Hyatt Hotels Co. (NYSE:H) Short Interest Update

Hyatt Hotels Co. (NYSE:H - Get Free Report) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 4,260,000 shares, a decrease of 5.5% from the October 31st total of 4,510,000 shares. Based on an average daily trading volume, of 516,700 shares, the days-to-cover ratio is presently 8.2 days.

Hyatt Hotels Stock Up 1.2 %

Shares of NYSE:H traded up $1.83 on Tuesday, reaching $158.04. The company had a trading volume of 363,816 shares, compared to its average volume of 482,021. 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 market capitalization of $15.18 billion, a PE ratio of 11.91 and a beta of 1.50. Hyatt Hotels has a 52-week low of $116.20 and a 52-week high of $162.24. The firm's 50 day simple moving average is $153.70 and its 200-day simple moving average is $149.62.

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

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels's dividend payout ratio is presently 4.52%.

Analysts Set New Price Targets

Several research analysts have issued reports on H shares. Stifel Nicolaus lifted their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a "hold" rating in a report on Tuesday, November 26th. Mizuho lowered their price objective on Hyatt Hotels from $200.00 to $198.00 and set an "outperform" rating on the stock in a research report on Monday, November 4th. Bank of America boosted 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. Truist Financial decreased their target price on Hyatt Hotels from $169.00 to $158.00 and set a "buy" rating for the company in a research report on Friday, November 1st. Finally, Macquarie reduced their price objective on Hyatt Hotels from $165.00 to $164.00 and set an "outperform" rating for the company in a research report on Friday, November 1st. Fifteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Hyatt Hotels currently has a consensus rating of "Hold" and an average price target of $151.88.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the business's stock in a transaction 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 transaction, the insider now directly owns 5,798 shares of the company's stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.50% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in H. Summit Securities Group LLC acquired a new position in Hyatt Hotels during the second quarter worth about $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Hyatt Hotels during the third quarter worth $30,000. Blue Trust Inc. grew its holdings in Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company's stock valued at $49,000 after buying an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Hyatt Hotels by 1,107.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company's stock worth $50,000 after acquiring an additional 310 shares during the last quarter. Finally, iA Global Asset Management Inc. acquired a new position in shares of Hyatt Hotels during the 3rd quarter valued at about $51,000. 71.02% of the stock is owned by institutional investors and hedge funds.

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.