Hyatt Hotels Co. (NYSE:H) Insider Mark R. Vondrasek Sells 10,000 Shares

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 10,000 shares of the firm’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the sale, the insider now owns 9,337 shares in the company, valued at $1,090,561.60. The trade was a 51.71 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Hyatt Hotels Price Performance

Shares of Hyatt Hotels stock opened at $121.68 on Friday. The stock has a 50 day moving average price of $145.42 and a 200-day moving average price of $151.00. Hyatt Hotels Co. has a one year low of $116.13 and a one year high of $168.20. The stock has a market cap of $11.70 billion, a price-to-earnings ratio of 9.78 and a beta of 1.51. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate 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 last year, the firm earned $0.64 EPS. Equities analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.49%. The ex-dividend date was Friday, February 28th. Hyatt Hotels’s payout ratio is currently 4.82%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Hyatt Hotels by 14.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,326 shares of the company’s stock worth $365,000 after purchasing an additional 291 shares during the last quarter. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels in the 4th quarter worth about $26,000. Toronto Dominion Bank increased its position in shares of Hyatt Hotels by 5.2% during the fourth quarter. Toronto Dominion Bank now owns 6,056 shares of the company’s stock worth $951,000 after acquiring an additional 301 shares during the period. DigitalBridge Group Inc. raised its stake in shares of Hyatt Hotels by 5.7% during the fourth 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. Finally, Twinbeech Capital LP purchased a new stake in shares of Hyatt Hotels in the fourth quarter valued at approximately $9,341,000. Institutional investors own 73.54% of the company’s stock.

Analyst Ratings Changes

H has been the subject of a number of analyst reports. Susquehanna increased their price target on Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Macquarie lowered their price target on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Stifel Nicolaus increased their price objective on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a report on Tuesday, November 26th. The Goldman Sachs Group lowered their target price on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating on the stock in a report on Thursday, March 6th. Finally, StockNews.com cut shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $161.97.

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.