Kinsey Wolf Sells 1,000 Shares of Hyatt Hotels Co. (NYSE:H) Stock

Hyatt Hotels Co. (NYSE:H - Get Free Report) insider Kinsey Wolf sold 1,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total value of $122,950.00. Following the transaction, the insider now owns 811 shares of the company's stock, valued at approximately $99,712.45. The trade was a 55.22 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Hyatt Hotels Stock Up 1.9 %

Shares of Hyatt Hotels stock traded up $2.28 on Monday, reaching $123.87. The stock had a trading volume of 1,041,420 shares, compared to its average volume of 585,342. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock has a market capitalization of $11.91 billion, a P/E ratio of 9.96 and a beta of 1.51. The company has a 50 day moving average price of $145.42 and a 200 day moving average price of $151.02. Hyatt Hotels Co. has a 1 year low of $116.13 and a 1 year high of $168.20.

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

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Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.48%. Hyatt Hotels's payout ratio is currently 4.82%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of Hyatt Hotels during the 4th quarter valued at approximately $77,136,000. Invesco Ltd. raised its position in Hyatt Hotels by 241.4% during the fourth quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after acquiring an additional 480,523 shares during the period. Norges Bank acquired a new stake in shares of Hyatt Hotels in the fourth quarter valued at about $61,572,000. Alyeska Investment Group L.P. purchased a new stake in shares of Hyatt Hotels during the fourth quarter worth about $43,953,000. Finally, Deutsche Bank AG lifted its stake in Hyatt Hotels by 209.8% in the 4th quarter. Deutsche Bank AG now owns 255,563 shares of the company's stock valued at $40,118,000 after buying an additional 173,075 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on H. The Goldman Sachs Group lowered their price target on shares of Hyatt Hotels from $170.00 to $150.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. Wells Fargo & Company dropped their target price on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a report on Tuesday, February 4th. Morgan Stanley decreased their price target on Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating on the stock in a report on Tuesday, March 4th. Macquarie dropped their price objective on shares of Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating for the company in a research note on Friday, February 14th. Finally, Evercore ISI raised shares of Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 target price on the stock in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $161.97.

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.