Hyatt Hotels Co. (NYSE:H) Insider Mark R. Vondrasek Sells 3,776 Shares of Stock

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the transaction, the insider now owns 5,798 shares in the company, valued at $927,622.02. The trade was a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hyatt Hotels Trading Down 2.5 %

NYSE H opened at $156.36 on Wednesday. The firm has a market cap of $15.02 billion, a PE ratio of 11.79 and a beta of 1.50. Hyatt Hotels Co. has a 52 week low of $112.85 and a 52 week high of $162.24. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a 50 day moving average price of $153.19 and a 200 day moving average price of $149.40.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the firm earned $0.70 EPS. As a group, sell-side analysts forecast that Hyatt Hotels Co. will post 3.89 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.38%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s payout ratio is currently 4.52%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on H. Cfra set a $155.00 price objective on shares of Hyatt Hotels in a research note on Thursday, October 17th. Morgan Stanley decreased their price target on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Evercore ISI upped their price objective on Hyatt Hotels from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Monday, October 21st. Deutsche Bank Aktiengesellschaft lifted their target price on Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Finally, StockNews.com raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Fifteen research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $151.88.

Institutional Trading of Hyatt Hotels

Large investors have recently bought and sold shares of the stock. LRI Investments LLC purchased a new stake in Hyatt Hotels during the 1st quarter valued at about $26,000. Summit Securities Group LLC acquired a new stake in shares of Hyatt Hotels during the second quarter worth about $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Hyatt Hotels in the third quarter valued at approximately $30,000. Blue Trust Inc. increased its holdings in Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after buying an additional 213 shares during the period. Finally, EverSource Wealth Advisors LLC raised its position in Hyatt Hotels by 1,107.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock worth $50,000 after buying an additional 310 shares during the last quarter. Hedge funds and other institutional investors own 71.02% of the company’s stock.

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.