Hyatt Hotels Corporation (NYSE:H) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Hyatt Hotels Corporation (NYSE:H) have been given a consensus recommendation of “Moderate Buy” by the sixteen brokerages that are covering the stock, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $194.3571.

Several equities analysts recently issued reports on the company. Morgan Stanley raised their price target on Hyatt Hotels from $195.00 to $208.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Weiss Ratings restated a “hold (c-)” rating on shares of Hyatt Hotels in a research report on Wednesday, June 24th. Susquehanna reduced their target price on shares of Hyatt Hotels from $185.00 to $180.00 and set a “neutral” rating on the stock in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on shares of Hyatt Hotels from $186.00 to $205.00 and gave the stock an “overweight” rating in a research report on Friday, May 29th. Finally, Mizuho boosted their price target on shares of Hyatt Hotels from $219.00 to $221.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th.

Insider Activity

In other Hyatt Hotels news, Director Cary D. Mcmillan sold 1,119 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $174.96, for a total transaction of $195,780.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jnp 2010-Pg Trust sold 213,434 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $167.75, for a total value of $35,803,553.50. Following the completion of the transaction, the insider directly owned 213,434 shares in the company, valued at approximately $35,803,553.50. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 236,658 shares of company stock worth $39,977,159. Corporate insiders own 23.60% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Johnson Financial Group Inc. grew its position in shares of Hyatt Hotels by 450.0% during the 3rd quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock worth $25,000 after buying an additional 144 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Hyatt Hotels in the 4th quarter valued at approximately $26,000. DV Equities LLC bought a new position in Hyatt Hotels during the 4th quarter worth approximately $32,000. Ares Financial Consulting LLC bought a new position in Hyatt Hotels during the 4th quarter worth approximately $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Hyatt Hotels during the third quarter valued at approximately $34,000. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Stock Up 0.1%

NYSE:H opened at $191.38 on Monday. The company has a market cap of $18.02 billion, a price-to-earnings ratio of -546.81 and a beta of 1.32. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.60 and a current ratio of 0.60. The stock’s fifty day moving average price is $185.13 and its two-hundred day moving average price is $168.41. Hyatt Hotels has a 52-week low of $133.51 and a 52-week high of $206.86.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, April 30th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.57 by $0.06. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Hyatt Hotels had a positive return on equity of 6.01% and a negative net margin of 0.48%.During the same period last year, the firm earned $0.46 EPS. On average, analysts anticipate that Hyatt Hotels will post 3.58 EPS for the current year.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.