.20. The firm has a market cap of $11.91 billion, a PE ratio of 9.96 and a beta of 1.51. 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 (NYSE:H) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the firm posted $0.64 earnings per share. As a group, equities analysts predict that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were given 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 of this dividend was Friday, February 28th. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

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.