Insider Selling: Hyatt Hotels (NYSE:H) Insider Sells $57,736.00 in Stock

Hyatt Hotels Corporation (NYSE:H) insider Kinsey Wolf sold 400 shares of Hyatt Hotels stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $144.34, for a total transaction of $57,736.00. Following the sale, the insider directly owned 945 shares in the company, valued at $136,401.30. The trade was a 29.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Kinsey Wolf also recently made the following trade(s):

• On Monday, March 23rd, Kinsey Wolf sold 400 shares of Hyatt Hotels stock. The stock was sold at an average price of $147.28, for a total transaction of $58,912.00.

Hyatt Hotels Stock Performance

Shares of H opened at $147.35 on Thursday. The company has a 50-day simple moving average of $158.82 and a two-hundred day simple moving average of $154.96. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $13.92 billion, a PE ratio of -263.13, a price-to-earnings-growth ratio of 1.72 and a beta of 1.22. Hyatt Hotels Corporation has a one year low of $102.43 and a one year high of $180.53.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, February 12th. The company reported $1.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $1.04. Hyatt Hotels had a positive return on equity of 5.53% and a negative net margin of 0.73%.The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter in the prior year, the business earned $0.42 EPS. On average, analysts anticipate that Hyatt Hotels Corporation will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Monday, March 2nd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Monday, March 2nd. Hyatt Hotels’s dividend payout ratio is presently -107.14%.

Hedge Funds Weigh In On Hyatt Hotels

Several institutional investors and hedge funds have recently modified their holdings of H. Principal Financial Group Inc. increased its holdings in shares of Hyatt Hotels by 21.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,715,085 shares of the company’s stock worth $669,221,000 after purchasing an additional 843,121 shares in the last quarter. Veritas Asset Management LLP bought a new position in shares of Hyatt Hotels during the third quarter valued at $29,067,000. JPMorgan Chase & Co. lifted its holdings in shares of Hyatt Hotels by 17.6% during the third quarter. JPMorgan Chase & Co. now owns 147,333 shares of the company’s stock valued at $20,911,000 after purchasing an additional 22,071 shares in the last quarter. Davidson Investment Advisors purchased a new stake in shares of Hyatt Hotels during the third quarter valued at $9,990,000. Finally, Assetmark Inc. increased its holdings in Hyatt Hotels by 4.4% in the 3rd quarter. Assetmark Inc. now owns 80,300 shares of the company’s stock worth $11,397,000 after buying an additional 3,387 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Hyatt Hotels from $178.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Mizuho increased their price target on shares of Hyatt Hotels from $203.00 to $223.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. Morgan Stanley dropped their price objective on shares of Hyatt Hotels from $194.00 to $185.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 10th. Evercore restated an “in-line” rating and issued a $175.00 price objective (up from $170.00) on shares of Hyatt Hotels in a report on Thursday, January 22nd. Finally, The Goldman Sachs Group began coverage on shares of Hyatt Hotels in a research note on Wednesday, January 14th. They set a “buy” rating and a $198.00 target price for the company. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $175.80.

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.