Susan D. Kronick Sells 1,600 Shares of Hyatt Hotels Co. (NYSE:H) Stock

Hyatt Hotels Co. (NYSE:H) Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. The trade was a 4.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Hyatt Hotels Stock Performance

NYSE H opened at $140.05 on Thursday. The company has a 50-day simple moving average of $152.75 and a two-hundred day simple moving average of $152.87. 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 Co. has a 12-month low of $128.91 and a 12-month high of $168.20. The firm has a market cap of $13.47 billion, a price-to-earnings ratio of 11.26 and a beta of 1.51.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the previous year, the company earned $0.64 earnings per share. On average, equities analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.43%. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

Wall Street Analysts Forecast Growth

H has been the topic of several research analyst reports. Macquarie decreased their price target on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Truist Financial upped their price target on shares of Hyatt Hotels from $158.00 to $163.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Susquehanna upped their price target on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Morgan Stanley decreased their price target on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday. Finally, Stifel Nicolaus upped their price target on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Hyatt Hotels currently has a consensus rating of “Hold” and an average target price of $163.13.

Institutional Trading of Hyatt Hotels

A number of institutional investors have recently modified their holdings of the company. Bernard Wealth Management Corp. purchased a new stake in shares of Hyatt Hotels during the fourth quarter worth about $26,000. Toronto Dominion Bank lifted its holdings in Hyatt Hotels by 5.2% in the fourth quarter. Toronto Dominion Bank now owns 6,056 shares of the company’s stock worth $951,000 after buying an additional 301 shares during the period. DigitalBridge Group Inc. boosted its position in Hyatt Hotels by 5.7% during the 4th quarter. DigitalBridge Group Inc. now owns 73,462 shares of the company’s stock valued at $11,532,000 after acquiring an additional 3,950 shares in the last quarter. Twinbeech Capital LP bought a new stake in Hyatt Hotels during the 4th quarter valued at approximately $9,341,000. Finally, Tidal Investments LLC boosted its position in Hyatt Hotels by 153.1% during the 4th quarter. Tidal Investments LLC now owns 4,541 shares of the company’s stock valued at $713,000 after acquiring an additional 2,747 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

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.