Hyatt Hotels Co. (NYSE:H) Receives $155.21 Consensus Target Price from Analysts

Shares of Hyatt Hotels Co. (NYSE:H) have been given an average recommendation of “Hold” by the twenty brokerages that are currently covering the company, MarketBeat Ratings reports. Thirteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $156.48.

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company dropped their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating for the company in a research note on Friday, November 1st. Morgan Stanley dropped their price target on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Robert W. Baird raised their price target on shares of Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Jefferies Financial Group upped their price objective on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research note on Thursday, January 2nd. Finally, Macquarie cut their target price on Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, November 1st.

Hyatt Hotels Stock Up 0.6 %

H stock opened at $154.87 on Thursday. The business’s 50-day simple moving average is $156.80 and its 200 day simple moving average is $151.64. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market cap of $14.87 billion, a PE ratio of 11.67 and a beta of 1.48. Hyatt Hotels has a twelve month low of $124.40 and a twelve month high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. The company had revenue of $1.63 billion for 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 earned $0.70 EPS. On average, research analysts anticipate that Hyatt Hotels will post 3.89 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.39%. The ex-dividend date was Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the sale, the insider now owns 5,798 shares of the company’s stock, valued at $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 23.50% of the company’s stock.

Institutional Trading of Hyatt Hotels

Large investors have recently bought and sold shares of the business. Bamco Inc. NY lifted its stake in Hyatt Hotels by 1.3% in the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after buying an additional 68,608 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Hyatt Hotels by 3.3% during the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock worth $267,192,000 after acquiring an additional 56,082 shares in the last quarter. State Street Corp raised its holdings in shares of Hyatt Hotels by 0.4% during the third quarter. State Street Corp now owns 1,441,148 shares of the company’s stock worth $219,343,000 after acquiring an additional 6,007 shares during the period. Geode Capital Management LLC lifted its position in Hyatt Hotels by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock valued at $114,214,000 after acquiring an additional 7,440 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Hyatt Hotels by 10.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 485,952 shares of the company’s stock worth $73,822,000 after purchasing an additional 46,574 shares during the period. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels Company Profile

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.