Hyatt Hotels Co. (NYSE:H) Given Average Rating of "Hold" by Analysts

Shares of Hyatt Hotels Co. (NYSE:H - Get Free Report) have been given a consensus rating of "Hold" by the twenty-one analysts that are currently covering the stock, MarketBeat.com reports. Fourteen equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $151.57.

Several brokerages have commented on H. Bank of America upped their price target on Hyatt Hotels from $165.00 to $175.00 and gave the stock a "buy" rating in a research note on Monday, October 21st. Barclays dropped their target price on shares of Hyatt Hotels from $151.00 to $144.00 and set an "equal weight" rating for the company in a research report on Friday, November 1st. The Goldman Sachs Group assumed coverage on shares of Hyatt Hotels in a research report on Wednesday, September 18th. They set a "neutral" rating and a $151.00 price target on the stock. Wells Fargo & Company dropped their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an "overweight" rating for the company in a research report on Friday, November 1st. Finally, Truist Financial reduced their target price on shares of Hyatt Hotels from $169.00 to $158.00 and set a "buy" rating on the stock in a report on Friday, November 1st.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Mark Samuel Hoplamazian sold 44,219 shares of Hyatt Hotels stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $148.14, for a total value of $6,550,602.66. Following the completion of the transaction, the insider now directly owns 623,556 shares of the company's stock, valued at approximately $92,373,585.84. The trade was a 6.62 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 23.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hyatt Hotels

A number of large investors have recently bought and sold shares of the business. Asset Management One Co. Ltd. boosted its holdings in shares of Hyatt Hotels by 0.4% during the third quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company's stock valued at $2,365,000 after acquiring an additional 66 shares during the period. O Shaughnessy Asset Management LLC grew its position in Hyatt Hotels by 1.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 6,527 shares of the company's stock worth $1,042,000 after purchasing an additional 70 shares during the last quarter. PFG Investments LLC increased its stake in shares of Hyatt Hotels by 1.5% in the third quarter. PFG Investments LLC now owns 4,846 shares of the company's stock valued at $738,000 after purchasing an additional 70 shares during the period. Red Spruce Capital LLC raised its holdings in shares of Hyatt Hotels by 0.7% during the second quarter. Red Spruce Capital LLC now owns 13,994 shares of the company's stock valued at $2,126,000 after buying an additional 92 shares during the last quarter. Finally, Hunter Associates Investment Management LLC boosted its position in shares of Hyatt Hotels by 0.6% during the third quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company's stock worth $2,601,000 after buying an additional 95 shares during the period. Institutional investors own 71.02% of the company's stock.

Hyatt Hotels Trading Up 1.1 %

H traded up $1.67 during midday trading on Wednesday, hitting $154.85. The company's stock had a trading volume of 527,316 shares, compared to its average volume of 585,999. The firm has a market cap of $14.87 billion, a P/E ratio of 11.55 and a beta of 1.50. Hyatt Hotels has a 52-week low of $112.85 and a 52-week high of $162.24. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The firm has a 50-day moving average price of $152.26 and a two-hundred day moving average price of $149.22.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the prior year, the business posted $0.70 earnings per share. On average, research analysts anticipate that Hyatt Hotels will post 3.85 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.39%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels's dividend payout ratio is currently 4.52%.

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.