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

Shares of Hyatt Hotels Co. (NYSE:H) have been given an average rating of “Hold” by the twenty-one ratings firms that are presently covering the firm, Marketbeat.com reports. Fourteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $151.57.

Several research firms recently weighed in on H. Deutsche Bank Aktiengesellschaft upped their price target on Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. HSBC cut shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a report on Friday, November 1st. Susquehanna decreased their target price on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a research note on Wednesday, August 14th. Stifel Nicolaus lifted their price objective on Hyatt Hotels from $141.00 to $151.00 and gave the stock a “hold” rating in a report on Tuesday, August 20th. Finally, Wells Fargo & Company reduced their price objective on Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating for the company in a research report on Friday, November 1st.

Hyatt Hotels Trading Up 0.1 %

H opened at $156.23 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels has a 52 week low of $112.85 and a 52 week high of $162.24. The stock has a market cap of $15.00 billion, a PE ratio of 11.77 and a beta of 1.50. The business has a 50 day moving average of $152.88 and a 200-day moving average of $149.34.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter last year, the firm posted $0.70 earnings per share. Equities research analysts predict that Hyatt Hotels will post 3.91 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is 4.52%.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of Hyatt Hotels stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the sale, the insider now directly owns 623,556 shares in the company, valued at approximately $93,389,982.12. The trade was a 7.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 23.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. LRI Investments LLC purchased a new position in shares of Hyatt Hotels in the first quarter valued at $26,000. Summit Securities Group LLC bought a new position in Hyatt Hotels during the second quarter valued at $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Hyatt Hotels in the 3rd quarter worth $30,000. Blue Trust Inc. raised its position in shares of Hyatt Hotels by 190.2% during the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after buying an additional 213 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Hyatt Hotels by 1,107.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after acquiring an additional 310 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.