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

Hyatt Hotels Co. (NYSE:H) has been assigned a consensus rating of “Hold” from the twenty-one research firms that are presently covering the stock, Marketbeat reports. Fourteen equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $155.21.

A number of research analysts have recently weighed in on the company. Barclays raised their price target on Hyatt Hotels from $144.00 to $161.00 and gave the company an “equal weight” rating in a research report on Friday, December 13th. Stifel Nicolaus raised their price objective on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. StockNews.com raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Bank of America upped their price target on Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Wells Fargo & Company cut their target price on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st.

Insider Activity at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the transaction, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 23.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in H. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Hyatt Hotels during the third quarter worth approximately $30,000. Versant Capital Management Inc lifted its holdings in Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after buying an additional 175 shares in the last quarter. Blue Trust Inc. boosted its position in Hyatt Hotels by 190.2% in the 3rd 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. EverSource Wealth Advisors LLC increased its stake in shares of Hyatt Hotels by 1,107.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after buying an additional 310 shares during the period. Finally, iA Global Asset Management Inc. bought a new stake in shares of Hyatt Hotels during the third quarter worth $51,000. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels Stock Performance

Shares of H opened at $152.59 on Thursday. The company’s 50 day simple moving average is $156.58 and its 200-day simple moving average is $151.63. Hyatt Hotels has a 12-month low of $124.40 and a 12-month high of $168.20. The firm has a market cap of $14.65 billion, a PE ratio of 11.50 and a beta of 1.48. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter last year, the company posted $0.70 earnings per share. As a group, equities analysts predict that Hyatt Hotels will post 3.89 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend was Friday, November 22nd. Hyatt Hotels’s payout ratio is 4.52%.

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.