Barclays Issues Pessimistic Forecast for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H) had its target price decreased by Barclays from $162.00 to $151.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price suggests a potential upside of 3.70% from the stock’s current price.

H has been the subject of a number of other research reports. JPMorgan Chase & Co. lifted their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Cfra set a $155.00 price target on Hyatt Hotels in a research note on Thursday, October 17th. The Goldman Sachs Group lifted their price target on Hyatt Hotels from $151.00 to $167.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Finally, Mizuho reduced their target price on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a report on Friday. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $156.03.

Hyatt Hotels Stock Down 1.2 %

Shares of Hyatt Hotels stock traded down $1.77 during trading on Friday, reaching $145.61. The company’s stock had a trading volume of 185,600 shares, compared to its average volume of 593,816. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market cap of $13.98 billion, a price-to-earnings ratio of 10.94 and a beta of 1.48. Hyatt Hotels has a 1-year low of $128.90 and a 1-year high of $168.20. The company has a 50-day simple moving average of $157.19 and a two-hundred day simple moving average of $152.46.

Hyatt Hotels (NYSE:H) last released 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). Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period in the previous year, the business posted $0.64 EPS. As a group, equities analysts forecast that Hyatt Hotels will post 3.81 earnings per share for the current year.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the sale, the insider now directly owns 5,798 shares in the company, valued at $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 23.50% of the company’s stock.

Institutional Trading of Hyatt Hotels

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bamco Inc. NY increased its position in shares of Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after purchasing an additional 68,608 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Hyatt Hotels by 0.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company’s stock worth $447,376,000 after purchasing an additional 9,477 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Hyatt Hotels by 1.8% during the fourth quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company’s stock worth $422,960,000 after buying an additional 46,413 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of Hyatt Hotels by 3.3% during the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock worth $267,192,000 after buying an additional 56,082 shares during the last quarter. Finally, Bank of Nova Scotia grew its holdings in shares of Hyatt Hotels by 2.2% during the fourth quarter. Bank of Nova Scotia now owns 1,716,986 shares of the company’s stock worth $269,532,000 after buying an additional 37,057 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

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.