Hyatt Hotels Co. (NYSE:H) Receives Consensus Rating of “Hold” from Analysts

Hyatt Hotels Co. (NYSE:H) has received a consensus recommendation of “Hold” from the eighteen brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $155.22.

Several equities analysts have recently issued reports on H shares. Evercore ISI raised Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price objective for the company in a report on Wednesday, March 5th. Barclays lowered their price objective on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. Mizuho cut their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Morgan Stanley lowered their price target on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 4th. Finally, StockNews.com downgraded shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, February 17th.

Insider Activity

In related news, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of the transaction, the insider now 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 12,600 shares of company stock worth $1,517,798 over the last ninety days. Corporate insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Hedge funds have recently added to or reduced their stakes in the business. TT International Asset Management LTD acquired a new stake in shares of Hyatt Hotels in the fourth quarter valued at $5,283,000. World Investment Advisors LLC acquired a new stake in Hyatt Hotels in the third quarter valued at approximately $4,520,000. GAMMA Investing LLC grew its holdings in Hyatt Hotels by 17.2% during the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company’s stock worth $166,000 after acquiring an additional 155 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 175 shares in the last quarter. Finally, Truist Financial Corp acquired a new position in shares of Hyatt Hotels during the fourth quarter worth $307,000. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Hyatt Hotels Price Performance

Shares of NYSE H opened at $106.19 on Friday. Hyatt Hotels has a 52 week low of $102.43 and a 52 week high of $168.20. The business’s 50 day moving average price is $126.69 and its 200 day moving average price is $145.70. 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 firm has a market cap of $10.21 billion, a P/E ratio of 8.54 and a beta of 1.35.

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). The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same quarter in the previous year, the company earned $0.64 EPS. On average, sell-side analysts expect that Hyatt Hotels will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.57%. Hyatt Hotels’s dividend payout ratio is presently 4.82%.

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.