Insider Selling: Hyatt Hotels Co. (NYSE:H) Insider Sells 1,000 Shares of Stock

Hyatt Hotels Co. (NYSE:H) insider Kinsey Wolf sold 1,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the completion of the transaction, the insider now directly owns 811 shares of the company’s stock, valued at approximately $99,712.45. This trade represents a 55.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Hyatt Hotels Stock Down 1.8 %

Shares of NYSE H opened at $121.68 on Friday. Hyatt Hotels Co. has a 1 year low of $116.13 and a 1 year high of $168.20. The firm’s 50-day moving average is $145.42 and its 200-day moving average is $150.99. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $11.70 billion, a PE ratio of 9.78 and a beta of 1.51.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) 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 the consensus estimate of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the previous year, the business posted $0.64 earnings per share. Equities analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.49%. Hyatt Hotels’s dividend payout ratio is presently 4.82%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on H. Macquarie decreased their target price on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. Susquehanna upped their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Stifel Nicolaus increased their target price on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Barclays decreased their price target on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. Finally, Morgan Stanley dropped their price objective on Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and a consensus target price of $161.97.

Hedge Funds Weigh In On Hyatt Hotels

Several hedge funds have recently added to or reduced their stakes in H. Geode Capital Management LLC boosted its position in shares of Hyatt Hotels by 1.0% during the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after purchasing an additional 7,440 shares in the last quarter. TT International Asset Management LTD acquired a new stake in Hyatt Hotels during the 4th quarter worth $5,283,000. Bamco Inc. NY lifted its holdings in Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after acquiring an additional 68,608 shares in the last quarter. Icon Wealth Advisors LLC grew its stake in Hyatt Hotels by 17,641.6% in the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock valued at $20,009,000 after acquiring an additional 130,724 shares during the period. Finally, World Investment Advisors LLC bought a new stake in shares of Hyatt Hotels in the third quarter worth about $4,520,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

About Hyatt Hotels

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.