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

Hyatt Hotels Co. (NYSE:H) has been given an average rating of “Hold” by the sixteen analysts that are covering the stock, Marketbeat reports. Ten investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $151.19.

A number of research firms recently weighed in on H. Truist Financial lowered their price target on Hyatt Hotels from $172.00 to $168.00 and set a “buy” rating on the stock in a report on Thursday, May 30th. Sanford C. Bernstein raised their price target on Hyatt Hotels from $184.00 to $190.00 and gave the company an “outperform” rating in a research report on Monday, May 13th. Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels from $146.00 to $154.00 and gave the stock a “hold” rating in a research report on Thursday, April 11th. Robert W. Baird raised their target price on shares of Hyatt Hotels from $160.00 to $162.00 and gave the company a “neutral” rating in a report on Friday, May 17th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Hyatt Hotels from $171.00 to $180.00 and gave the stock an “overweight” rating in a research report on Friday.

Insiders Place Their Bets

In related news, insider Joan Bottarini sold 305 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $148.00, for a total value of $45,140.00. Following the completion of the sale, the insider now directly owns 15,799 shares in the company, valued at $2,338,252. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In related news, insider Joan Bottarini sold 305 shares of the stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $148.00, for a total value of $45,140.00. Following the transaction, the insider now directly owns 15,799 shares of the company’s stock, valued at approximately $2,338,252. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael A. Rocca sold 1,189 shares of the business’s stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $149.52, for a total value of $177,779.28. Following the sale, the director now directly owns 20,219 shares of the company’s stock, valued at approximately $3,023,144.88. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,189 shares of company stock valued at $1,815,619. Insiders own 23.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of H. Raymond James & Associates increased its position in shares of Hyatt Hotels by 113.1% in the second quarter. Raymond James & Associates now owns 68,787 shares of the company’s stock worth $10,450,000 after acquiring an additional 36,510 shares in the last quarter. OFI Invest Asset Management purchased a new stake in Hyatt Hotels during the 2nd quarter worth $4,323,000. Wealth Enhancement Advisory Services LLC acquired a new stake in Hyatt Hotels in the 2nd quarter valued at $260,000. Transform Wealth LLC raised its position in Hyatt Hotels by 3.0% in the second quarter. Transform Wealth LLC now owns 41,576 shares of the company’s stock valued at $6,316,000 after purchasing an additional 1,209 shares during the period. Finally, QRG Capital Management Inc. lifted its stake in shares of Hyatt Hotels by 12.4% during the second quarter. QRG Capital Management Inc. now owns 17,712 shares of the company’s stock worth $2,691,000 after purchasing an additional 1,947 shares in the last quarter. Hedge funds and other institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Price Performance

Shares of NYSE H opened at $153.97 on Thursday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.59 and a current ratio of 0.59. Hyatt Hotels has a one year low of $96.77 and a one year high of $162.24. The firm has a market capitalization of $15.58 billion, a P/E ratio of 23.91 and a beta of 1.51. The company’s fifty day moving average is $149.60 and its two-hundred day moving average is $146.64.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.02). Hyatt Hotels had a return on equity of 8.44% and a net margin of 10.21%. The company had revenue of $1.71 billion for the quarter, compared to analysts’ expectations of $1.72 billion. During the same period in the prior year, the firm posted $0.41 EPS. Analysts forecast that Hyatt Hotels will post 3.47 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 11th. Investors of record on Wednesday, May 29th were paid a $0.15 dividend. The ex-dividend date was Wednesday, May 29th. This represents a $0.60 annualized dividend and a yield of 0.39%. Hyatt Hotels’s payout ratio is currently 9.32%.

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.