Hyatt Hotels (NYSE:H) was upgraded by stock analysts at MKM Partners from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday.

A number of other brokerages have also commented on H. Robert W. Baird reiterated a “buy” rating and issued a $68.00 target price on shares of Hyatt Hotels in a research report on Friday, September 8th. B. Riley lowered Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $70.00 target price on the stock. in a research report on Monday, November 6th. Wells Fargo & Company upgraded Hyatt Hotels from a “market perform” rating to an “outperform” rating and set a $76.00 target price on the stock in a research report on Monday, November 6th. Deutsche Bank reiterated a “hold” rating and issued a $60.00 target price (up previously from $59.00) on shares of Hyatt Hotels in a research report on Wednesday, August 9th. Finally, Stifel Nicolaus upped their target price on Hyatt Hotels from $61.00 to $67.00 and gave the company a “hold” rating in a research report on Monday, November 6th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Hyatt Hotels presently has an average rating of “Hold” and an average price target of $68.33.

Hyatt Hotels (H) opened at $71.11 on Thursday. Hyatt Hotels has a fifty-two week low of $50.21 and a fifty-two week high of $73.33. The company has a current ratio of 1.06, a quick ratio of 1.04 and a debt-to-equity ratio of 0.39. The stock has a market cap of $8,584.22, a PE ratio of 40.11, a PEG ratio of 10.27 and a beta of 1.25.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.09. Hyatt Hotels had a net margin of 4.66% and a return on equity of 6.13%. The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. sell-side analysts forecast that Hyatt Hotels will post 1.73 EPS for the current year.

In other Hyatt Hotels news, insider Peter Sears sold 9,059 shares of the company’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $59.29, for a total value of $537,108.11. Following the sale, the insider now owns 8,292 shares in the company, valued at approximately $491,632.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider P.G. Penny Trust sold 600,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $70.00, for a total value of $42,000,000.00. Following the completion of the sale, the insider now owns 600,000 shares in the company, valued at approximately $42,000,000. The disclosure for this sale can be found here. In the last 90 days, insiders sold 959,887 shares of company stock worth $65,139,540. Insiders own 27.51% of the company’s stock.

A number of institutional investors have recently added to or reduced their stakes in H. Cibc World Markets Corp purchased a new position in shares of Hyatt Hotels during the 2nd quarter valued at approximately $37,099,000. BNP Paribas Arbitrage SA lifted its position in shares of Hyatt Hotels by 485.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 624,966 shares of the company’s stock valued at $35,129,000 after buying an additional 518,164 shares in the last quarter. Gruss Capital Management LP lifted its position in shares of Hyatt Hotels by 316.1% during the 3rd quarter. Gruss Capital Management LP now owns 645,000 shares of the company’s stock valued at $39,855,000 after buying an additional 490,000 shares in the last quarter. Koch Industries Inc. purchased a new position in shares of Hyatt Hotels during the 2nd quarter valued at approximately $478,000. Finally, Long Pond Capital LP lifted its position in shares of Hyatt Hotels by 14.1% during the 3rd quarter. Long Pond Capital LP now owns 3,035,548 shares of the company’s stock valued at $187,567,000 after buying an additional 374,704 shares in the last quarter. Institutional investors and hedge funds own 38.83% of the company’s stock.

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About Hyatt Hotels

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 (NYSE:H)

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