Barclays Cuts Hyatt Hotels (NYSE:H) Price Target to $198.00

Hyatt Hotels (NYSE:H) had its target price trimmed by Barclays from $200.00 to $198.00 in a research report sent to investors on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

A number of other research analysts have also weighed in on the company. Stifel Nicolaus raised their price objective on Hyatt Hotels from $158.00 to $164.00 and gave the company a “hold” rating in a research report on Wednesday, December 31st. Sanford C. Bernstein reissued an “outperform” rating and issued a $188.00 target price on shares of Hyatt Hotels in a research note on Friday, January 2nd. The Goldman Sachs Group assumed coverage on Hyatt Hotels in a research report on Wednesday. They issued a “buy” rating and a $198.00 price target for the company. Wells Fargo & Company initiated coverage on shares of Hyatt Hotels in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $154.00 price target on the stock. Finally, Mizuho raised their price objective on shares of Hyatt Hotels from $203.00 to $223.00 and gave the company an “outperform” rating in a research note on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.13.

Hyatt Hotels Trading Down 1.1%

Shares of NYSE H opened at $167.86 on Friday. Hyatt Hotels has a 1 year low of $102.43 and a 1 year high of $174.58. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.69 and a quick ratio of 0.68. The firm has a 50-day moving average of $161.42 and a 200 day moving average of $150.13. The stock has a market cap of $15.94 billion, a P/E ratio of -180.49, a price-to-earnings-growth ratio of 1.88 and a beta of 1.29.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.79). Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the company posted $0.94 EPS. Hyatt Hotels’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, sell-side analysts expect that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, November 24th. This represents a $0.60 annualized dividend and a yield of 0.4%. Hyatt Hotels’s dividend payout ratio is currently -64.52%.

Insider Activity

In related news, insider David Udell sold 4,300 shares of the firm’s stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $166.00, for a total value of $713,800.00. Following the sale, the insider owned 13,746 shares in the company, valued at approximately $2,281,836. This trade represents a 23.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Peter Sears sold 12,394 shares of the business’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $155.51, for a total transaction of $1,927,390.94. Following the sale, the insider owned 5,594 shares of the company’s stock, valued at approximately $869,922.94. This represents a 68.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,383 shares of company stock valued at $5,321,682 in the last 90 days. 23.70% of the stock is currently owned by insiders.

Institutional Trading of Hyatt Hotels

Several large investors have recently modified their holdings of H. Sovereign Financial Group Inc. bought a new position in Hyatt Hotels in the second quarter valued at about $392,000. Voya Investment Management LLC grew its stake in shares of Hyatt Hotels by 6.4% during the 1st quarter. Voya Investment Management LLC now owns 39,345 shares of the company’s stock valued at $4,820,000 after purchasing an additional 2,380 shares during the period. Davidson Investment Advisors purchased a new stake in shares of Hyatt Hotels during the 3rd quarter valued at about $9,990,000. Vontobel Holding Ltd. lifted its stake in shares of Hyatt Hotels by 7.1% in the 2nd quarter. Vontobel Holding Ltd. now owns 2,055 shares of the company’s stock worth $287,000 after purchasing an additional 136 shares during the period. Finally, Covea Finance boosted its holdings in shares of Hyatt Hotels by 42.9% in the second quarter. Covea Finance now owns 25,300 shares of the company’s stock worth $3,533,000 after buying an additional 7,600 shares during the last quarter. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels News Roundup

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: Morgan Stanley raised its price target to $194 and reiterated an “overweight” stance, signaling meaningful upside vs. current levels. This upgrade supports the bullish case that Hyatt’s longer-term growth and margin recovery could re-rate the shares. Article Title
• Positive Sentiment: The Goldman Sachs team started coverage with a “buy” and a $198 price target, adding another influential buy-side voice that may drive renewed interest from institutional investors. Article Title
• Positive Sentiment: Mizuho published a bullish forecast for Hyatt, reinforcing a narrative of price appreciation among some brokerage firms and contributing to demand for the shares. Article Title
• Positive Sentiment: Brand and loyalty initiatives: Hyatt is expanding its consumer-facing push — new leadership, brands and markets highlighted in Forbes — and inked a World of Hyatt sponsorship/loyalty tie-up with the new Audi Revolut F1 team, which could boost global loyalty engagement and premium customer acquisition over time. Article Title Audi F1 Sponsorship Hyatt F1 Loyalty Deal
• Neutral Sentiment: Barclays trimmed its target slightly (from $200 to $198) but kept an “overweight” rating — a modest revision that keeps consensus sentiment positive but is not a major directional change. Article Title
• Negative Sentiment: Operational/earnings pressure remains: Hyatt’s most recent quarterly release showed a sizable EPS miss (reported loss vs. expectations) and revenue below Street estimates, which keeps near-term sentiment cautious and helps explain the share price pullback despite upbeat analyst notes. (Company earnings release, Nov. 6).

Hyatt Hotels Company Profile

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.