Mizuho Lowers Hyatt Hotels (NYSE:H) Price Target to $195.00

Hyatt Hotels (NYSE:H - Get Free Report) had its target price dropped by analysts at Mizuho from $197.00 to $195.00 in a report released on Tuesday, Benzinga reports. The firm currently has a "buy" rating on the stock. Mizuho's price objective would suggest a potential upside of 30.16% from the company's previous close.

H has been the subject of a number of other reports. Robert W. Baird increased their price target on Hyatt Hotels from $116.00 to $134.00 and gave the company a "neutral" rating in a research report on Tuesday, February 13th. Truist Financial increased their price target on Hyatt Hotels from $143.00 to $172.00 and gave the company a "buy" rating in a research report on Thursday, March 14th. Morgan Stanley downgraded Hyatt Hotels from an "overweight" rating to an "equal weight" rating and increased their price target for the company from $149.00 to $156.00 in a research report on Monday, March 11th. Royal Bank of Canada increased their price target on Hyatt Hotels from $37.00 to $41.00 and gave the company a "sector perform" rating in a research report on Wednesday, February 14th. Finally, TD Cowen increased their price objective on Hyatt Hotels from $95.00 to $160.00 and gave the company a "market perform" rating in a report on Thursday, March 21st. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Hyatt Hotels currently has an average rating of "Hold" and an average price target of $141.88.

Hyatt Hotels Price Performance

H traded up $3.23 on Tuesday, reaching $149.81. The stock had a trading volume of 655,409 shares, compared to its average volume of 680,226. Hyatt Hotels has a fifty-two week low of $96.77 and a fifty-two week high of $161.50. The firm has a 50-day moving average of $151.59 and a 200-day moving average of $130.81. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The company has a market capitalization of $15.16 billion, a price-to-earnings ratio of 71.93, a price-to-earnings-growth ratio of 20.88 and a beta of 1.49.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.38 by $0.26. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates 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 company earned $2.55 EPS. As a group, sell-side analysts anticipate that Hyatt Hotels will post 3.24 EPS for the current year.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the company's stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total transaction of $200,096,680.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Hyatt Hotels news, insider Joan Bottarini sold 4,250 shares of the company's stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $128.72, for a total transaction of $547,060.00. Following the completion of the transaction, the insider now owns 11,301 shares of the company's stock, valued at approximately $1,454,664.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the company's stock in a transaction that occurred on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total value of $200,096,680.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,077,803 shares of company stock worth $325,526,849. Company insiders own 23.50% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in H. Vanguard Group Inc. grew its stake in shares of Hyatt Hotels by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 4,221,373 shares of the company's stock worth $550,509,000 after buying an additional 144,356 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Hyatt Hotels by 6.6% in the 4th quarter. Principal Financial Group Inc. now owns 2,405,283 shares of the company's stock worth $313,673,000 after buying an additional 148,804 shares during the last quarter. Morgan Stanley grew its stake in shares of Hyatt Hotels by 1.1% in the 3rd quarter. Morgan Stanley now owns 2,194,911 shares of the company's stock worth $232,836,000 after buying an additional 24,121 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Hyatt Hotels by 28.5% in the 4th quarter. Franklin Resources Inc. now owns 1,948,171 shares of the company's stock worth $254,061,000 after buying an additional 432,594 shares during the last quarter. Finally, Bank of Nova Scotia boosted its stake in Hyatt Hotels by 0.6% during the 4th quarter. Bank of Nova Scotia now owns 1,672,454 shares of the company's stock valued at $218,105,000 after purchasing an additional 9,919 shares during the last quarter. Hedge funds and other institutional investors 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.