Hyatt Hotels Co. (NYSE:H) Receives Consensus Rating of “Hold” from Analysts

Shares of Hyatt Hotels Co. (NYSE:H) have been given an average recommendation of “Hold” by the sixteen research firms that are presently covering the firm, Marketbeat.com reports. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $141.88.

A number of equities analysts have recently commented on H shares. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Thursday, April 25th. Morgan Stanley cut shares of Hyatt Hotels from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $149.00 to $156.00 in a research report on Monday, March 11th. Wells Fargo & Company raised their target price on shares of Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Barclays reduced their price objective on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Friday, April 19th. Finally, Royal Bank of Canada boosted their target price on Hyatt Hotels from $37.00 to $41.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 14th.

Hyatt Hotels Trading Down 0.8 %

Shares of H opened at $150.43 on Friday. Hyatt Hotels has a fifty-two week low of $96.77 and a fifty-two week high of $161.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. The company’s fifty day moving average is $154.57 and its 200 day moving average is $132.92. The stock has a market capitalization of $15.22 billion, a PE ratio of 73.74, a P/E/G ratio of 21.26 and a beta of 1.49.

Hyatt Hotels (NYSE:H) last announced its earnings results 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 net margin of 3.30% and a return on equity of 7.59%. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.56 billion. During the same period in the prior year, the company earned $2.55 EPS. Sell-side analysts expect that Hyatt Hotels will post 3.24 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

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

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Joan Bottarini sold 10,695 shares of the stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $148.92, for a total transaction of $1,592,699.40. Following the completion of the sale, the insider now directly owns 16,104 shares of the company’s stock, valued at $2,398,207.68. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Hyatt Hotels news, insider Joan Bottarini sold 10,695 shares of Hyatt Hotels stock in a transaction on Wednesday, May 1st. The shares were sold at an average price of $148.92, for a total value of $1,592,699.40. Following the transaction, the insider now directly owns 16,104 shares of the company’s stock, valued at $2,398,207.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Mark Samuel Hoplamazian sold 75,457 shares of the stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $158.47, for a total value of $11,957,670.79. Following the sale, the insider now owns 459,000 shares of the company’s stock, valued at approximately $72,737,730. The disclosure for this sale can be found here. In the last three months, insiders sold 2,084,248 shares of company stock valued at $326,572,489. Corporate insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Large investors have recently modified their holdings of the business. SG Americas Securities LLC purchased a new stake in Hyatt Hotels during the 3rd quarter worth approximately $157,000. Fjarde AP Fonden Fourth Swedish National Pension Fund grew its holdings in shares of Hyatt Hotels by 21.8% during 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 buying an additional 4,900 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Hyatt Hotels by 16.4% in the 3rd 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 lifted its position in Hyatt Hotels by 12.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 240,848 shares of the company’s stock worth $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% during the 3rd quarter. Forsta AP Fonden now owns 19,700 shares of the company’s stock valued at $2,090,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 71.02% of the company’s stock.

About Hyatt Hotels

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.