Brokerages Set Hyatt Hotels Co. (NYSE:H) PT at $152.88

Hyatt Hotels Co. (NYSE:H) has received a consensus rating of “Hold” from the twenty-one analysts that are currently covering the firm, MarketBeat Ratings reports. Fourteen investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $152.88.

Several analysts have commented on the stock. Wells Fargo & Company dropped their target price on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft raised their target price on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research note on Friday, November 1st. HSBC cut Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target on the stock. in a research report on Friday, November 1st. Truist Financial reduced their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Finally, Stifel Nicolaus boosted 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.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the sale, the insider now owns 5,798 shares in the company, valued at $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

Several institutional investors have recently made changes to their positions in H. Asset Management One Co. Ltd. raised its stake in shares of Hyatt Hotels by 0.4% during the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock worth $2,365,000 after acquiring an additional 66 shares in the last quarter. PFG Investments LLC lifted its holdings in shares of Hyatt Hotels by 1.5% during the 3rd 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 last quarter. Hunter Associates Investment Management LLC grew its stake in Hyatt Hotels by 0.6% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock worth $2,601,000 after buying an additional 95 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in Hyatt Hotels by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the company’s stock valued at $1,945,000 after buying an additional 100 shares during the last quarter. Finally, AdvisorShares Investments LLC boosted its holdings in Hyatt Hotels by 23.9% in the second quarter. AdvisorShares Investments LLC now owns 559 shares of the company’s stock worth $83,000 after acquiring an additional 108 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Stock Up 2.5 %

Shares of NYSE:H opened at $155.14 on Friday. The firm has a fifty day moving average of $155.21 and a 200 day moving average of $150.61. Hyatt Hotels has a 52-week low of $124.40 and a 52-week high of $168.20. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market capitalization of $14.90 billion, a PE ratio of 11.69 and a beta of 1.50.

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

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend was Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

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.