Hyatt Hotels Co. (NYSE:H) Receives $161.97 Consensus Target Price from Analysts

Hyatt Hotels Co. (NYSE:H) has been given an average recommendation of “Hold” by the eighteen analysts that are presently covering the firm, Marketbeat.com reports. Ten research analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $161.97.

A number of brokerages recently weighed in on H. Evercore ISI raised shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target for the company in a research report on Wednesday, March 5th. Morgan Stanley lowered their price objective on Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 4th. 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 research report on Thursday, March 6th. StockNews.com cut shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Finally, Mizuho decreased their price objective on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Kinsey Wolf sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now owns 811 shares in the company, valued at $99,712.45. This represents a 55.22 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $1,168,000.00. Following the sale, the insider now directly owns 9,337 shares in the company, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,600 shares of company stock valued at $1,517,798 in the last ninety days. Insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

Several institutional investors have recently made changes to their positions in the stock. Bernard Wealth Management Corp. bought a new position in shares of Hyatt Hotels in the fourth quarter valued at approximately $26,000. Versant Capital Management Inc increased its stake in Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after purchasing an additional 175 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares during the period. iA Global Asset Management Inc. purchased a new position in shares of Hyatt Hotels during the third quarter valued at $51,000. Finally, Venturi Wealth Management LLC lifted its stake in Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after acquiring an additional 300 shares in the last quarter. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels Price Performance

Shares of H opened at $121.50 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The company has a market cap of $11.68 billion, a P/E ratio of 9.77 and a beta of 1.51. The firm’s 50 day moving average price is $142.39 and its 200 day moving average price is $150.25. Hyatt Hotels has a fifty-two week low of $116.13 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results 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 business had revenue of $1.60 billion during the quarter, compared to analyst estimates 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 prior year, the business earned $0.64 earnings per share. On average, research analysts forecast that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

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

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.