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

Shares of Hyatt Hotels Co. (NYSE:H) have been assigned an average recommendation of “Hold” from the eighteen analysts that are presently covering the firm, Marketbeat.com reports. Ten research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $161.97.

Several research analysts have recently weighed in on H shares. Jefferies Financial Group boosted their target price on Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Mizuho reduced their price target on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Truist Financial dropped their price objective on shares of Hyatt Hotels from $163.00 to $156.00 and set a “buy” rating for the company in a report on Friday. Finally, JPMorgan Chase & Co. lifted their target price on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research note on Friday, December 13th.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now owns 37,927 shares of the company’s stock, valued at $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Mark R. Vondrasek sold 10,000 shares of the business’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the transaction, the insider now directly owns 9,337 shares of the company’s stock, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,600 shares of company stock worth $1,517,798. Corporate insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Several institutional investors have recently modified their holdings of H. Bernard Wealth Management Corp. acquired a new position in Hyatt Hotels in the fourth quarter valued at approximately $26,000. Versant Capital Management Inc boosted its holdings in shares of Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares in the last quarter. UMB Bank n.a. grew its position in shares of Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after buying an additional 104 shares during the last quarter. iA Global Asset Management Inc. acquired a new stake in Hyatt Hotels during the 3rd quarter worth $51,000. Finally, Venturi Wealth Management LLC lifted its position in Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after acquiring an additional 300 shares during the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

Hyatt Hotels Stock Up 1.9 %

Shares of H opened at $123.87 on Tuesday. The stock has a 50 day moving average price of $144.85 and a 200 day moving average price of $150.86. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market capitalization of $11.91 billion, a price-to-earnings ratio of 9.96 and a beta of 1.51. Hyatt Hotels has a one year low of $116.13 and a one year high of $168.20.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter last year, the company earned $0.64 earnings per share. Equities research analysts forecast that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels’s payout ratio is 4.82%.

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.