Hyatt Hotels Co. (NYSE:H) Given Consensus Rating of "Hold" by Brokerages

Hyatt Hotels Co. (NYSE:H - Get Free Report) has been assigned a consensus rating of "Hold" from the nineteen research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $151.83.

A number of research firms recently weighed in on H. Truist Financial decreased their target price on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Jefferies Financial Group reduced their target price on Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Evercore ISI upgraded shares of Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 price objective on the stock in a research report on Wednesday, March 5th. StockNews.com cut shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Finally, Stifel Nicolaus lowered their price objective on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating on the stock in a research report on Wednesday, April 16th.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Kinsey Wolf sold 1,000 shares of the business's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now directly owns 811 shares in the company, valued at approximately $99,712.45. The trade was a 55.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Mark R. Vondrasek sold 10,000 shares of the firm's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $1,168,000.00. Following the completion of the transaction, the insider now owns 9,337 shares of the company's stock, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,600 shares of company stock valued at $1,517,798 in the last ninety days. Insiders own 23.70% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Bamco Inc. NY lifted its stake in shares of Hyatt Hotels by 1.2% during the 4th quarter. Bamco Inc. NY now owns 5,550,789 shares of the company's stock worth $871,363,000 after purchasing an additional 67,385 shares during the period. Massachusetts Financial Services Co. MA increased its position in Hyatt Hotels by 0.3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock worth $447,376,000 after purchasing an additional 9,477 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Hyatt Hotels by 1.8% during the 4th quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company's stock worth $422,960,000 after buying an additional 46,413 shares during the last quarter. Bank of Nova Scotia grew its position in Hyatt Hotels by 2.2% during the fourth quarter. Bank of Nova Scotia now owns 1,716,986 shares of the company's stock valued at $269,532,000 after acquiring an additional 37,057 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Hyatt Hotels by 241.4% in the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after purchasing an additional 480,523 shares during the period. Institutional investors and hedge funds own 73.54% of the company's stock.

Hyatt Hotels Stock Performance

Shares of NYSE H traded up $2.20 during midday trading on Friday, hitting $113.10. The company's stock had a trading volume of 266,699 shares, compared to its average volume of 644,235. The stock has a fifty day moving average price of $124.10 and a 200 day moving average price of $144.80. The firm has a market capitalization of $10.87 billion, a price-to-earnings ratio of 9.08 and a beta of 1.35. Hyatt Hotels has a one year low of $102.43 and a one year high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). The company had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same quarter in the prior year, the company earned $0.64 EPS. On average, research analysts forecast that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.53%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

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.