Weiss Ratings Reaffirms "Hold (C)" Rating for Hyatt Hotels (NYSE:H)

Hyatt Hotels (NYSE:H - Get Free Report)'s stock had its "hold (c)" rating reiterated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other equities analysts have also recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of Hyatt Hotels from $148.00 to $150.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Barclays cut their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set an "equal weight" rating on the stock in a research report on Friday, August 8th. Deutsche Bank Aktiengesellschaft raised shares of Hyatt Hotels from a "hold" rating to a "buy" rating in a research report on Monday, July 14th. Wall Street Zen cut shares of Hyatt Hotels from a "hold" rating to a "strong sell" rating in a research report on Sunday, August 17th. Finally, Raymond James Financial raised shares of Hyatt Hotels from a "market perform" rating to a "strong-buy" rating and set a $165.00 price objective on the stock in a research report on Tuesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $152.68.

Hyatt Hotels Stock Performance

Shares of Hyatt Hotels stock opened at $145.18 on Wednesday. Hyatt Hotels has a fifty-two week low of $102.43 and a fifty-two week high of $168.20. The firm has a market cap of $13.86 billion, a P/E ratio of 34.48, a P/E/G ratio of 2.28 and a beta of 1.41. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a 50 day simple moving average of $141.99 and a 200 day simple moving average of $133.91.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. Hyatt Hotels had a net margin of 6.39% and a return on equity of 6.54%. The firm had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.74 billion. During the same period last year, the firm earned $1.53 earnings per share. Sell-side analysts predict that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

Insider Activity at Hyatt Hotels

In related news, insider David Udell sold 4,051 shares of Hyatt Hotels stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $145.00, for a total transaction of $587,395.00. Following the completion of the sale, the insider owned 16,756 shares of the company's stock, valued at approximately $2,429,620. The trade was a 19.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 23.70% of the company's stock.

Institutional Trading of Hyatt Hotels

A number of institutional investors have recently bought and sold shares of the business. New England Research & Management Inc. boosted its holdings in Hyatt Hotels by 0.3% in the 3rd quarter. New England Research & Management Inc. now owns 23,351 shares of the company's stock valued at $3,314,000 after purchasing an additional 80 shares during the period. Atria Investments Inc lifted its holdings in shares of Hyatt Hotels by 4.1% during the 2nd quarter. Atria Investments Inc now owns 2,063 shares of the company's stock worth $288,000 after acquiring an additional 81 shares during the period. CW Advisors LLC lifted its holdings in shares of Hyatt Hotels by 4.1% during the 2nd quarter. CW Advisors LLC now owns 2,362 shares of the company's stock worth $330,000 after acquiring an additional 93 shares during the period. MAI Capital Management lifted its holdings in shares of Hyatt Hotels by 53.4% during the 2nd quarter. MAI Capital Management now owns 270 shares of the company's stock worth $38,000 after acquiring an additional 94 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in shares of Hyatt Hotels by 33.2% during the 2nd quarter. Fifth Third Bancorp now owns 385 shares of the company's stock worth $54,000 after acquiring an additional 96 shares during the period. Institutional investors own 73.54% 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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