Hyatt Hotels Corporation (NYSE:H) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts have given Hyatt Hotels Corporation an average recommendation of "Moderate Buy", with 9 buy ratings and 2 strong buy ratings among the 20 analysts covering the company.
• Hyatt's most recent quarterly earnings showed $1.81 billion in revenue, exceeding analysts’ expectations of $1.74 billion, and reported an earnings per share of $0.68 which surpassed the consensus estimate of $0.62.
• The company recently announced a quarterly dividend of $0.15, yielding 0.4%, paid on September 10th to investors of record as of August 27th.

Hyatt Hotels Corporation (NYSE:H - Get Free Report) has earned an average rating of "Moderate Buy" from the twenty analysts that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $152.6842.

H has been the subject of several recent research reports. Robert W. Baird lifted their target price on shares of Hyatt Hotels from $148.00 to $150.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Barclays lowered their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set an "equal weight" rating for the company in a report on Friday, August 8th. Raymond James Financial upgraded shares of Hyatt Hotels from a "market perform" rating to a "strong-buy" rating and set a $165.00 target price for the company in a report on Tuesday, July 1st. Citigroup upgraded shares of Hyatt Hotels from a "neutral" rating to a "buy" rating and lifted their target price for the company from $138.00 to $167.00 in a report on Tuesday, September 9th. Finally, Truist Financial lifted their target price on shares of Hyatt Hotels from $140.00 to $159.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd.

Insider Buying and Selling

In related news, insider David Udell sold 4,051 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $145.00, for a total value of $587,395.00. Following the completion of the transaction, the insider directly owned 16,756 shares in the company, valued at $2,429,620. The trade was a 19.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Cary D. Mcmillan sold 1,000 shares of the business's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $132.70, for a total transaction of $132,700.00. Following the completion of the transaction, the director owned 498 shares of the company's stock, valued at approximately $66,084.60. The trade was a 66.76% decrease in their ownership of the stock. The disclosure for this sale can be found here. 23.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Hyatt Hotels

Hedge funds have recently modified their holdings of the business. Bernard Wealth Management Corp. bought a new stake in shares of Hyatt Hotels during the 4th quarter valued at $26,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Hyatt Hotels by 86.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 239 shares of the company's stock valued at $33,000 after buying an additional 111 shares in the last quarter. Bank of Jackson Hole Trust purchased a new position in shares of Hyatt Hotels during the 1st quarter valued at $31,000. MAI Capital Management lifted its stake in shares of Hyatt Hotels by 53.4% during the 2nd quarter. MAI Capital Management now owns 270 shares of the company's stock valued at $38,000 after buying an additional 94 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of Hyatt Hotels by 18,500.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 372 shares of the company's stock valued at $52,000 after buying an additional 370 shares in the last quarter. Institutional investors own 73.54% of the company's stock.

Hyatt Hotels Stock Performance

Shares of H opened at $140.78 on Tuesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.70 and a quick ratio of 0.70. Hyatt Hotels has a one year low of $102.43 and a one year high of $168.20. The company has a 50-day simple moving average of $143.67 and a two-hundred day simple moving average of $132.32. The firm has a market capitalization of $13.44 billion, a PE ratio of 33.44, a price-to-earnings-growth ratio of 2.26 and a beta of 1.43.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.62 by $0.06. Hyatt Hotels had a net margin of 6.39% and a return on equity of 6.54%. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.74 billion. During the same period last year, the business posted $1.53 earnings per share. On average, analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Investors of record on Wednesday, August 27th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Wednesday, August 27th. Hyatt Hotels's payout ratio is presently 14.25%.

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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