Barclays Has Lowered Expectations for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H - Get Free Report) had its price target cut by stock analysts at Barclays from $151.00 to $122.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's target price suggests a potential upside of 8.16% from the company's current price.

A number of other research analysts also recently issued reports on H. Jefferies Financial Group reduced their price objective on Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Truist Financial decreased their price objective on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating for the company in a report on Friday, March 21st. Macquarie dropped their target price on shares of Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. The Goldman Sachs Group restated a "sell" rating and set a $110.00 price target (down previously from $150.00) on shares of Hyatt Hotels in a research note on Monday, April 14th. Finally, Wells Fargo & Company reduced their price objective on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $151.83.

Hyatt Hotels Stock Down 0.0 %

Shares of H stock traded down $0.05 on Tuesday, hitting $112.80. The stock had a trading volume of 445,347 shares, compared to its average volume of 647,461. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The business has a 50 day moving average of $122.83 and a 200 day moving average of $144.18. Hyatt Hotels has a 12-month low of $102.43 and a 12-month high of $168.20. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 9.07 and a beta of 1.35.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The firm had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter last year, the business posted $0.64 EPS. As a group, analysts expect that Hyatt Hotels will post 3.05 EPS for the current year.

Insider Buying and Selling at Hyatt Hotels

In other news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. This represents a 4.05 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kinsey Wolf sold 1,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the completion of the sale, the insider now owns 811 shares of the company's stock, valued at $99,712.45. The trade was a 55.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,600 shares of company stock valued at $1,517,798 in the last 90 days. Corporate insiders own 23.70% of the company's stock.

Institutional Trading of Hyatt Hotels

Hedge funds have recently added to or reduced their stakes in the business. Barclays PLC boosted its holdings in Hyatt Hotels by 2.3% during the 3rd quarter. Barclays PLC now owns 45,648 shares of the company's stock valued at $6,946,000 after acquiring an additional 1,032 shares during the period. Virtu Financial LLC bought a new position in shares of Hyatt Hotels in the third quarter worth approximately $1,048,000. Sanctuary Advisors LLC raised its holdings in Hyatt Hotels by 30.8% during the 3rd quarter. Sanctuary Advisors LLC now owns 5,278 shares of the company's stock valued at $825,000 after buying an additional 1,244 shares during the last quarter. World Investment Advisors LLC purchased a new stake in Hyatt Hotels during the 3rd quarter valued at $4,520,000. Finally, Tidal Investments LLC bought a new stake in Hyatt Hotels in the 3rd quarter worth $273,000. 73.54% of the stock is owned by institutional investors.

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.