Hyatt Hotels Co. (NYSE:H) Short Interest Update

Hyatt Hotels Co. (NYSE:H - Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 3,750,000 shares, a decrease of 13.4% from the March 15th total of 4,330,000 shares. Based on an average trading volume of 703,200 shares, the short-interest ratio is presently 5.3 days.

Hyatt Hotels Stock Down 2.7 %

Shares of NYSE H traded down $4.23 during midday trading on Friday, reaching $152.75. 564,245 shares of the company's stock were exchanged, compared to its average volume of 456,007. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. The stock has a market capitalization of $15.45 billion, a PE ratio of 74.88, a price-to-earnings-growth ratio of 21.74 and a beta of 1.49. Hyatt Hotels has a 52-week low of $96.77 and a 52-week high of $161.50. The business's fifty day moving average price is $149.40 and its two-hundred day moving average price is $128.97.

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 for the quarter, beating the consensus estimate of $0.38 by $0.26. The firm had revenue of $1.66 billion during 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 period in the previous year, the company earned $2.55 earnings per share. Analysts forecast that Hyatt Hotels will post 3.24 EPS for the current year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Wednesday, February 28th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.39%. Hyatt Hotels's payout ratio is currently 29.41%.

Insider Buying and Selling

In related news, insider Traubert Foundation Pritzker sold 704,229 shares of the company's stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total value of $111,247,055.13. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, insider Traubert Foundation Pritzker sold 704,229 shares of the company's stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total value of $111,247,055.13. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 shares were 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. Insiders have sold a total of 2,077,803 shares of company stock worth $325,526,849 in the last quarter. Company insiders own 21.24% of the company's stock.

Hedge Funds Weigh In On Hyatt Hotels

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. State of Wyoming boosted its stake in Hyatt Hotels by 4.2% in the fourth quarter. State of Wyoming now owns 2,180 shares of the company's stock valued at $197,000 after acquiring an additional 88 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Hyatt Hotels by 3.0% during the second quarter. PNC Financial Services Group Inc. now owns 2,997 shares of the company's stock worth $343,000 after buying an additional 88 shares during the period. Procyon Advisors LLC boosted its position in shares of Hyatt Hotels by 3.8% during the fourth quarter. Procyon Advisors LLC now owns 2,627 shares of the company's stock worth $343,000 after buying an additional 96 shares during the period. Gilbert & Cook Inc. boosted its position in shares of Hyatt Hotels by 5.8% during the fourth quarter. Gilbert & Cook Inc. now owns 2,047 shares of the company's stock worth $267,000 after buying an additional 113 shares during the period. Finally, Quadrant Capital Group LLC boosted its position in shares of Hyatt Hotels by 49.8% during the fourth quarter. Quadrant Capital Group LLC now owns 382 shares of the company's stock worth $50,000 after buying an additional 127 shares during the period. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

H has been the topic of a number of recent analyst reports. Redburn Atlantic lowered Hyatt Hotels from a "buy" rating to a "neutral" rating and increased their price target for the stock from $120.00 to $130.00 in a research note on Tuesday, January 16th. Mizuho initiated coverage on 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 increased their price target on Hyatt Hotels from $143.00 to $172.00 and gave the stock a "buy" rating in a research note on Thursday, March 14th. Evercore ISI reiterated an "in-line" rating and issued a $135.00 target price on shares of Hyatt Hotels in a report on Monday, February 5th. Finally, Royal Bank of Canada lifted their target price on Hyatt Hotels from $37.00 to $41.00 and gave the company a "sector perform" rating in a report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $140.53.

About Hyatt Hotels

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.