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

Hyatt Hotels Co. (NYSE:H) has earned an average recommendation of “Hold” from the twenty-one research firms that are currently covering the company, MarketBeat Ratings reports. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $151.57.

Several equities analysts have recently weighed in on H shares. Cfra set a $155.00 target price on Hyatt Hotels in a research report on Thursday, October 17th. Evercore ISI boosted their target price on Hyatt Hotels from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Monday, October 21st. Mizuho cut their target price on Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating on the stock in a research report on Monday, November 4th. Hsbc Global Res raised Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. Finally, Stifel Nicolaus boosted their price objective on Hyatt Hotels from $141.00 to $151.00 and gave the company a “hold” rating in a report on Tuesday, August 20th.

Insider Transactions at Hyatt Hotels

In other news, insider Mark Samuel Hoplamazian sold 51,388 shares of the business’s stock in a transaction 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 transaction, the insider now directly owns 623,556 shares of the company’s stock, valued at approximately $93,389,982.12. The trade was a 7.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 23.50% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Bamco Inc. NY increased its position in Hyatt Hotels by 1.3% during the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after buying an additional 68,608 shares in the last quarter. Principal Financial Group Inc. increased its position in Hyatt Hotels by 6.5% during the 2nd quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company’s stock valued at $401,827,000 after buying an additional 162,562 shares in the last quarter. Wellington Management Group LLP increased its position in Hyatt Hotels by 3.3% during the 3rd quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock valued at $267,192,000 after buying an additional 56,082 shares in the last quarter. State Street Corp increased its position in Hyatt Hotels by 0.4% during the 3rd quarter. State Street Corp now owns 1,441,148 shares of the company’s stock valued at $219,343,000 after buying an additional 6,007 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock valued at $114,214,000 after buying an additional 7,440 shares in the last quarter. 71.02% of the stock is owned by institutional investors.

Hyatt Hotels Stock Performance

NYSE:H opened at $153.26 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. Hyatt Hotels has a 1 year low of $112.85 and a 1 year high of $162.24. The stock’s 50 day simple moving average is $152.26 and its two-hundred day simple moving average is $149.22. The company has a market cap of $14.72 billion, a price-to-earnings ratio of 11.55 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last released its 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. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate 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 in the previous year, the company posted $0.70 EPS. As a group, equities analysts anticipate that Hyatt Hotels will post 3.85 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s dividend 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.