Hyatt Hotels (NYSE:H) Director Susan Kronick Sells 1,700 Shares of Stock

Hyatt Hotels Corporation (NYSE:H) Director Susan Kronick sold 1,700 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $179.88, for a total value of $305,796.00. Following the transaction, the director directly owned 29,525 shares of the company’s stock, valued at $5,310,957. This trade represents a 5.44% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Hyatt Hotels Stock Performance

NYSE:H opened at $178.81 on Wednesday. Hyatt Hotels Corporation has a twelve month low of $134.18 and a twelve month high of $206.86. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.01. The stock’s 50-day simple moving average is $188.33 and its 200 day simple moving average is $171.73. The firm has a market capitalization of $16.85 billion, a PE ratio of 218.07 and a beta of 1.33.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, July 30th. The company reported $1.12 EPS for the quarter, topping the consensus estimate of $0.91 by $0.21. Hyatt Hotels had a return on equity of 7.27% and a net margin of 1.10%.The firm had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. The business’s quarterly revenue was up 1.2% on a year-over-year basis. On average, analysts anticipate that Hyatt Hotels Corporation will post 3.58 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.60 annualized dividend and a yield of 0.3%. Hyatt Hotels’s dividend payout ratio is presently 73.17%.

Analyst Ratings Changes

H has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Robert W. Baird reduced their price objective on Hyatt Hotels from $198.00 to $191.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Mizuho upped their target price on Hyatt Hotels from $219.00 to $221.00 and gave the stock an “outperform” rating in a report on Friday, May 29th. Sanford C. Bernstein increased their target price on Hyatt Hotels from $186.00 to $202.00 and gave the company an “outperform” rating in a research report on Friday, May 15th. Finally, Barclays reduced their price target on Hyatt Hotels from $220.00 to $201.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Nine analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $196.64.

Institutional Trading of Hyatt Hotels

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Wealth Advisors LLC boosted its holdings in shares of Hyatt Hotels by 4.3% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 1,459 shares of the company’s stock worth $210,000 after purchasing an additional 60 shares in the last quarter. Pacer Advisors Inc. lifted its position in Hyatt Hotels by 1.0% in the 1st quarter. Pacer Advisors Inc. now owns 6,625 shares of the company’s stock worth $953,000 after buying an additional 67 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its stake in Hyatt Hotels by 18.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 459 shares of the company’s stock worth $74,000 after buying an additional 72 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Hyatt Hotels by 3.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,318 shares of the company’s stock valued at $372,000 after acquiring an additional 79 shares during the last quarter. Finally, Ethic Inc. grew its position in Hyatt Hotels by 3.5% during the fourth quarter. Ethic Inc. now owns 2,533 shares of the company’s stock valued at $406,000 after acquiring an additional 85 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

About Hyatt Hotels

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.