Hyatt Hotels (NYSE:H) Insider Jnp 2010-Pg Trust Sells 213,434 Shares

Hyatt Hotels Corporation (NYSE:H) insider Jnp 2010-Pg Trust sold 213,434 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $167.75, for a total transaction of $35,803,553.50. Following the completion of the transaction, the insider directly owned 213,434 shares of the company’s stock, valued at $35,803,553.50. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hyatt Hotels Trading Down 1.0%

Hyatt Hotels stock opened at $170.90 on Wednesday. The company has a 50 day moving average price of $155.80 and a 200 day moving average price of $156.54. Hyatt Hotels Corporation has a 52 week low of $104.60 and a 52 week high of $180.53. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a market capitalization of $16.15 billion, a price-to-earnings ratio of -305.18, a P/E/G ratio of 2.08 and a beta of 1.28.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, February 12th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $1.04. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.53%. The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the prior year, the firm earned $0.42 EPS. Research analysts forecast that Hyatt Hotels Corporation will post 3.13 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were given a $0.15 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.4%. Hyatt Hotels’s dividend payout ratio is presently -107.14%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on H. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hyatt Hotels in a research report on Friday, March 27th. Stifel Nicolaus raised their price target on shares of Hyatt Hotels from $158.00 to $164.00 and gave the company a “hold” rating in a report on Wednesday, December 31st. Wall Street Zen upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Sanford C. Bernstein restated an “outperform” rating and set a $188.00 price target on shares of Hyatt Hotels in a report on Friday, January 2nd. Finally, Wells Fargo & Company raised their price target on shares of Hyatt Hotels from $167.00 to $171.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $181.21.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Bamco Inc. NY raised its holdings in Hyatt Hotels by 2.7% in the 3rd quarter. Bamco Inc. NY now owns 6,116,673 shares of the company’s stock worth $868,139,000 after acquiring an additional 161,461 shares during the period. Principal Financial Group Inc. raised its holdings in Hyatt Hotels by 21.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,715,085 shares of the company’s stock worth $669,221,000 after acquiring an additional 843,121 shares during the period. Wellington Management Group LLP raised its holdings in Hyatt Hotels by 48.0% in the 4th quarter. Wellington Management Group LLP now owns 4,676,116 shares of the company’s stock worth $749,675,000 after acquiring an additional 1,516,554 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Hyatt Hotels by 24.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,765,785 shares of the company’s stock worth $392,548,000 after acquiring an additional 545,003 shares during the period. Finally, Veritas Asset Management LLP grew its position in Hyatt Hotels by 827.9% in the 4th quarter. Veritas Asset Management LLP now owns 1,900,417 shares of the company’s stock worth $304,675,000 after purchasing an additional 1,695,616 shares during the last quarter. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.