Hyatt Hotels (NYSE:H) Price Target Raised to $146.00 at Robert W. Baird

Hyatt Hotels (NYSE:H - Get Free Report) had its target price raised by stock analysts at Robert W. Baird from $142.00 to $146.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Robert W. Baird's price target would indicate a potential upside of 10.31% from the company's current price.

Other equities research analysts also recently issued research reports about the stock. Macquarie decreased their price target on shares of Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Truist Financial decreased their price target on shares of Hyatt Hotels from $156.00 to $140.00 and set a "buy" rating on the stock in a research note on Friday. The Goldman Sachs Group lifted their price target on shares of Hyatt Hotels from $110.00 to $123.00 and gave the stock a "sell" rating in a research note on Friday, May 2nd. Mizuho decreased their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Finally, Stifel Nicolaus reduced their target price on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating on the stock in a research note on Wednesday, April 16th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $149.72.

Hyatt Hotels Stock Performance

H stock traded up $0.91 on Friday, reaching $132.35. 1,419,482 shares of the company were exchanged, compared to its average volume of 704,974. Hyatt Hotels has a 12 month low of $102.43 and a 12 month high of $168.20. The stock's fifty day moving average price is $120.16 and its 200 day moving average price is $139.64. The firm has a market capitalization of $12.63 billion, a PE ratio of 10.64 and a beta of 1.36. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The firm had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the previous year, the company earned $0.71 earnings per share. On average, research analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Insider Buying and Selling

In other Hyatt Hotels news, insider Kinsey Wolf sold 1,000 shares of the business's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the sale, the insider now directly owns 811 shares of the company's stock, valued at approximately $99,712.45. The trade was a 55.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of the business's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now directly owns 37,927 shares of the company's stock, valued at $5,377,290.06. This represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 377,220 shares of company stock worth $49,921,103 in the last 90 days. Corporate insiders own 23.70% of the company's stock.

Institutional Trading of Hyatt Hotels

Several institutional investors and hedge funds have recently added to or reduced their stakes in H. Truist Financial Corp acquired a new stake in shares of Hyatt Hotels in the 4th quarter valued at approximately $307,000. Massachusetts Financial Services Co. MA boosted its stake in Hyatt Hotels by 0.3% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock worth $447,376,000 after acquiring an additional 9,477 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Hyatt Hotels by 1.8% during the 4th quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company's stock worth $422,960,000 after acquiring an additional 46,413 shares during the last quarter. Proficio Capital Partners LLC bought a new position in Hyatt Hotels during the 4th quarter worth approximately $7,072,000. Finally, Blue Trust Inc. boosted its stake in Hyatt Hotels by 78.8% during the 4th quarter. Blue Trust Inc. now owns 581 shares of the company's stock worth $88,000 after acquiring an additional 256 shares during the last quarter. 73.54% of the stock is owned by 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.