Robert W. Baird Increases Hyatt Hotels (NYSE:H) Price Target to $158.00

Hyatt Hotels (NYSE:H) had its target price lifted by equities researchers at Robert W. Baird from $157.00 to $158.00 in a report issued on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Robert W. Baird’s target price would suggest a potential upside of 10.43% from the company’s current price.

Several other brokerages also recently issued reports on H. Mizuho reduced their price objective on shares of Hyatt Hotels from $204.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 7th. The Goldman Sachs Group initiated coverage on Hyatt Hotels in a research report on Wednesday, September 18th. They issued a “neutral” rating and a $151.00 price objective for the company. HSBC downgraded Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a research report on Friday, November 1st. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Finally, Susquehanna cut their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a report on Wednesday, August 14th. Fifteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $151.57.

Hyatt Hotels Stock Performance

Hyatt Hotels stock opened at $143.08 on Monday. Hyatt Hotels has a fifty-two week low of $102.62 and a fifty-two week high of $162.24. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of 10.78 and a beta of 1.50. The stock has a fifty day moving average of $150.85 and a two-hundred day moving average of $148.89. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter last year, the business posted $0.70 EPS. On average, analysts anticipate that Hyatt Hotels will post 3.87 EPS for the current fiscal year.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 44,219 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $148.14, for a total value of $6,550,602.66. Following the completion of the transaction, the insider now owns 623,556 shares in the company, valued at $92,373,585.84. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 23.50% of the company’s stock.

Institutional Trading of Hyatt Hotels

Several large investors have recently modified their holdings of H. Andra AP fonden increased its stake in shares of Hyatt Hotels by 51.2% in the second quarter. Andra AP fonden now owns 35,400 shares of the company’s stock worth $5,378,000 after buying an additional 11,994 shares during the last quarter. III Capital Management acquired a new stake in shares of Hyatt Hotels in the 2nd quarter valued at about $871,000. BNP Paribas Financial Markets lifted its position in shares of Hyatt Hotels by 165.7% during the first quarter. BNP Paribas Financial Markets now owns 53,887 shares of the company’s stock worth $8,601,000 after purchasing an additional 33,603 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in Hyatt Hotels by 31.9% in the first quarter. CANADA LIFE ASSURANCE Co now owns 39,485 shares of the company’s stock worth $6,300,000 after purchasing an additional 9,559 shares in the last quarter. Finally, Edgestream Partners L.P. bought a new stake in Hyatt Hotels in the first quarter valued at about $3,413,000. 71.02% 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.