Hyatt Hotels Co. (NYSE:H) Receives Average Rating of “Hold” from Analysts

Hyatt Hotels Co. (NYSE:H) has received a consensus recommendation of “Hold” from the twenty analysts that are presently covering the stock, MarketBeat Ratings reports. Thirteen equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $156.48.

Several equities research analysts recently commented on H shares. Morgan Stanley dropped their target price on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Stifel Nicolaus lifted their price objective on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a research note on Tuesday, November 26th. HSBC downgraded shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 target price for the company. in a research note on Friday, November 1st. Cfra set a $155.00 price objective on shares of Hyatt Hotels in a report on Thursday, October 17th. Finally, Evercore ISI raised their target price on Hyatt Hotels from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Monday, October 21st.

Hyatt Hotels Trading Down 0.4 %

Shares of H stock opened at $158.44 on Monday. 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 has a fifty-two week low of $125.44 and a fifty-two week high of $168.20. The firm’s 50 day moving average price is $157.06 and its two-hundred day moving average price is $152.02. The stock has a market cap of $15.22 billion, a price-to-earnings ratio of 11.94 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results 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. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period in the prior year, the company earned $0.70 EPS. On average, analysts anticipate that Hyatt Hotels will post 3.81 EPS for the current year.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the sale, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 23.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Hyatt Hotels

Several hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC acquired a new position in Hyatt Hotels during the 2nd quarter worth $902,000. Millennium Management LLC grew its position in Hyatt Hotels by 700.5% in the 2nd quarter. Millennium Management LLC now owns 122,746 shares of the company’s stock valued at $18,648,000 after buying an additional 107,412 shares in the last quarter. Creative Planning increased its stake in Hyatt Hotels by 16.6% during the 2nd quarter. Creative Planning now owns 4,244 shares of the company’s stock valued at $645,000 after buying an additional 603 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Hyatt Hotels by 8.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,996 shares of the company’s stock worth $303,000 after buying an additional 149 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Hyatt Hotels in the 2nd quarter worth approximately $610,000. 73.54% 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.