Hyatt Hotels Co. (NYSE:H) Insider Sells $521,510.73 in Stock

Hyatt Hotels Co. (NYSE:H - Get Free Report) insider David Udell sold 3,891 shares of Hyatt Hotels stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $134.03, for a total transaction of $521,510.73. Following the completion of the transaction, the insider now directly owns 16,756 shares in the company, valued at approximately $2,245,806.68. The trade was a 18.85% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Hyatt Hotels Trading Down 1.8%

H traded down $2.41 during trading hours on Friday, reaching $130.65. The company's stock had a trading volume of 419,584 shares, compared to its average volume of 716,576. The business's 50-day moving average is $122.61 and its 200-day moving average is $138.45. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a market cap of $12.47 billion, a PE ratio of 10.51 and a beta of 1.42. Hyatt Hotels Co. has a fifty-two week low of $102.43 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.16. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the previous year, the firm earned $0.71 EPS. As a group, equities research analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Thursday, May 29th were issued a $0.15 dividend. The ex-dividend date was Thursday, May 29th. This represents a $0.60 annualized dividend and a yield of 0.46%. Hyatt Hotels's dividend payout ratio (DPR) is 7.79%.

Analysts Set New Price Targets

Several brokerages recently issued reports on H. Melius Research raised shares of Hyatt Hotels to a "strong-buy" rating in a report on Monday, April 21st. Morgan Stanley reduced their price target on Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Stifel Nicolaus decreased their target price on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating for the company in a research note on Wednesday, April 16th. Mizuho lowered their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a report on Friday, February 14th. Finally, The Goldman Sachs Group lifted their price objective on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a report on Friday, May 2nd. Two analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $149.72.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in H. Townsquare Capital LLC boosted its stake in Hyatt Hotels by 3.4% during the 4th quarter. Townsquare Capital LLC now owns 2,801 shares of the company's stock worth $440,000 after purchasing an additional 92 shares during the period. Kensington Investment Counsel LLC grew its stake in shares of Hyatt Hotels by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company's stock valued at $2,136,000 after purchasing an additional 95 shares during the last quarter. Bridges Investment Management Inc. increased its holdings in shares of Hyatt Hotels by 2.3% in the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company's stock valued at $681,000 after purchasing an additional 99 shares during the period. Arizona State Retirement System lifted its holdings in shares of Hyatt Hotels by 0.9% during the fourth quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock worth $2,049,000 after purchasing an additional 110 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its position in Hyatt Hotels by 5.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,093 shares of the company's stock valued at $256,000 after buying an additional 110 shares during the last quarter. Institutional investors and hedge funds own 73.54% of the company's stock.

About Hyatt Hotels

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.