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

Shares of Hyatt Hotels Co. (NYSE:H) have earned a consensus recommendation of “Hold” from the nineteen brokerages that are covering the stock, MarketBeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $162.08.

Several equities research analysts recently weighed in on H shares. Jefferies Financial Group raised their price objective on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Wells Fargo & Company reduced their price target on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Susquehanna upped their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Mizuho dropped their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Finally, Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research note on Tuesday, November 26th.

Insider Activity

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Hyatt Hotels

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Hyatt Hotels in the 4th quarter valued at $77,136,000. Invesco Ltd. lifted its stake in shares of Hyatt Hotels by 241.4% in the fourth quarter. Invesco Ltd. now owns 679,557 shares of the company’s stock valued at $106,677,000 after buying an additional 480,523 shares in the last quarter. Norges Bank acquired a new position in shares of Hyatt Hotels during the fourth quarter valued at about $61,572,000. Alyeska Investment Group L.P. bought a new stake in shares of Hyatt Hotels during the fourth quarter worth about $43,953,000. Finally, Deutsche Bank AG raised its holdings in shares of Hyatt Hotels by 209.8% in the 4th quarter. Deutsche Bank AG now owns 255,563 shares of the company’s stock worth $40,118,000 after acquiring an additional 173,075 shares during the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Stock Down 1.9 %

H stock opened at $137.24 on Friday. The firm has a 50-day moving average price of $152.75 and a 200-day moving average price of $152.87. Hyatt Hotels has a 12 month low of $128.91 and a 12 month high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $13.20 billion, a P/E ratio of 11.03 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the previous year, the company earned $0.64 EPS. As a group, equities research analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.44%. The ex-dividend date of this dividend is Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is 4.82%.

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.