Brokerages Set Hyatt Hotels Co. (NYSE:H) Price Target at $138.24

Shares of Hyatt Hotels Co. (NYSE:H - Get Free Report) have been assigned a consensus recommendation of "Hold" from the sixteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $138.24.

H has been the subject of several analyst reports. Barclays raised their target price on Hyatt Hotels from $119.00 to $128.00 and gave the stock an "equal weight" rating in a research report on Monday, January 29th. Robert W. Baird boosted their target price on shares of Hyatt Hotels from $116.00 to $134.00 and gave the company a "neutral" rating in a research note on Tuesday, February 13th. Mizuho began coverage on shares of Hyatt Hotels in a research note on Tuesday, March 26th. They set a "buy" rating and a $197.00 price target on the stock. Truist Financial lifted their target price on Hyatt Hotels from $143.00 to $172.00 and gave the company a "buy" rating in a report on Thursday, March 14th. Finally, Evercore ISI reissued an "in-line" rating and issued a $135.00 price target on shares of Hyatt Hotels in a report on Monday, February 5th.

Insider Activity

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 75,457 shares of Hyatt Hotels stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $158.47, for a total transaction of $11,957,670.79. Following the completion of the transaction, the insider now directly owns 459,000 shares of the company's stock, valued at $72,737,730. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 75,457 shares of the company's stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total value of $11,957,670.79. Following the completion of the sale, the insider now directly owns 459,000 shares in the company, valued at approximately $72,737,730. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Traubert Foundation Pritzker sold 704,229 shares of Hyatt Hotels stock in a transaction dated Friday, March 22nd. The shares were sold at an average price of $157.97, for a total value of $111,247,055.13. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,077,803 shares of company stock worth $325,526,849. 22.15% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Bank of New York Mellon Corp grew its position in Hyatt Hotels by 59.4% during the 1st quarter. Bank of New York Mellon Corp now owns 256,384 shares of the company's stock worth $24,472,000 after purchasing an additional 95,574 shares during the period. American Century Companies Inc. increased its stake in shares of Hyatt Hotels by 31.4% during the first quarter. American Century Companies Inc. now owns 3,991 shares of the company's stock worth $381,000 after purchasing an additional 953 shares in the last quarter. Citigroup Inc. lifted its stake in Hyatt Hotels by 13.2% in the 1st quarter. Citigroup Inc. now owns 18,865 shares of the company's stock valued at $1,801,000 after buying an additional 2,194 shares in the last quarter. Natixis Advisors L.P. acquired a new position in shares of Hyatt Hotels during the first quarter valued at approximately $1,214,000. Finally, MetLife Investment Management LLC purchased a new position in shares of Hyatt Hotels in the first quarter valued at approximately $94,000. 71.02% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Trading Up 0.0 %

Shares of Hyatt Hotels stock traded up $0.06 during trading on Tuesday, hitting $157.35. 606,004 shares of the company were exchanged, compared to its average volume of 704,719. The firm's fifty day moving average price is $147.88 and its 200 day moving average price is $127.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59. The firm has a market capitalization of $16.19 billion, a P/E ratio of 77.13, a price-to-earnings-growth ratio of 22.39 and a beta of 1.49. Hyatt Hotels has a 1-year low of $96.77 and a 1-year high of $161.50.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings data on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.26. The company had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same quarter in the prior year, the business posted $2.55 EPS. As a group, sell-side analysts expect that Hyatt Hotels will post 3.25 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Wednesday, February 28th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.38%. The ex-dividend date of this dividend was Tuesday, February 27th. Hyatt Hotels's dividend payout ratio is presently 29.41%.

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.