Hyatt Hotels (NYSE:H) Price Target Raised to $146.00

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 firm currently has a "neutral" rating on the stock. Robert W. Baird's price objective would indicate a potential upside of 9.77% from the company's previous close.

H has been the topic of several other reports. Evercore ISI cut their price objective on Hyatt Hotels from $175.00 to $160.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Susquehanna lifted their price target on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Wells Fargo & Company decreased 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. Macquarie lowered their price objective on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Finally, Mizuho reduced their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Hyatt Hotels presently has an average rating of "Hold" and a consensus target price of $149.72.

Hyatt Hotels Trading Up 1.9%

H traded up $2.50 during trading on Friday, hitting $133.01. 930,499 shares of the stock traded hands, compared to its average volume of 707,263. The firm has a market capitalization of $12.70 billion, a P/E ratio of 10.69 and a beta of 1.42. Hyatt Hotels has a 12-month low of $102.43 and a 12-month high of $168.20. 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 firm has a 50-day moving average of $120.27 and a 200 day moving average of $139.48.

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

Insider Activity at Hyatt Hotels

In related news, insider Jnp Parachute Mirror Trust K sold 44,466 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $5,902,861.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jnp 2010-Pg Trust sold 266,793 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $35,416,770.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 375,620 shares of company stock worth $49,694,255. 23.70% of the stock is owned by insiders.

Institutional Trading of Hyatt Hotels

Hedge funds have recently bought and sold shares of the stock. SCS Capital Management LLC bought a new stake in Hyatt Hotels in the first quarter worth $407,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Hyatt Hotels by 8.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 143,311 shares of the company's stock valued at $17,556,000 after buying an additional 11,252 shares in the last quarter. United Services Automobile Association purchased a new stake in Hyatt Hotels in the 1st quarter valued at about $325,000. Goldman Sachs Group Inc. increased its position in shares of Hyatt Hotels by 7.6% during the first quarter. Goldman Sachs Group Inc. now owns 426,359 shares of the company's stock worth $52,229,000 after acquiring an additional 29,976 shares during the period. Finally, Nightview Capital LLC raised its stake in shares of Hyatt Hotels by 146.0% during the first quarter. Nightview Capital LLC now owns 53,376 shares of the company's stock valued at $6,539,000 after acquiring an additional 31,679 shares in the last quarter. Hedge funds and other 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.