Hyatt Hotels Co. (NYSE:H) Short Interest Update

Hyatt Hotels Co. (NYSE:H) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 3,960,000 shares, a decrease of 7.0% from the November 15th total of 4,260,000 shares. Based on an average trading volume of 528,800 shares, the days-to-cover ratio is presently 7.5 days.

Insider Buying and Selling

In related news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the sale, the insider now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 23.50% of the stock is currently owned by insiders.

Institutional Trading of Hyatt Hotels

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC purchased a new stake in shares of Hyatt Hotels during the 2nd quarter valued at $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Hyatt Hotels in the third quarter valued at about $30,000. Blue Trust Inc. boosted its holdings in Hyatt Hotels by 190.2% in the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after acquiring an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Hyatt Hotels by 1,107.1% during the second quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock worth $50,000 after acquiring an additional 310 shares during the last quarter. Finally, iA Global Asset Management Inc. acquired a new position in shares of Hyatt Hotels during the third quarter valued at about $51,000. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Trading Down 1.5 %

Shares of NYSE H opened at $157.57 on Wednesday. Hyatt Hotels has a twelve month low of $124.40 and a twelve month high of $168.20. The firm has a market cap of $15.13 billion, a PE ratio of 11.87 and a beta of 1.50. The business has a fifty day simple moving average of $155.25 and a two-hundred day simple moving average of $150.57. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same period in the previous year, the company posted $0.70 earnings per share. Analysts expect that Hyatt Hotels will post 3.89 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.38%. The ex-dividend date was Friday, November 22nd. Hyatt Hotels’s payout ratio is 4.52%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Truist Financial reduced their price target on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating on the stock in a report on Friday, November 1st. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Barclays boosted their target price on Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Finally, Morgan Stanley reduced their price objective on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Fifteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Hyatt Hotels currently has a consensus rating of “Hold” and an average price target of $152.88.

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.