Hyatt Hotels Co. (NYSE:H) Director Sells $226,848.00 in Stock

Hyatt Hotels Co. (NYSE:H - Get Free Report) Director Susan D. Kronick sold 1,600 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the transaction, the director now owns 37,927 shares of the company's stock, valued at $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Hyatt Hotels Stock Performance

NYSE:H traded down $2.65 during mid-day trading on Tuesday, hitting $137.24. The stock had a trading volume of 902,520 shares, compared to its average volume of 699,122. The company's 50 day simple moving average is $153.17 and its 200 day simple moving average is $152.91. The stock has a market cap of $13.20 billion, a price-to-earnings ratio of 11.03 and a beta of 1.48. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. Hyatt Hotels Co. has a twelve month low of $128.91 and a twelve month high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.22). The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the previous year, the business earned $0.64 earnings per share. On average, equities research analysts forecast that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be issued a $0.15 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.60 annualized dividend and a dividend yield of 0.44%. Hyatt Hotels's dividend payout ratio is currently 4.82%.

Hedge Funds Weigh In On Hyatt Hotels

Large investors have recently modified their holdings of the stock. Bernard Wealth Management Corp. bought a new position in shares of Hyatt Hotels during the fourth quarter worth approximately $26,000. Versant Capital Management Inc increased its position in Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after buying an additional 175 shares during the period. UMB Bank n.a. lifted its holdings in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after buying an additional 104 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in shares of Hyatt Hotels in the third quarter valued at about $51,000. Finally, Venturi Wealth Management LLC grew its stake in shares of Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after acquiring an additional 300 shares in the last quarter. 73.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on H shares. StockNews.com lowered shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Macquarie reduced their price objective on Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. The Goldman Sachs Group lifted their target price on Hyatt Hotels from $151.00 to $167.00 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. JPMorgan Chase & Co. upped their price target on Hyatt Hotels from $163.00 to $168.00 and gave the stock an "overweight" rating in a research report on Friday, December 13th. Finally, Wells Fargo & Company lowered their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Hyatt Hotels presently has an average rating of "Hold" and a consensus price target of $162.08.

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.

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