Barclays Issues Pessimistic Forecast for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H) had its price target decreased by analysts at Barclays from $151.00 to $144.00 in a report released on Friday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price suggests a potential downside of 1.11% from the stock’s previous close.

H has been the topic of a number of other research reports. Bank of America increased their price target on Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Stifel Nicolaus boosted their price target on shares of Hyatt Hotels from $141.00 to $151.00 and gave the stock a “hold” rating in a report on Tuesday, August 20th. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, August 12th. Macquarie cut their price target on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Susquehanna decreased their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a research note on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and an average target price of $151.90.

Hyatt Hotels Trading Up 0.1 %

NYSE:H traded up $0.16 on Friday, reaching $145.61. 321,182 shares of the company’s stock were exchanged, compared to its average volume of 585,699. The business has a fifty day moving average of $151.00 and a 200-day moving average of $149.00. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.70. Hyatt Hotels has a 52-week low of $96.77 and a 52-week high of $162.24. The firm has a market capitalization of $14.61 billion, a price-to-earnings ratio of 15.68 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a net margin of 14.55% and a return on equity of 10.25%. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the company posted $0.70 EPS. As a group, analysts expect that Hyatt Hotels will post 3.87 earnings per share for the current year.

Insider Activity

In other news, insider Mark Samuel Hoplamazian sold 44,219 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $148.14, for a total transaction of $6,550,602.66. Following the sale, the insider now owns 623,556 shares of the company’s stock, valued at $92,373,585.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in H. LRI Investments LLC acquired a new stake in shares of Hyatt Hotels during the first quarter valued at $26,000. Summit Securities Group LLC acquired a new stake in shares of Hyatt Hotels during the 2nd quarter worth about $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Hyatt Hotels during the third quarter worth about $30,000. Blue Trust Inc. raised its position in shares of Hyatt Hotels by 190.2% in the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after buying an additional 213 shares during the last quarter. Finally, EntryPoint Capital LLC acquired a new stake in Hyatt Hotels during the first quarter worth approximately $53,000. Institutional investors and hedge funds own 71.02% of the company’s stock.

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.