Recent Investment Analysts’ Ratings Updates for Hyatt Hotels (H)

Posted by ABMN Staff on May 2nd, 2024

Hyatt Hotels (NYSE: H) has recently received a number of price target changes and ratings updates:

4/25/2024 – Hyatt Hotels was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
4/23/2024 – Hyatt Hotels had its price target lowered by analysts at Mizuho from $197.00 to $195.00. They now have a “buy” rating on the stock.
4/19/2024 – Hyatt Hotels had its price target lowered by analysts at Barclays PLC from $156.00 to $153.00. They now have an “equal weight” rating on the stock.
4/17/2024 – Hyatt Hotels was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
4/11/2024 – Hyatt Hotels had its price target raised by analysts at Stifel Nicolaus from $146.00 to $154.00. They now have a “hold” rating on the stock.
4/4/2024 – Hyatt Hotels was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
3/27/2024 – Hyatt Hotels was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
3/26/2024 – Hyatt Hotels is now covered by analysts at Mizuho. They set a “buy” rating and a $197.00 price target on the stock.
3/21/2024 – Hyatt Hotels had its price target raised by analysts at TD Cowen from $95.00 to $160.00. They now have a “market perform” rating on the stock.
3/19/2024 – Hyatt Hotels was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
3/14/2024 – Hyatt Hotels had its price target raised by analysts at Truist Financial Co. from $143.00 to $172.00. They now have a “buy” rating on the stock.
3/11/2024 – Hyatt Hotels was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $156.00 price target on the stock, up previously from $149.00.
3/7/2024 – Hyatt Hotels was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.

Hyatt Hotels Trading Up 0.2 %

Shares of H opened at $149.14 on Thursday. The stock has a fifty day moving average price of $153.93 and a two-hundred day moving average price of $132.68. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. Hyatt Hotels Co. has a 52-week low of $96.77 and a 52-week high of $161.50. The company has a market cap of $15.09 billion, a price-to-earnings ratio of 73.11, a PEG ratio of 21.72 and a beta of 1.49.

Hyatt Hotels (NYSE:H – Get Free Report) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.26. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the previous year, the company posted $2.55 EPS. Analysts predict that Hyatt Hotels Co. will post 3.24 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.40%. Hyatt Hotels’s payout ratio is currently 29.41%.

Insider Transactions at Hyatt Hotels

In other news, insider Traubert Foundation Pritzker sold 704,229 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total transaction of $111,247,055.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the company’s stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total value of $200,096,680.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Traubert Foundation Pritzker sold 704,229 shares of the company’s stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $157.97, for a total value of $111,247,055.13. The disclosure for this sale can be found here. Insiders sold a total of 2,073,553 shares of company stock worth $324,979,789 over the last 90 days. 23.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Hyatt Hotels

A number of institutional investors and hedge funds have recently added to or reduced their stakes in H. SG Americas Securities LLC bought a new stake in Hyatt Hotels in the third quarter valued at about $157,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in Hyatt Hotels by 21.8% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,400 shares of the company’s stock valued at $2,907,000 after acquiring an additional 4,900 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in Hyatt Hotels by 16.4% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 4,887 shares of the company’s stock valued at $518,000 after acquiring an additional 690 shares during the period. Bank of New York Mellon Corp grew its stake in Hyatt Hotels by 12.4% in the third quarter. Bank of New York Mellon Corp now owns 240,848 shares of the company’s stock valued at $25,549,000 after acquiring an additional 26,525 shares during the period. Finally, Forsta AP Fonden grew its stake in Hyatt Hotels by 2.6% in the third quarter. Forsta AP Fonden now owns 19,700 shares of the company’s stock valued at $2,090,000 after acquiring an additional 500 shares during the period. Institutional investors own 71.02% of the company’s stock.

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.