Hyatt Hotels Co. (NYSE:H) Director Sells $216,000.00 in Stock

Hyatt Hotels Co. (NYSE:H - Get Free Report) Director Susan D. Kronick sold 1,600 shares of the firm'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 completion of the transaction, the director now owns 37,825 shares of the company's stock, valued at approximately $5,106,375. This trade represents a 4.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hyatt Hotels Stock Down 1.8%

Shares of NYSE H traded down $2.41 during mid-day trading on Friday, reaching $130.65. 419,584 shares of the company were exchanged, compared to its average volume of 716,576. The firm has a 50-day moving average of $122.61 and a 200 day moving average of $138.45. Hyatt Hotels Co. has a 1 year low of $102.43 and a 1 year high of $168.20. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock has a market cap of $12.47 billion, a price-to-earnings ratio of 10.51 and a beta of 1.42.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.71 billion. During the same quarter last year, the company posted $0.71 earnings per share. On average, research analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date of this dividend was Thursday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is presently 7.79%.

Hedge Funds Weigh In On Hyatt Hotels

A number of large investors have recently bought and sold shares of the business. Nicola Wealth Management LTD. grew its stake in Hyatt Hotels by 18.9% during the 1st quarter. Nicola Wealth Management LTD. now owns 138,500 shares of the company's stock valued at $16,966,000 after acquiring an additional 22,000 shares in the last quarter. Harold Davidson & Associates Inc. acquired a new stake in shares of Hyatt Hotels during the first quarter valued at about $203,000. SCS Capital Management LLC purchased a new stake in Hyatt Hotels in the first quarter valued at approximately $407,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake 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 worth $17,556,000 after acquiring an additional 11,252 shares in the last quarter. Finally, United Services Automobile Association acquired a new stake in shares of Hyatt Hotels during the first quarter worth about $325,000. Institutional investors and hedge funds own 73.54% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Morgan Stanley lowered their price target on shares of Hyatt Hotels from $127.00 to $112.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Barclays lifted their price objective on Hyatt Hotels from $122.00 to $127.00 and gave the stock an "equal weight" rating in a research report on Friday, May 2nd. Macquarie cut their target price on Hyatt Hotels from $155.00 to $150.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Wall Street Zen downgraded Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Finally, Jefferies Financial Group lowered their price objective on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $149.72.

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.