Hyatt Hotels Co. (NYSE:H) Receives Consensus Recommendation of "Hold" from Brokerages

Shares of Hyatt Hotels Co. (NYSE:H - Get Free Report) have been given an average recommendation of "Hold" by the nineteen analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $151.17.

H has been the subject of a number of analyst reports. Truist Financial lowered their price objective on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Evercore ISI lowered their price objective on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Barclays raised their price objective on Hyatt Hotels from $122.00 to $127.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. StockNews.com downgraded Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Finally, Wells Fargo & Company lowered their price objective on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th.

Insider Buying and Selling at Hyatt Hotels

In related news, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the transaction, the director now owns 37,927 shares of the company's stock, valued at $5,377,290.06. The trade was a 4.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total value of $122,950.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,600 shares of company stock valued at $1,517,798. Company insiders own 23.70% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Townsquare Capital LLC boosted its position in Hyatt Hotels by 3.4% in the fourth 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 last quarter. Kensington Investment Counsel LLC boosted its position in Hyatt Hotels by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company's stock worth $2,136,000 after purchasing an additional 95 shares during the last quarter. Bridges Investment Management Inc. boosted its position in Hyatt Hotels by 2.3% in the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company's stock worth $681,000 after purchasing an additional 99 shares during the last quarter. UMB Bank n.a. boosted its position in Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after purchasing an additional 104 shares during the last quarter. Finally, Arizona State Retirement System boosted its position in Hyatt Hotels by 0.9% in 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 last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Hyatt Hotels Stock Performance

Shares of H stock opened at $136.64 on Wednesday. The business's 50-day moving average price is $118.63 and its 200-day moving average price is $141.68. Hyatt Hotels has a 12 month low of $102.43 and a 12 month high of $168.20. The firm has a market capitalization of $13.14 billion, a price-to-earnings ratio of 10.98 and a beta of 1.36. 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 announced its quarterly earnings results on Thursday, May 1st. The company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period last year, the firm posted $0.71 earnings per share. Equities research analysts forecast that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Thursday, May 29th will be paid a $0.15 dividend. The ex-dividend date is Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.44%. Hyatt Hotels's dividend payout ratio (DPR) is presently 7.79%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.