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

Hyatt Hotels (NYSE:H) had its target price raised by equities research analysts at Stifel Nicolaus from $145.50 to $157.50 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ target price indicates a potential upside of 0.94% from the company’s current price.

Several other research analysts have also commented on H. Macquarie decreased their price target on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating for the company in a report on Friday, November 1st. Hsbc Global Res upgraded shares of Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. StockNews.com upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Wells Fargo & Company cut their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research report on Friday, November 1st. Finally, Bank of America boosted their price target on shares of Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Fifteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Hyatt Hotels presently has a consensus rating of “Hold” and a consensus price target of $151.88.

Hyatt Hotels Price Performance

Shares of H stock opened at $156.03 on Tuesday. The firm has a market cap of $14.98 billion, a P/E ratio of 11.76 and a beta of 1.50. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. Hyatt Hotels has a 1-year low of $112.85 and a 1-year high of $162.24. The firm has a fifty day moving average of $153.35 and a two-hundred day moving average of $149.42.

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

Insider Buying and Selling at Hyatt Hotels

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

Hedge Funds Weigh In On Hyatt Hotels

A number of hedge funds and other institutional investors have recently made changes to their positions in H. Advisors Asset Management Inc. lifted its holdings in shares of Hyatt Hotels by 53.7% during the 1st quarter. Advisors Asset Management Inc. now owns 4,118 shares of the company’s stock worth $657,000 after acquiring an additional 1,438 shares during the period. Tidal Investments LLC increased its position in shares of Hyatt Hotels by 41.2% during the 1st quarter. Tidal Investments LLC now owns 24,344 shares of the company’s stock worth $3,886,000 after purchasing an additional 7,098 shares in the last quarter. LRI Investments LLC acquired a new stake in shares of Hyatt Hotels during the 1st quarter worth about $26,000. Red Spruce Capital LLC increased its position in shares of Hyatt Hotels by 0.7% during the 2nd quarter. Red Spruce Capital LLC now owns 13,994 shares of the company’s stock worth $2,126,000 after purchasing an additional 92 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in shares of Hyatt Hotels by 17.6% during the 2nd quarter. GAMMA Investing LLC now owns 767 shares of the company’s stock worth $117,000 after purchasing an additional 115 shares in the last quarter. 71.02% of the stock is owned by institutional investors.

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.