Hyatt Hotels Co. (NYSE:H) Receives Consensus Rating of “Hold” from Brokerages

Shares of Hyatt Hotels Co. (NYSE:H) have earned an average recommendation of “Hold” from the twenty-one analysts that are presently covering the company, Marketbeat reports. Fourteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $151.88.

Several brokerages have commented on H. Truist Financial lowered their price objective on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Morgan Stanley dropped their price objective on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Barclays decreased their target price on Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft upped their price target on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. Finally, StockNews.com raised Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, November 4th.

Hyatt Hotels Price Performance

Shares of NYSE H opened at $156.36 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $15.02 billion, a PE ratio of 11.79 and a beta of 1.50. The stock’s 50 day moving average price is $153.19 and its 200-day moving average price is $149.40. Hyatt Hotels has a twelve month low of $112.85 and a twelve month high of $162.24.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter in the prior year, the company earned $0.70 EPS. On average, equities analysts anticipate that Hyatt Hotels will post 3.89 EPS for the current year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Friday, November 22nd. Hyatt Hotels’s payout ratio is 4.52%.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of Hyatt Hotels stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the transaction, the insider now directly owns 623,556 shares of the company’s stock, valued at approximately $93,389,982.12. This trade represents a 7.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares of the company’s stock, valued at $927,622.02. This trade represents a 39.44 % decrease in their position. The disclosure for this sale can be found here. 23.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of H. Sei Investments Co. increased its stake in shares of Hyatt Hotels by 35.9% in the first quarter. Sei Investments Co. now owns 7,051 shares of the company’s stock worth $1,126,000 after buying an additional 1,863 shares during the period. Russell Investments Group Ltd. increased its position in shares of Hyatt Hotels by 3.3% in the first quarter. Russell Investments Group Ltd. now owns 16,149 shares of the company’s stock valued at $2,578,000 after acquiring an additional 520 shares during the period. US Bancorp DE boosted its holdings in shares of Hyatt Hotels by 3.6% during the first quarter. US Bancorp DE now owns 3,624 shares of the company’s stock worth $578,000 after purchasing an additional 127 shares during the period. O Shaughnessy Asset Management LLC grew its stake in shares of Hyatt Hotels by 1.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 6,527 shares of the company’s stock worth $1,042,000 after purchasing an additional 70 shares during the last quarter. Finally, UniSuper Management Pty Ltd increased its holdings in Hyatt Hotels by 100.0% during the 1st quarter. UniSuper Management Pty Ltd now owns 600 shares of the company’s stock valued at $96,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 71.02% of the company’s stock.

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.