Hyatt Hotels Corporation (NYSE:H) Director Sells $132,700.00 in Stock

Hyatt Hotels Corporation (NYSE:H - Get Free Report) Director Cary D. Mcmillan sold 1,000 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $132.70, for a total value of $132,700.00. Following the completion of the transaction, the director now owns 498 shares in the company, valued at approximately $66,084.60. This represents a 66.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Hyatt Hotels Price Performance

H stock traded up $1.06 during mid-day trading on Monday, reaching $132.78. 1,293,343 shares of the company traded hands, compared to its average volume of 730,129. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $12.67 billion, a P/E ratio of 17.24, a P/E/G ratio of 4.33 and a beta of 1.42. Hyatt Hotels Corporation has a 52-week low of $102.43 and a 52-week high of $168.20. The company has a fifty day moving average price of $125.13 and a 200-day moving average price of $137.10.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.16. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.71 billion. Hyatt Hotels had a return on equity of 8.98% and a net margin of 11.94%. During the same quarter in the previous year, the firm earned $0.71 EPS. As a group, analysts anticipate that Hyatt Hotels Corporation will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.45%. Hyatt Hotels's dividend payout ratio (DPR) is presently 7.79%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Macquarie dropped their price objective on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. The Goldman Sachs Group raised their price objective on Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a research note on Friday, May 2nd. Melius Research upgraded Hyatt Hotels to a "strong-buy" rating in a research note on Monday, April 21st. Evercore ISI dropped their price objective on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Finally, Stifel Nicolaus dropped their price objective on Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating on the stock in a research note on Wednesday, April 16th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Hyatt Hotels has a consensus rating of "Hold" and a consensus target price of $149.72.

Institutional Trading of Hyatt Hotels

A number of large investors have recently modified their holdings of H. Blue Trust Inc. boosted its position in shares of Hyatt Hotels by 78.8% during the 4th quarter. Blue Trust Inc. now owns 581 shares of the company's stock valued at $88,000 after acquiring an additional 256 shares during the last quarter. Principal Securities Inc. lifted its position in Hyatt Hotels by 10.3% in the 4th quarter. Principal Securities Inc. now owns 1,579 shares of the company's stock worth $248,000 after buying an additional 147 shares during the last quarter. Sanctuary Advisors LLC lifted its position in Hyatt Hotels by 6.2% in the 4th quarter. Sanctuary Advisors LLC now owns 5,607 shares of the company's stock worth $892,000 after buying an additional 329 shares during the last quarter. CIBC Asset Management Inc bought a new stake in Hyatt Hotels in the 4th quarter worth approximately $217,000. Finally, Truist Financial Corp bought a new stake in Hyatt Hotels in the 4th quarter worth approximately $307,000. Institutional investors own 73.54% of the company's stock.

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.

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