Susquehanna Issues Positive Forecast for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H) had its price objective hoisted by stock analysts at Susquehanna from $150.00 to $155.00 in a report issued on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s price target indicates a potential upside of 12.29% from the company’s current price.

H has been the topic of several other research reports. Morgan Stanley cut their target price on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Jefferies Financial Group raised their price target on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Truist Financial upped their price objective on shares of Hyatt Hotels from $158.00 to $163.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. Wells Fargo & Company cut their target price on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Finally, JPMorgan Chase & Co. upped their price target on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $162.55.

Hyatt Hotels Price Performance

Shares of NYSE:H opened at $138.04 on Tuesday. The company’s fifty day moving average is $154.82 and its 200 day moving average is $152.82. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels has a 52 week low of $128.91 and a 52 week high of $168.20. The stock has a market cap of $13.27 billion, a PE ratio of 11.10 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last released its 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). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period last year, the firm posted $0.64 EPS. Research analysts anticipate that Hyatt Hotels will post 3.05 earnings per share for the current year.

Institutional Investors Weigh In On Hyatt Hotels

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bernard Wealth Management Corp. purchased a new stake in shares of Hyatt Hotels in the 4th quarter worth approximately $26,000. Versant Capital Management Inc boosted its holdings in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 175 shares in the last quarter. UMB Bank n.a. grew its stake in shares of Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after acquiring an additional 104 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of Hyatt Hotels by 190.2% during the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after acquiring an additional 213 shares in the last quarter. Finally, iA Global Asset Management Inc. purchased a new position in shares of Hyatt Hotels in the 3rd quarter worth about $51,000. Hedge funds and other institutional investors 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.