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

Key Points

• Hyatt Hotels Corporation has received a consensus rating of "Moderate Buy" from analysts, with a total of twenty ratings firms evaluating the stock.
• The company's shares opened at $148.67 and have a market cap of $14.19 billion, with a one-year price range of $102.43 to $168.20.
• Hyatt recently declared a quarterly dividend of $0.15 per share, representing an annualized yield of 0.40%, and a dividend payout ratio of 7.79%.

Hyatt Hotels Corporation (NYSE:H - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $150.74.

Several analysts recently issued reports on the company. Evercore ISI dropped their target price on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Deutsche Bank Aktiengesellschaft upgraded Hyatt Hotels from a "hold" rating to a "buy" rating in a research note on Monday, July 14th. Truist Financial dropped their price objective on Hyatt Hotels from $156.00 to $140.00 and set a "buy" rating on the stock in a research note on Friday, May 30th. The Goldman Sachs Group upped 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. Finally, Raymond James Financial upgraded Hyatt Hotels from a "market perform" rating to a "strong-buy" rating and set a $165.00 price objective on the stock in a research note on Tuesday, July 1st.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider David Udell sold 3,891 shares of the company's stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $134.03, for a total transaction of $521,510.73. Following the completion of the sale, the insider directly owned 16,756 shares in the company, valued at $2,245,806.68. This represents a 18.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Jnp Parachute Mirror Trust L sold 53,361 shares of the company's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $7,083,672.75. The disclosure for this sale can be found here. Over the last quarter, insiders sold 371,111 shares of company stock valued at $49,273,516. 23.70% of the stock is currently owned by insiders.

Institutional Trading of Hyatt Hotels

A number of institutional investors have recently modified their holdings of the company. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust bought a new position in Hyatt Hotels in the first quarter worth about $31,000. MassMutual Private Wealth & Trust FSB raised its stake in Hyatt Hotels by 86.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 239 shares of the company's stock worth $33,000 after buying an additional 111 shares in the last quarter. Fifth Third Bancorp raised its stake in Hyatt Hotels by 33.2% in the second quarter. Fifth Third Bancorp now owns 385 shares of the company's stock worth $54,000 after buying an additional 96 shares in the last quarter. Finally, UMB Bank n.a. raised its stake in Hyatt Hotels by 138.8% in the first quarter. UMB Bank n.a. now owns 499 shares of the company's stock worth $61,000 after buying an additional 290 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Hyatt Hotels Stock Down 0.6%

Shares of H stock traded down $0.90 on Monday, hitting $147.92. 915,201 shares of the stock were exchanged, compared to its average volume of 910,744. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $14.12 billion, a P/E ratio of 19.21, a price-to-earnings-growth ratio of 2.73 and a beta of 1.42. The business has a 50-day moving average of $138.74 and a 200 day moving average of $134.95. Hyatt Hotels has a fifty-two week low of $102.43 and a fifty-two week high of $168.20.

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

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Thursday, May 29th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. Hyatt Hotels's dividend payout ratio 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.