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

Hyatt Hotels (NYSE:H) had its price target boosted by Robert W. Baird from $157.00 to $158.00 in a report issued on Monday,Benzinga reports. They currently have a neutral rating on the stock.

A number of other analysts also recently weighed in on H. The Goldman Sachs Group assumed coverage on shares of Hyatt Hotels in a report on Wednesday, September 18th. They set a “neutral” rating and a $151.00 price target for the company. Barclays reduced their target price on Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Evercore ISI boosted their price target on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Bank of America raised their price objective on Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, Sanford C. Bernstein lowered their target price on Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Fifteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $151.57.

Hyatt Hotels Price Performance

Hyatt Hotels stock opened at $153.89 on Monday. The firm has a market cap of $15.44 billion, a PE ratio of 11.60 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. The stock’s fifty day moving average price is $150.97 and its two-hundred day moving average price is $148.93. Hyatt Hotels has a one year low of $104.76 and a one year high of $162.24.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the business earned $0.70 earnings per share. As a group, research analysts expect that Hyatt Hotels will post 3.86 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be given a $0.15 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Transactions at Hyatt Hotels

In other news, insider Mark Samuel Hoplamazian sold 51,388 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the transaction, the insider now owns 623,556 shares in the company, valued at approximately $93,389,982.12. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 23.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Asset Management One Co. Ltd. increased its stake in shares of Hyatt Hotels by 0.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after acquiring an additional 66 shares in the last quarter. O Shaughnessy Asset Management LLC increased its stake in Hyatt Hotels by 1.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 6,527 shares of the company’s stock valued at $1,042,000 after purchasing an additional 70 shares in the last quarter. PFG Investments LLC raised its holdings in shares of Hyatt Hotels by 1.5% during the third quarter. PFG Investments LLC now owns 4,846 shares of the company’s stock valued at $738,000 after purchasing an additional 70 shares during the period. Red Spruce Capital LLC boosted 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, Hunter Associates Investment Management LLC grew its stake in shares of Hyatt Hotels by 0.6% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock valued at $2,601,000 after buying an additional 95 shares during the period. 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.