Hyatt Hotels (NYSE:H) Stock Rating Upgraded by StockNews.com

Hyatt Hotels (NYSE:H - Get Free Report) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued on Tuesday.

A number of other research firms have also weighed in on H. JPMorgan Chase & Co. raised their target price on Hyatt Hotels from $162.00 to $172.00 and gave the company an "overweight" rating in a report on Friday, March 1st. Stifel Nicolaus boosted their price target on shares of Hyatt Hotels from $146.00 to $154.00 and gave the stock a "hold" rating in a report on Thursday, April 11th. Evercore ISI reiterated an "in-line" rating and issued a $135.00 price objective on shares of Hyatt Hotels in a research note on Monday, February 5th. Royal Bank of Canada boosted 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. Finally, Morgan Stanley lowered Hyatt Hotels from an "overweight" rating to an "equal weight" rating and lifted their price target for the stock from $149.00 to $156.00 in a report on Monday, March 11th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $146.25.

Hyatt Hotels Trading Up 0.8 %

Hyatt Hotels stock traded up $1.24 during trading hours on Tuesday, reaching $150.47. 389,172 shares of the company's stock were exchanged, compared to its average volume of 663,260. The firm has a market capitalization of $15.22 billion, a PE ratio of 23.36 and a beta of 1.49. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.63. The firm's 50 day simple moving average is $154.01 and its 200 day simple moving average is $136.03. Hyatt Hotels has a twelve month low of $96.77 and a twelve month high of $161.50.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, May 9th. The company reported $0.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.73 by ($0.02). The company had revenue of $1.71 billion for the quarter, compared to analyst estimates of $1.72 billion. Hyatt Hotels had a net margin of 10.21% and a return on equity of 8.44%. During the same quarter in the previous year, the firm earned $0.41 EPS. Research analysts predict that Hyatt Hotels will post 3.22 earnings per share for the current year.

Insiders Place Their Bets

In other Hyatt Hotels news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of Hyatt Hotels 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the business's stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total value of $200,096,680.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark Samuel Hoplamazian sold 75,457 shares of the business's stock in a transaction dated Wednesday, March 6th. The shares were 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 of the company's stock, valued at approximately $72,737,730. 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 over the last 90 days. Insiders own 23.50% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Riverview Trust Co purchased a new position in shares of Hyatt Hotels during the 1st quarter worth approximately $27,000. Quadrant Capital Group LLC grew its holdings in shares of Hyatt Hotels by 49.8% during the 4th quarter. Quadrant Capital Group LLC now owns 382 shares of the company's stock worth $50,000 after acquiring an additional 127 shares during the period. EntryPoint Capital LLC purchased a new position in shares of Hyatt Hotels during the 1st quarter worth approximately $53,000. GAMMA Investing LLC purchased a new position in shares of Hyatt Hotels during the 4th quarter worth approximately $59,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Hyatt Hotels during the 3rd quarter worth approximately $83,000. Hedge funds and other institutional investors own 71.02% of the company's stock.

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.

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