Hyatt Hotels Co. (NYSE:H) Receives $152.88 Consensus PT from Brokerages

by · The Markets Daily

Shares of Hyatt Hotels Co. (NYSE:H – Get Free Report) have been assigned a consensus rating of “Hold” from the twenty-one analysts that are covering the stock, Marketbeat.com reports. Fourteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $152.88.

A number of analysts have recently commented on H shares. Robert W. Baird boosted their price target on Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a research report on Monday, November 4th. HSBC cut Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a research note on Friday, November 1st. Sanford C. Bernstein lowered their price target on Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Macquarie cut their price objective on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st. Finally, JPMorgan Chase & Co. lifted their target price on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday, December 13th.

Get Our Latest Analysis on H

Insider Buying and Selling at Hyatt Hotels

In related news, 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 transaction, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Several large investors have recently bought and sold shares of H. Geode Capital Management LLC increased its stake in Hyatt Hotels by 1.0% during the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after acquiring an additional 7,440 shares during the last quarter. Andra AP fonden raised its holdings in Hyatt Hotels by 51.2% during the 2nd quarter. Andra AP fonden now owns 35,400 shares of the company’s stock valued at $5,378,000 after buying an additional 11,994 shares during the period. III Capital Management purchased a new stake in Hyatt Hotels during the 2nd quarter valued at $871,000. Assetmark Inc. boosted its stake in Hyatt Hotels by 162.2% during the third quarter. Assetmark Inc. now owns 49,041 shares of the company’s stock worth $7,464,000 after buying an additional 30,339 shares during the period. Finally, Bamco Inc. NY increased its position in Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after acquiring an additional 68,608 shares during the last quarter. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Price Performance

Shares of H stock opened at $159.84 on Friday. 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 stock has a market cap of $15.35 billion, a price-to-earnings ratio of 12.05 and a beta of 1.50. The business’s fifty day moving average is $155.30 and its 200 day moving average is $150.71. Hyatt Hotels has a twelve month low of $124.40 and a twelve month high of $168.20.

Hyatt Hotels (NYSE:H – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same period last year, the business earned $0.70 EPS. Research analysts expect that Hyatt Hotels will post 3.89 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

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

Hyatt Hotels Company Profile

(Get Free Report

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.

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