Brokerages Set Hyatt Hotels Co. (NYSE:H) PT at $155.21

Hyatt Hotels Co. (NYSE:H) has been assigned an average recommendation of “Hold” from the twenty-one research firms that are currently covering the company, MarketBeat.com reports. Fourteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $155.21.

Several research firms have weighed in on H. Bank of America increased their target price on shares of Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, October 21st. The Goldman Sachs Group lifted their target price on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Evercore ISI increased their price target on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Stifel Nicolaus raised their price target on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research report on Tuesday, November 26th. Finally, StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th.

Hyatt Hotels Stock Up 1.0 %

Shares of Hyatt Hotels stock opened at $152.59 on Thursday. The business has a fifty day simple moving average of $156.58 and a 200 day simple moving average of $151.63. The stock has a market cap of $14.65 billion, a PE ratio of 11.50 and a beta of 1.48. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels has a 12 month low of $124.40 and a 12 month high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the prior year, the business posted $0.70 EPS. Research analysts predict that Hyatt Hotels will post 3.89 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date was Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Activity

In related news, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the transaction, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02. This represents a 39.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 23.50% of the company’s stock.

Institutional Trading of Hyatt Hotels

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Hyatt Hotels during the third quarter worth $30,000. Versant Capital Management Inc increased its stake in shares of Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares during the period. Blue Trust Inc. boosted its stake in shares of Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after purchasing an additional 213 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Hyatt Hotels by 1,107.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after purchasing an additional 310 shares in the last quarter. Finally, iA Global Asset Management Inc. acquired a new position in shares of Hyatt Hotels during the 3rd quarter valued at $51,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

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.