Hyatt Hotels Co. (NYSE:H) Insider Mark Samuel Hoplamazian Sells 51,388 Shares

Hyatt Hotels Co. (NYSE:H) insider Mark Samuel Hoplamazian sold 51,388 shares of the business’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the transaction, the insider now owns 623,556 shares of the company’s stock, valued at $93,389,982.12. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Mark Samuel Hoplamazian also recently made the following trade(s):

• On Tuesday, August 27th, Mark Samuel Hoplamazian sold 44,219 shares of Hyatt Hotels stock. The stock was sold at an average price of $148.14, for a total value of $6,550,602.66.

Hyatt Hotels Trading Up 1.9 %

Shares of NYSE:H traded up $2.81 during trading on Friday, reaching $151.93. 542,315 shares of the company traded hands, compared to its average volume of 610,674. 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 Co. has a 52-week low of $96.77 and a 52-week high of $162.24. The business’s fifty day moving average is $147.01 and its 200-day moving average is $149.05. The firm has a market capitalization of $15.37 billion, a price-to-earnings ratio of 23.32 and a beta of 1.51.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.58. The firm had revenue of $1.70 billion for 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 previous year, the company earned $0.82 earnings per share. As a group, analysts forecast that Hyatt Hotels Co. will post 3.47 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Tuesday, August 27th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date of this dividend is Tuesday, August 27th. Hyatt Hotels’s payout ratio is 9.32%.

Wall Street Analysts Forecast Growth

H has been the subject of several recent analyst reports. Barclays boosted their price objective on Hyatt Hotels from $153.00 to $159.00 and gave the stock an “equal weight” rating in a report on Friday, May 10th. StockNews.com lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Evercore ISI cut their target price on shares of Hyatt Hotels from $155.00 to $145.00 and set an “in-line” rating for the company in a research report on Wednesday, August 7th. Macquarie lowered their price target on Hyatt Hotels from $168.00 to $164.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Finally, Susquehanna cut their price objective on Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Hyatt Hotels currently has a consensus rating of “Hold” and a consensus price target of $148.50.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in H. LRI Investments LLC bought a new stake in shares of Hyatt Hotels during the 1st quarter valued at about $26,000. Riverview Trust Co purchased a new stake in Hyatt Hotels in the first quarter worth about $27,000. Summit Securities Group LLC bought a new stake in Hyatt Hotels during the 2nd quarter valued at approximately $30,000. Quadrant Capital Group LLC grew its holdings in shares of Hyatt Hotels by 49.8% during the 4th quarter. Quadrant Capital Group LLC now owns 382 shares of the company’s stock worth $50,000 after acquiring an additional 127 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in shares of Hyatt Hotels by 1,107.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock worth $50,000 after acquiring an additional 310 shares in the last quarter. 71.02% of the stock is owned by hedge funds and other institutional investors.

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.