Hyatt Hotels (NYSE:H) Releases Earnings Results, Misses Expectations By $0.02 EPS

Hyatt Hotels (NYSE:H - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.71 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.02), Briefing.com reports. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The company had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.72 billion. During the same period in the previous year, the business earned $0.41 earnings per share.

Hyatt Hotels Price Performance

NYSE:H traded down $0.07 on Friday, reaching $152.20. 594,390 shares of the company's stock traded hands, compared to its average volume of 668,221. The stock has a 50-day simple moving average of $154.44 and a 200-day simple moving average of $134.51. The company has a quick ratio of 0.59, a current ratio of 0.60 and a debt-to-equity ratio of 0.65. Hyatt Hotels has a 12 month low of $96.77 and a 12 month high of $161.50. The firm has a market cap of $15.40 billion, a PE ratio of 74.16, a P/E/G ratio of 21.47 and a beta of 1.49.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 11th. Investors of record on Wednesday, May 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend is Wednesday, May 29th. Hyatt Hotels's dividend payout ratio (DPR) is 29.41%.

Analyst Ratings Changes

A number of equities analysts have recently commented on H shares. Mizuho cut their price objective on shares of Hyatt Hotels from $197.00 to $195.00 and set a "buy" rating for the company in a research report on Tuesday, April 23rd. Royal Bank of Canada upped their target price on Hyatt Hotels from $37.00 to $41.00 and gave the stock a "sector perform" rating in a research note on Wednesday, February 14th. TD Cowen lifted their price target on Hyatt Hotels from $95.00 to $160.00 and gave the company a "market perform" rating in a research report on Thursday, March 21st. Wells Fargo & Company raised their target price on shares of Hyatt Hotels from $138.00 to $160.00 and gave the company an "overweight" rating in a research note on Monday, February 26th. Finally, Morgan Stanley cut shares of Hyatt Hotels from an "overweight" rating to an "equal weight" rating and boosted their price target for the stock from $149.00 to $156.00 in a research note on Monday, March 11th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $143.56.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Margaret C. Egan sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $157.78, for a total transaction of $157,780.00. Following the completion of the transaction, the insider now owns 20,546 shares in the company, valued at approximately $3,241,747.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Hyatt Hotels news, insider Margaret C. Egan sold 1,000 shares of Hyatt Hotels stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $157.78, for a total value of $157,780.00. Following the completion of the transaction, the insider now directly owns 20,546 shares of the company's stock, valued at approximately $3,241,747.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Joan Bottarini sold 10,695 shares of the company's stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $148.92, for a total transaction of $1,592,699.40. Following the sale, the insider now owns 16,104 shares in the company, valued at $2,398,207.68. The disclosure for this sale can be found here. Insiders sold a total of 2,084,248 shares of company stock valued at $326,572,489 in the last three months. 23.50% of the stock is currently owned by corporate insiders.

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.