Hyatt Hotels Co. (NYSE:H) Receives $152.88 Consensus PT from Brokerages

Shares of Hyatt Hotels Co. (NYSE:H - Get Free Report) have been given an average recommendation of "Hold" by the twenty-one brokerages that are presently covering the firm, MarketBeat reports. Fourteen analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $152.88.

H has been the topic of a number of recent research reports. The Goldman Sachs Group upped their price objective on Hyatt Hotels from $151.00 to $167.00 and gave the stock a "neutral" rating in a research report on Tuesday, December 10th. Bank of America increased their price target on shares of Hyatt Hotels from $165.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. Evercore ISI upped their target price on shares of Hyatt Hotels from $145.00 to $155.00 and gave the company an "in-line" rating in a report on Monday, October 21st. StockNews.com raised Hyatt Hotels from a "sell" rating to a "hold" rating in a report on Monday, November 4th. Finally, Wells Fargo & Company lowered their price objective on Hyatt Hotels from $178.00 to $172.00 and set an "overweight" rating on the stock in a report on Friday, November 1st.

Hyatt Hotels Trading Down 0.3 %

H traded down $0.54 during trading hours on Friday, reaching $158.99. The company's stock had a trading volume of 415,102 shares, compared to its average volume of 585,895. The stock has a market cap of $15.27 billion, a PE ratio of 11.98 and a beta of 1.50. Hyatt Hotels has a fifty-two week low of $124.40 and a fifty-two week high of $168.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The business's 50-day moving average is $154.99 and its 200-day moving average is $150.40.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The business had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the previous year, the firm earned $0.70 EPS. As a group, equities research analysts predict that Hyatt Hotels will post 3.89 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Friday, November 22nd. Hyatt Hotels's dividend payout ratio is currently 4.52%.

Insiders Place Their Bets

In related news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares of the company's stock, valued at $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 23.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in H. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Hyatt Hotels in the 2nd quarter valued at approximately $260,000. Raymond James & Associates boosted its stake in Hyatt Hotels by 113.1% in the 2nd quarter. Raymond James & Associates now owns 68,787 shares of the company's stock valued at $10,450,000 after buying an additional 36,510 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in Hyatt Hotels in the second quarter valued at $210,000. Lecap Asset Management Ltd. acquired a new stake in shares of Hyatt Hotels during the 2nd quarter worth about $335,000. Finally, Louisiana State Employees Retirement System boosted its position in Hyatt Hotels by 0.8% in the second quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the company's stock valued at $1,945,000 after buying an additional 100 shares in the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

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.