Hyatt Hotels (NYSE:H) Given New $153.00 Price Target at Barclays

Hyatt Hotels (NYSE:H - Get Free Report) had its target price reduced by stock analysts at Barclays from $156.00 to $153.00 in a report released on Friday, Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price objective would indicate a potential upside of 4.55% from the company's current price.

Other equities analysts have also issued research reports about the company. StockNews.com raised Hyatt Hotels from a "sell" rating to a "hold" rating in a report on Wednesday. JPMorgan Chase & Co. upped their target price on Hyatt Hotels from $162.00 to $172.00 and gave the company an "overweight" rating in a research note on Friday, March 1st. Wells Fargo & Company increased their price target on Hyatt Hotels from $138.00 to $160.00 and gave the stock an "overweight" rating in a research note on Monday, February 26th. Royal Bank of Canada increased their price target 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. Finally, Mizuho initiated coverage on Hyatt Hotels in a report on Tuesday, March 26th. They set a "buy" rating and a $197.00 price objective for the company. Eleven research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Hyatt Hotels currently has an average rating of "Hold" and an average price target of $142.00.

Hyatt Hotels Price Performance

NYSE H traded down $1.46 during trading hours on Friday, reaching $146.34. The company's stock had a trading volume of 493,670 shares, compared to its average volume of 682,375. The firm has a market capitalization of $14.81 billion, a price-to-earnings ratio of 71.74, a P/E/G ratio of 21.23 and a beta of 1.49. Hyatt Hotels has a 1-year low of $96.77 and a 1-year high of $161.50. 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 company's 50-day moving average is $151.31 and its two-hundred day moving average is $130.13.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings results on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.26. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period in the prior year, the business earned $2.55 earnings per share. On average, equities analysts predict that Hyatt Hotels will post 3.24 EPS for the current year.

Insider Transactions at Hyatt Hotels

In related news, insider Margaret C. Egan sold 1,000 shares of the stock in a transaction on Wednesday, March 20th. The shares were 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 $3,241,747.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Margaret C. Egan sold 1,000 shares of the firm's stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $157.78, for a total transaction of $157,780.00. Following the transaction, the insider now directly owns 20,546 shares of the company's stock, valued at $3,241,747.88. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the firm's stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total transaction of $200,096,680.00. The disclosure for this sale can be found here. Insiders sold 2,077,803 shares of company stock valued at $325,526,849 over the last quarter. Corporate insiders own 23.50% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. First Manhattan CO. LLC. purchased a new position in Hyatt Hotels during the 1st quarter worth $25,000. Quarry LP bought a new stake in Hyatt Hotels during the first quarter valued at approximately $26,000. Riverview Trust Co bought a new stake in Hyatt Hotels during the first quarter valued at approximately $27,000. Janiczek Wealth Management LLC lifted its position in Hyatt Hotels by 597.5% during the third quarter. Janiczek Wealth Management LLC now owns 279 shares of the company's stock valued at $30,000 after purchasing an additional 239 shares during the last quarter. Finally, UniSuper Management Pty Ltd bought a new stake in shares of Hyatt Hotels in the 2nd quarter worth approximately $34,000. Institutional investors and hedge funds own 71.02% of the company's stock.

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.