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

Shares of Hyatt Hotels Co. (NYSE:H) have received an average rating of “Hold” from the twenty brokerages that are covering the firm, Marketbeat.com reports. Thirteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $156.38.

A number of research analysts have recently commented on the company. Morgan Stanley cut their price objective on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Mizuho cut their target price on shares of Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating on the stock in a research note on Monday, November 4th. HSBC cut shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target for the company. in a report on Friday, November 1st. Finally, Barclays upped their target price on Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the transaction, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 23.50% of the company’s stock.

Institutional Trading of Hyatt Hotels

A number of institutional investors have recently modified their holdings of H. AQR Capital Management LLC purchased a new position in shares of Hyatt Hotels during the 2nd quarter valued at $902,000. Millennium Management LLC grew its position in Hyatt Hotels by 700.5% in the second quarter. Millennium Management LLC now owns 122,746 shares of the company’s stock worth $18,648,000 after acquiring an additional 107,412 shares in the last quarter. Creative Planning increased its stake in Hyatt Hotels by 16.6% in the second quarter. Creative Planning now owns 4,244 shares of the company’s stock valued at $645,000 after acquiring an additional 603 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Hyatt Hotels by 8.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,996 shares of the company’s stock valued at $303,000 after purchasing an additional 149 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in Hyatt Hotels during the second quarter worth about $610,000. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Hyatt Hotels Trading Down 1.4 %

NYSE H opened at $163.94 on Monday. The stock has a market cap of $15.74 billion, a P/E ratio of 12.35 and a beta of 1.48. The company’s fifty day simple moving average is $157.40 and its 200-day simple moving average is $152.28. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels has a 52 week low of $125.44 and a 52 week high of $168.20.

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.