Hyatt Hotels (NYSE:H) Price Target Raised to $158.00 at Robert W. Baird

Hyatt Hotels (NYSE:H) had its price objective raised by equities researchers at Robert W. Baird from $157.00 to $158.00 in a research note issued to investors on Monday, Benzinga reports. The firm presently has a “neutral” rating on the stock. Robert W. Baird’s price target points to a potential upside of 8.94% from the company’s previous close.

A number of other analysts also recently issued reports on the stock. Stifel Nicolaus raised 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. Cfra set a $155.00 target price on Hyatt Hotels in a research report on Thursday, October 17th. JPMorgan Chase & Co. increased their price target on Hyatt Hotels from $171.00 to $180.00 and gave the stock an “overweight” rating in a report on Friday, July 19th. Truist Financial cut their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a research report on Friday. Finally, Hsbc Global Res raised shares of Hyatt Hotels to a “hold” rating in a research report on Friday. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $151.67.

Hyatt Hotels Stock Performance

Shares of Hyatt Hotels stock opened at $145.04 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.82 and a current ratio of 0.82. The business’s 50 day moving average price is $150.93 and its 200 day moving average price is $148.92. The company has a market cap of $14.55 billion, a price-to-earnings ratio of 10.93 and a beta of 1.50. Hyatt Hotels has a one year low of $96.77 and a one year high of $162.24.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.75%. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the company posted $0.70 EPS. On average, research analysts predict that Hyatt Hotels will post 3.87 EPS for the current year.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $149.77, for a total value of $7,696,380.76. Following the completion of the sale, the insider now owns 623,556 shares in the company, valued at approximately $93,389,982.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

Several institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets lifted its holdings in shares of Hyatt Hotels by 165.7% in the 1st quarter. BNP Paribas Financial Markets now owns 53,887 shares of the company’s stock valued at $8,601,000 after buying an additional 33,603 shares during the period. Fidelis Capital Partners LLC acquired a new stake in shares of Hyatt Hotels during the 1st quarter worth about $85,000. BI Asset Management Fondsmaeglerselskab A S grew its stake in Hyatt Hotels by 152.2% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,453 shares of the company’s stock worth $551,000 after acquiring an additional 2,084 shares during the period. Embree Financial Group acquired a new position in Hyatt Hotels in the first quarter valued at $200,000. Finally, Texas Permanent School Fund Corp increased its stake in shares of Hyatt Hotels by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 38,702 shares of the company’s stock valued at $6,178,000 after acquiring an additional 506 shares during the last quarter. 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.