Analysts Set Hyatt Hotels Co. (NYSE:H) PT at $151.57

Hyatt Hotels Co. (NYSE:H) has been given an average recommendation of “Hold” by the twenty-one ratings firms that are presently covering the company, Marketbeat Ratings reports. Fourteen investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $151.88.

Several equities research analysts recently weighed in on the company. Cfra set a $155.00 price target on Hyatt Hotels in a research report on Thursday, October 17th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a report on Friday, November 1st. Truist Financial decreased their price target on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Wells Fargo & Company dropped their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Finally, StockNews.com raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday, November 4th.

Insider Activity

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

Institutional Investors Weigh In On Hyatt Hotels

A number of hedge funds have recently modified their holdings of H. Synovus Financial Corp grew its stake in shares of Hyatt Hotels by 15.4% during the 3rd quarter. Synovus Financial Corp now owns 3,492 shares of the company’s stock valued at $531,000 after acquiring an additional 467 shares during the period. Tidal Investments LLC purchased a new position in Hyatt Hotels during the third quarter valued at approximately $273,000. World Investment Advisors LLC bought a new position in shares of Hyatt Hotels in the third quarter worth approximately $4,520,000. Sanctuary Advisors LLC increased its stake in shares of Hyatt Hotels by 30.8% in the third quarter. Sanctuary Advisors LLC now owns 5,278 shares of the company’s stock worth $825,000 after purchasing an additional 1,244 shares in the last quarter. Finally, Virtu Financial LLC bought a new stake in shares of Hyatt Hotels during the 3rd quarter valued at $1,048,000. Institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Stock Down 2.5 %

Shares of NYSE H opened at $156.36 on Wednesday. The firm has a fifty day simple moving average of $153.19 and a two-hundred day simple moving average of $149.40. Hyatt Hotels has a 12 month low of $112.85 and a 12 month high of $162.24. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $15.02 billion, a PE ratio of 11.79 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period in the prior year, the firm earned $0.70 earnings per share. Equities analysts expect that Hyatt Hotels will post 3.89 earnings per share 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 paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. Hyatt Hotels’s dividend payout ratio is presently 4.52%.

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.