Hyatt Hotels (NYSE:H) Price Target Increased to $151.00 by Analysts at Stifel Nicolaus

Hyatt Hotels (NYSE:H) had its target price increased by Stifel Nicolaus from $141.00 to $151.00 in a research note published on Tuesday morning, Benzinga reports. The firm currently has a hold rating on the stock.

Other research analysts have also recently issued research reports about the stock. Robert W. Baird dropped their target price on shares of Hyatt Hotels from $162.00 to $158.00 and set a neutral rating for the company in a report on Wednesday, August 7th. Susquehanna dropped their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a neutral rating for the company in a report on Wednesday, August 14th. Morgan Stanley dropped their price objective on shares of Hyatt Hotels from $161.00 to $153.00 and set an equal weight rating for the company in a report on Wednesday, August 7th. JPMorgan Chase & Co. lifted their price target on shares of Hyatt Hotels from $171.00 to $180.00 and gave the stock an overweight rating in a report on Friday, July 19th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Hyatt Hotels from $127.00 to $120.00 and set a hold rating for the company in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of Hold and a consensus target price of $149.17.

Hyatt Hotels Stock Down 0.1 %

H stock opened at $145.11 on Tuesday. The stock has a market capitalization of $14.68 billion, a P/E ratio of 22.53 and a beta of 1.51. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. Hyatt Hotels has a 12 month low of $96.77 and a 12 month high of $162.24. The firm has a 50-day moving average price of $147.25 and a 200-day moving average price of $148.44.

Hyatt Hotels (NYSE:H) last posted its earnings results on Tuesday, August 6th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.58. The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.76 billion. Hyatt Hotels had a net margin of 10.21% and a return on equity of 8.44%. During the same quarter in the prior year, the business earned $0.82 earnings per share. As a group, equities research analysts anticipate that Hyatt Hotels will post 3.47 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 27th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend is Tuesday, August 27th. Hyatt Hotels’s dividend payout ratio (DPR) is 9.32%.

Insider Activity at Hyatt Hotels

In other news, Director Michael A. Rocca sold 1,189 shares of the stock in a transaction dated Thursday, June 13th. The shares were sold at an average price of $149.52, for a total transaction of $177,779.28. Following the transaction, the director now owns 20,219 shares of the company’s stock, valued at approximately $3,023,144.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Hyatt Hotels news, insider Joan Bottarini sold 305 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $148.00, for a total transaction of $45,140.00. Following the completion of the sale, the insider now directly owns 15,799 shares of the company’s stock, valued at approximately $2,338,252. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Rocca sold 1,189 shares of the firm’s stock in a transaction that occurred on Thursday, June 13th. The shares were sold at an average price of $149.52, for a total value of $177,779.28. Following the completion of the transaction, the director now owns 20,219 shares in the company, valued at approximately $3,023,144.88. The disclosure for this sale can be found here. 23.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hyatt Hotels

Several large investors have recently bought and sold shares of H. BNP Paribas Financial Markets boosted its stake in shares of Hyatt Hotels by 165.7% in the 1st quarter. BNP Paribas Financial Markets now owns 53,887 shares of the company’s stock worth $8,601,000 after buying an additional 33,603 shares during the last quarter. Retirement Systems of Alabama boosted its position in Hyatt Hotels by 0.3% in the first quarter. Retirement Systems of Alabama now owns 55,530 shares of the company’s stock worth $8,864,000 after purchasing an additional 146 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its stake in Hyatt Hotels by 31.9% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 39,485 shares of the company’s stock valued at $6,300,000 after purchasing an additional 9,559 shares during the period. Edgestream Partners L.P. purchased a new stake in shares of Hyatt Hotels during the 1st quarter valued at $3,413,000. Finally, Duality Advisers LP bought a new stake in shares of Hyatt Hotels during the 1st quarter worth $1,850,000. 71.02% of the stock is currently 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.