Brokerages Set Hyatt Hotels Corporation (NYSE:H) Target Price at $152.26

Key Points

• Hyatt Hotels Corporation has received an average rating of "Moderate Buy" from twenty brokerages, with a consensus target price of $152.26.
• Insider transactions include a sale of 1,600 shares by Director Susan D. Kronick at an average price of $135.00, which marked a 4.06% decrease in her position.
• The company announced a quarterly dividend of $0.15 per share, providing an annualized yield of 0.4%.

Shares of Hyatt Hotels Corporation (NYSE:H - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twenty ratings firms that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, nine have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $152.2632.

Several equities research analysts have issued reports on H shares. Raymond James Financial upgraded shares of Hyatt Hotels from a "market perform" rating to a "strong-buy" rating and set a $165.00 price objective for the company in a research report on Tuesday, July 1st. Robert W. Baird raised their price objective on shares of Hyatt Hotels from $148.00 to $150.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. The Goldman Sachs Group lifted their price target on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a research report on Friday, May 2nd. Barclays dropped their price target on shares of Hyatt Hotels from $158.00 to $156.00 and set an "equal weight" rating for the company in a research report on Friday, August 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Hyatt Hotels from a "hold" rating to a "buy" rating in a research report on Monday, July 14th.

Hyatt Hotels Stock Performance

NYSE:H traded down $2.5190 during mid-day trading on Friday, hitting $141.5410. The stock had a trading volume of 706,618 shares, compared to its average volume of 957,975. Hyatt Hotels has a twelve month low of $102.43 and a twelve month high of $168.20. The stock has a market cap of $13.52 billion, a price-to-earnings ratio of 33.62, a PEG ratio of 2.25 and a beta of 1.46. The company's 50 day simple moving average is $142.06 and its 200 day simple moving average is $132.71. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.70 and a current ratio of 0.70.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.06. The business had revenue of $1.81 billion during 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 business posted $1.53 EPS. On average, equities research analysts forecast that Hyatt Hotels will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 27th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, August 27th. Hyatt Hotels's payout ratio is presently 14.25%.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the business's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $135.00, for a total transaction of $216,000.00. Following the sale, the director directly owned 37,825 shares of the company's stock, valued at $5,106,375. The trade was a 4.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Cary D. Mcmillan sold 1,000 shares of the stock in a transaction on Friday, June 20th. The shares were sold at an average price of $132.70, for a total value of $132,700.00. Following the completion of the sale, the director owned 498 shares of the company's stock, valued at $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. Insiders have sold a total of 6,491 shares of company stock valued at $870,211 over the last three months. 23.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Hyatt Hotels

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

About Hyatt Hotels

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.