Hyatt Hotels Corporation (NYSE:H) insider Stephen G. Haggerty sold 7,117 shares of Hyatt Hotels Corporation stock in a transaction dated Thursday, October 19th. The shares were sold at an average price of $61.60, for a total value of $438,407.20. Following the completion of the transaction, the insider now owns 57,326 shares of the company’s stock, valued at approximately $3,531,281.60. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Hyatt Hotels Corporation (H) traded down 0.02% during midday trading on Friday, hitting $61.85. The stock had a trading volume of 440,175 shares. Hyatt Hotels Corporation has a one year low of $47.96 and a one year high of $62.23. The stock has a 50 day moving average of $60.84 and a 200-day moving average of $57.63. The company has a market cap of $7.73 billion, a P/E ratio of 31.02 and a beta of 1.24.

Hyatt Hotels Corporation (NYSE:H) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.17. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. During the same quarter in the prior year, the business posted $0.64 earnings per share. Analysts forecast that Hyatt Hotels Corporation will post $1.60 EPS for the current fiscal year.

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Hedge funds and other institutional investors have recently made changes to their positions in the business. Amalgamated Bank raised its stake in Hyatt Hotels Corporation by 2.0% during the first quarter. Amalgamated Bank now owns 4,686 shares of the company’s stock valued at $253,000 after buying an additional 91 shares in the last quarter. BTIM Corp. raised its stake in Hyatt Hotels Corporation by 44.2% during the second quarter. BTIM Corp. now owns 57,985 shares of the company’s stock valued at $3,259,000 after buying an additional 17,785 shares in the last quarter. Credit Agricole S A acquired a new stake in Hyatt Hotels Corporation during the first quarter valued at approximately $1,809,000. Schwab Charles Investment Management Inc. raised its stake in Hyatt Hotels Corporation by 8.5% during the second quarter. Schwab Charles Investment Management Inc. now owns 145,543 shares of the company’s stock valued at $8,181,000 after buying an additional 11,424 shares in the last quarter. Finally, Gruss Capital Management LP acquired a new stake in Hyatt Hotels Corporation during the second quarter valued at approximately $8,713,000. Hedge funds and other institutional investors own 30.68% of the company’s stock.

Several equities analysts have recently issued reports on the company. SunTrust Banks, Inc. reiterated a “hold” rating and issued a $61.00 price objective on shares of Hyatt Hotels Corporation in a research note on Tuesday. FBR & Co reiterated an “outperform” rating and issued a $66.00 price objective (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Deutsche Bank AG reiterated a “hold” rating and issued a $60.00 price objective (up previously from $59.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. BidaskClub upgraded Hyatt Hotels Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, Wolfe Research upgraded Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $59.63.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Insider Buying and Selling by Quarter for Hyatt Hotels Corporation (NYSE:H)

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