Hyatt Hotels (NYSE:H) Price Target Cut to $195.00

Hyatt Hotels (NYSE:H) had its price target trimmed by Mizuho from $197.00 to $195.00 in a report published on Tuesday, Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on H. Barclays dropped their target price on Hyatt Hotels from $156.00 to $153.00 and set an equal weight rating on the stock in a report on Friday, April 19th. Royal Bank of Canada increased their price objective on Hyatt Hotels from $37.00 to $41.00 and gave the stock a sector perform rating in a report on Wednesday, February 14th. Jefferies Financial Group increased their price objective on Hyatt Hotels from $104.00 to $127.00 and gave the stock a hold rating in a report on Tuesday, January 2nd. TD Cowen increased their price objective on Hyatt Hotels from $95.00 to $160.00 and gave the stock a market perform rating in a report on Thursday, March 21st. Finally, Robert W. Baird increased their price objective on Hyatt Hotels from $116.00 to $134.00 and gave the stock a neutral rating in a report on Tuesday, February 13th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Hold and an average target price of $141.88.

Hyatt Hotels Price Performance

NYSE H opened at $151.36 on Tuesday. The stock’s 50-day moving average price is $153.22 and its two-hundred day moving average price is $131.74. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The company has a market cap of $15.31 billion, a PE ratio of 74.20, a PEG ratio of 21.66 and a beta of 1.49. Hyatt Hotels has a 1 year low of $96.77 and a 1 year high of $161.50.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.26. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same quarter in the previous year, the company earned $2.55 EPS. On average, analysts predict that Hyatt Hotels will post 3.24 EPS for the current year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were given a $0.15 dividend. The ex-dividend date of this dividend 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 currently 29.41%.

Insider Buying and Selling

In other Hyatt Hotels news, insider Joan Bottarini sold 4,250 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $128.72, for a total transaction of $547,060.00. Following the completion of the transaction, the insider now directly owns 11,301 shares in the company, valued at $1,454,664.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Hyatt Hotels news, insider Joan Bottarini sold 4,250 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $128.72, for a total transaction of $547,060.00. Following the completion of the transaction, the insider now directly owns 11,301 shares in the company, valued at $1,454,664.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark R. Vondrasek sold 9,867 shares of the stock in a transaction on Monday, March 11th. The stock was sold at an average price of $154.11, for a total value of $1,520,603.37. Following the transaction, the insider now owns 5,100 shares of the company’s stock, valued at $785,961. The disclosure for this sale can be found here. Insiders sold a total of 2,077,803 shares of company stock valued at $325,526,849 over the last ninety days. 23.50% of the stock is owned by company insiders.

Institutional Trading of Hyatt Hotels

A number of hedge funds and other institutional investors have recently made changes to their positions in H. Riverview Trust Co acquired a new stake in shares of Hyatt Hotels in the first quarter valued at $27,000. Quadrant Capital Group LLC boosted its holdings in Hyatt Hotels by 49.8% in the fourth quarter. Quadrant Capital Group LLC now owns 382 shares of the company’s stock valued at $50,000 after acquiring an additional 127 shares during the last quarter. GAMMA Investing LLC bought a new position in Hyatt Hotels in the fourth quarter valued at about $59,000. Banque Cantonale Vaudoise bought a new position in Hyatt Hotels in the third quarter valued at about $83,000. Finally, SG Americas Securities LLC bought a new position in Hyatt Hotels in the third quarter valued at about $157,000. 71.02% of the stock is currently owned by institutional investors and hedge funds.

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.