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

Key Points

• Hyatt Hotels Corporation has received an average recommendation of "Moderate Buy" from 21 brokerages, with 9 analysts giving a buy recommendation and 2 assigning a strong buy.
• The company's latest quarterly earnings report showed an earnings per share of $0.68, surpassing the consensus estimate of $0.62.
• Hyatt recently announced a quarterly dividend of $0.15 per share, representing a 0.4% dividend yield, with a payout ratio of 14.25%.

Hyatt Hotels Corporation (NYSE:H - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-one research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, nine have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $152.6842.

Several analysts recently weighed in on H shares. Robert W. Baird lifted their price objective on shares of Hyatt Hotels from $148.00 to $150.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Hyatt Hotels in a research note on Wednesday. Barclays lowered their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set an "equal weight" rating on the stock in a research note on Friday, August 8th. Citigroup raised shares of Hyatt Hotels from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $138.00 to $167.00 in a research note on Tuesday, September 9th. Finally, Raymond James Financial raised shares of Hyatt Hotels from a "market perform" rating to a "strong-buy" rating and set a $165.00 target price on the stock in a research report on Tuesday, July 1st.

Hyatt Hotels Trading Down 2.0%

Shares of NYSE:H opened at $142.85 on Friday. The company has a market cap of $13.64 billion, a PE ratio of 33.93, a P/E/G ratio of 2.29 and a beta of 1.41. The company's 50-day moving average price is $142.19 and its 200 day moving average price is $134.18. Hyatt Hotels has a fifty-two week low of $102.43 and a fifty-two week high of $168.20. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.45.

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

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 27th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, August 27th. Hyatt Hotels's dividend payout ratio (DPR) is 14.25%.

Insider Buying and Selling at Hyatt Hotels

In other news, insider David Udell sold 4,051 shares of Hyatt Hotels 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 transaction, the insider directly owned 16,756 shares of the company's stock, valued at $2,429,620. This trade represents a 19.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 23.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in shares of Hyatt Hotels during the first quarter worth approximately $31,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Hyatt Hotels by 86.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 239 shares of the company's stock worth $33,000 after purchasing an additional 111 shares during the period. MAI Capital Management boosted its holdings in shares of Hyatt Hotels by 53.4% during the second quarter. MAI Capital Management now owns 270 shares of the company's stock worth $38,000 after purchasing an additional 94 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Hyatt Hotels by 18,500.0% during the second quarter. Hantz Financial Services Inc. now owns 372 shares of the company's stock worth $52,000 after purchasing an additional 370 shares during the period. Finally, Fifth Third Bancorp boosted its holdings in shares of Hyatt Hotels by 33.2% during the second quarter. Fifth Third Bancorp now owns 385 shares of the company's stock worth $54,000 after purchasing an additional 96 shares during the period. 73.54% of the stock is owned by hedge funds and other institutional investors.

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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