Shares of Hyatt Hotels Corporation (NYSE:H) have been given an average rating of “Hold” by the fifteen research firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $59.63.

H has been the subject of several analyst reports. Robert W. Baird reissued a “buy” rating and issued a $68.00 price target on shares of Hyatt Hotels Corporation in a research note on Friday, September 8th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $61.00 price target on shares of Hyatt Hotels Corporation in a research note on Tuesday, October 17th. Deutsche Bank AG reissued a “hold” rating and issued a $60.00 price target (up previously from $59.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Wolfe Research raised shares of Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. Finally, FBR & Co reissued an “outperform” rating and issued a $66.00 price target (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th.

Shares of Hyatt Hotels Corporation (H) traded up 0.31% during mid-day trading on Thursday, reaching $61.92. 17,277 shares of the company’s stock traded hands. The company’s 50-day moving average price is $61.07 and its 200-day moving average price is $57.90. Hyatt Hotels Corporation has a 12-month low of $48.47 and a 12-month high of $62.37. The stock has a market capitalization of $7.74 billion, a PE ratio of 31.05 and a beta of 1.24.

Hyatt Hotels Corporation (NYSE:H) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.17. Hyatt Hotels Corporation had a net margin of 5.71% and a return on equity of 6.78%. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the prior year, the company posted $0.64 EPS. Analysts anticipate that Hyatt Hotels Corporation will post $1.59 earnings per share for the current year.

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In other Hyatt Hotels Corporation news, Director Richard A. Friedman sold 8,654,050 shares of the stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $57.58, for a total transaction of $498,300,199.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Don G.C. Trust #8 sold 42,146 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $59.55, for a total transaction of $2,509,794.30. Following the sale, the insider now owns 42,146 shares in the company, valued at $2,509,794.30. The disclosure for this sale can be found here. Insiders have sold a total of 8,938,681 shares of company stock valued at $515,694,337 in the last ninety days. 27.51% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently added to or reduced their stakes in H. UBS Asset Management Americas Inc. raised its holdings in shares of Hyatt Hotels Corporation by 23.6% in the 1st quarter. UBS Asset Management Americas Inc. now owns 5,070 shares of the company’s stock valued at $274,000 after purchasing an additional 967 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Hyatt Hotels Corporation by 14.4% in the 1st quarter. Principal Financial Group Inc. now owns 7,956 shares of the company’s stock valued at $429,000 after purchasing an additional 1,002 shares in the last quarter. Teachers Advisors LLC raised its holdings in shares of Hyatt Hotels Corporation by 18.4% in the 1st quarter. Teachers Advisors LLC now owns 36,746 shares of the company’s stock valued at $1,984,000 after purchasing an additional 5,700 shares in the last quarter. TIAA CREF Investment Management LLC raised its holdings in shares of Hyatt Hotels Corporation by 191.6% in the 1st quarter. TIAA CREF Investment Management LLC now owns 179,813 shares of the company’s stock valued at $9,706,000 after purchasing an additional 118,146 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Hyatt Hotels Corporation by 194.2% in the 1st quarter. Legal & General Group Plc now owns 10,805 shares of the company’s stock valued at $583,000 after purchasing an additional 7,132 shares in the last quarter. Institutional investors own 31.06% of the company’s stock.

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).

Analyst Recommendations for Hyatt Hotels Corporation (NYSE:H)

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