Hyatt Hotels Corporation (NYSE:H) Stock Has Consensus Target Price of $197.80

Key Points

• Analysts maintain a Moderate Buy consensus on Hyatt Hotels, with 10 buy ratings and six holds among 16 firms. The average 12-month price target is $197.80, above the stock’s reported $158.49 opening price.
• Hyatt exceeded quarterly expectations, reporting $1.12 in EPS versus the $0.91 consensus and $1.83 billion in revenue versus the $1.82 billion estimate. Analysts expect full-year EPS of approximately $3.54.
• The company declared a quarterly dividend of $0.15, equivalent to $0.60 annually and a 0.4% yield. Insiders own 23.60% of shares, while institutional investors and hedge funds own 73.54%.

Hyatt Hotels Corporation (NYSE:H - Get Free Report) has been given an average rating of "Moderate Buy" by the sixteen research firms that are presently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $197.80.

Several equities analysts have commented on the company. Wells Fargo & Company raised their price objective on Hyatt Hotels from $182.00 to $186.00 and gave the company an "equal weight" rating in a research report on Thursday, July 16th. Morgan Stanley decreased their price target on shares of Hyatt Hotels from $218.00 to $209.00 and set an "overweight" rating for the company in a research note on Tuesday, August 18th. Susquehanna lifted their price target on shares of Hyatt Hotels from $180.00 to $185.00 and gave the company a "neutral" rating in a research report on Tuesday, August 11th. Stifel Nicolaus set a $182.00 price objective on shares of Hyatt Hotels in a research note on Friday, May 29th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Hyatt Hotels from $215.00 to $209.00 and set an "overweight" rating on the stock in a report on Friday, July 31st.

Hyatt Hotels Stock Down 0.3%

H stock opened at $158.49 on Friday. Hyatt Hotels has a fifty-two week low of $134.18 and a fifty-two week high of $206.86. The company has a market capitalization of $14.94 billion, a price-to-earnings ratio of 193.28 and a beta of 1.34. The business's 50 day moving average price is $172.39 and its two-hundred day moving average price is $172.21. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.62 and a current ratio of 0.62.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.12 EPS for the quarter, beating analysts' consensus estimates of $0.91 by $0.21. The company had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.82 billion. Hyatt Hotels had a return on equity of 7.27% and a net margin of 1.10%.The firm's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS. As a group, analysts forecast that Hyatt Hotels will post 3.54 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Thursday, August 27th were paid a $0.15 dividend. The ex-dividend date was Thursday, August 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels's dividend payout ratio is presently 73.17%.

Insider Buying and Selling

In other Hyatt Hotels news, Director Susan Kronick sold 1,700 shares of Hyatt Hotels stock in a transaction on Monday, August 17th. The stock was sold at an average price of $179.88, for a total transaction of $305,796.00. Following the completion of the transaction, the director owned 29,525 shares in the company, valued at approximately $5,310,957. The trade was a 5.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Amar Lalvani sold 1,364 shares of the business's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $163.06, for a total value of $222,413.84. Following the completion of the sale, the insider directly owned 4,894 shares in the company, valued at $798,015.64. This trade represents a 21.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 23.60% of the stock is owned by company insiders.

Institutional Trading of Hyatt Hotels

Several institutional investors have recently bought and sold shares of H. BlueCrest Capital Management Ltd bought a new stake in Hyatt Hotels during the 2nd quarter valued at about $7,829,000. Allworth Financial LP grew its holdings in shares of Hyatt Hotels by 31.5% during the second quarter. Allworth Financial LP now owns 634 shares of the company's stock valued at $123,000 after buying an additional 152 shares during the last quarter. Nykredit A S purchased a new stake in shares of Hyatt Hotels during the second quarter valued at approximately $8,018,000. HB Wealth Management LLC bought a new stake in shares of Hyatt Hotels during the second quarter valued at approximately $277,000. Finally, Nilsine Partners LLC bought a new stake in shares of Hyatt Hotels during the second quarter valued at approximately $4,009,000. 73.54% of the stock is owned by hedge funds and other institutional investors.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation NYSE: H is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and lifestyle accommodations to full-service and select-service hotels.

The company's brands include Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, The Unbound Collection by Hyatt, Destination by Hyatt, Hyatt Place and Hyatt House.

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