Brokerages Set Hyatt Hotels Co. (NYSE:H) Price Target at $161.97

Hyatt Hotels Co. (NYSE:H - Get Free Report) has been assigned a consensus rating of "Hold" from the eighteen ratings firms that are covering the stock, MarketBeat.com reports. Ten investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $161.97.

Several research analysts have recently commented on H shares. Truist Financial decreased their target price on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating for the company in a research report on Friday, March 21st. JPMorgan Chase & Co. lifted their price objective on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Morgan Stanley dropped their target price on shares of Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 4th. Mizuho decreased their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Finally, The Goldman Sachs Group dropped their price objective on shares of Hyatt Hotels from $170.00 to $150.00 and set a "neutral" rating on the stock in a research note on Thursday, March 6th.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the company's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the completion of the sale, the insider now directly owns 9,337 shares in the company, valued at $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of the firm's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now directly owns 37,927 shares of the company's stock, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,600 shares of company stock valued at $1,517,798 over the last 90 days. 23.50% of the stock is currently owned by company insiders.

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Institutional Trading of Hyatt Hotels

Several large investors have recently added to or reduced their stakes in the company. Bamco Inc. NY increased its stake in shares of Hyatt Hotels by 1.2% in the fourth quarter. Bamco Inc. NY now owns 5,550,789 shares of the company's stock worth $871,363,000 after acquiring an additional 67,385 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in Hyatt Hotels by 0.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,849,892 shares of the company's stock worth $447,376,000 after purchasing an additional 9,477 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of Hyatt Hotels by 1.8% during the 4th quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company's stock worth $422,960,000 after purchasing an additional 46,413 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Hyatt Hotels by 3.3% during the 3rd quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company's stock valued at $267,192,000 after buying an additional 56,082 shares during the last quarter. Finally, Bank of Nova Scotia grew its stake in shares of Hyatt Hotels by 2.2% in the 4th quarter. Bank of Nova Scotia now owns 1,716,986 shares of the company's stock valued at $269,532,000 after buying an additional 37,057 shares in the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Stock Down 2.6 %

H traded down $3.20 during trading on Tuesday, hitting $121.50. The company had a trading volume of 914,633 shares, compared to its average volume of 604,372. Hyatt Hotels has a 1-year low of $116.13 and a 1-year high of $168.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $11.68 billion, a PE ratio of 9.77 and a beta of 1.51. The business has a 50-day moving average of $142.39 and a 200-day moving average of $150.20.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same period in the previous year, the business posted $0.64 EPS. As a group, analysts forecast that Hyatt Hotels will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels's dividend payout ratio is currently 4.82%.

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.