Mark R. Vondrasek Sells 3,776 Shares of Hyatt Hotels Co. (NYSE:H) Stock

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the transaction, the insider now directly owns 5,798 shares in the company, valued at $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Hyatt Hotels Price Performance

H traded down $3.95 on Tuesday, reaching $156.36. The stock had a trading volume of 477,748 shares, compared to its average volume of 584,592. The firm has a 50-day moving average of $153.19 and a 200-day moving average of $149.40. Hyatt Hotels Co. has a fifty-two week low of $112.85 and a fifty-two week high of $162.24. The company has a market capitalization of $15.02 billion, a price-to-earnings ratio of 11.79 and a beta of 1.50. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the business earned $0.70 EPS. As a group, sell-side analysts anticipate that Hyatt Hotels Co. will post 3.89 EPS for the current year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.38%. Hyatt Hotels’s payout ratio is 4.52%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on H shares. The Goldman Sachs Group began coverage on Hyatt Hotels in a research report on Wednesday, September 18th. They set a “neutral” rating and a $151.00 price target on the stock. Susquehanna reduced their target price on Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a report on Wednesday, August 14th. StockNews.com raised Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Sanford C. Bernstein cut their price objective on shares of Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Finally, HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a report on Friday, November 1st. Fifteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $151.88.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Andra AP fonden boosted its stake in shares of Hyatt Hotels by 51.2% in the 2nd quarter. Andra AP fonden now owns 35,400 shares of the company’s stock valued at $5,378,000 after purchasing an additional 11,994 shares during the last quarter. III Capital Management bought a new stake in shares of Hyatt Hotels during the 2nd quarter valued at about $871,000. Assetmark Inc. increased its stake in shares of Hyatt Hotels by 162.2% in the 3rd quarter. Assetmark Inc. now owns 49,041 shares of the company’s stock valued at $7,464,000 after acquiring an additional 30,339 shares in the last quarter. Bridges Investment Management Inc. acquired a new position in shares of Hyatt Hotels during the second quarter valued at about $601,000. Finally, Caprock Group LLC raised its stake in Hyatt Hotels by 183.8% during the 2nd quarter. Caprock Group LLC now owns 3,854 shares of the company’s stock worth $586,000 after buying an additional 2,496 shares during the period. 71.02% of the stock is 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.