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

Hyatt Hotels Co. (NYSE:H) has received an average rating of “Hold” from the eighteen research firms that are covering the firm, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $161.97.

A number of equities analysts recently weighed in on the stock. Barclays lowered their price objective on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. The Goldman Sachs Group dropped their price objective on Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. Robert W. Baird decreased their target price on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. JPMorgan Chase & Co. lifted their target price on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Finally, Susquehanna increased their price target on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $1,168,000.00. Following the completion of the transaction, the insider now owns 9,337 shares in the company, valued at $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Kinsey Wolf sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the transaction, the insider now directly owns 811 shares in the company, valued at approximately $99,712.45. The trade was a 55.22 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,600 shares of company stock worth $1,517,798. 23.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Bernard Wealth Management Corp. acquired a new stake in Hyatt Hotels during the 4th quarter worth $26,000. Versant Capital Management Inc boosted its stake in shares of Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after buying an additional 175 shares during the period. UMB Bank n.a. grew its holdings in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after buying an additional 104 shares during the last quarter. iA Global Asset Management Inc. acquired a new position in Hyatt Hotels in the 3rd quarter valued at about $51,000. Finally, Venturi Wealth Management LLC raised its stake in Hyatt Hotels by 750.0% during the 4th 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. Hedge funds and other institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Price Performance

NYSE:H opened at $122.64 on Tuesday. Hyatt Hotels has a 52 week low of $116.13 and a 52 week high of $168.20. The stock’s fifty day moving average is $141.72 and its two-hundred day moving average is $150.12. The company has a market capitalization of $11.79 billion, a P/E ratio of 9.86 and a beta of 1.51. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last posted 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 company 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 period in the previous year, the company earned $0.64 EPS. Equities analysts expect that Hyatt Hotels will post 3.05 EPS for the current 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 given a dividend of $0.15 per share. The ex-dividend date was Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.49%. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

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.