Stifel Nicolaus Increases Hyatt Hotels (NYSE:H) Price Target to $157.50

Hyatt Hotels (NYSE:H - Get Free Report) had its target price upped by equities research analysts at Stifel Nicolaus from $145.50 to $157.50 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a "hold" rating on the stock. Stifel Nicolaus' price objective would suggest a potential upside of 0.67% from the stock's current price.

A number of other equities research analysts also recently weighed in on the company. Mizuho cut their target price on Hyatt Hotels from $200.00 to $198.00 and set an "outperform" rating for the company in a research report on Monday, November 4th. HSBC cut Hyatt Hotels from a "buy" rating to a "hold" rating and set a $156.00 target price for the company. in a research note on Friday, November 1st. Wells Fargo & Company dropped their price target on shares of Hyatt Hotels from $178.00 to $172.00 and set an "overweight" rating on the stock in a research report on Friday, November 1st. Hsbc Global Res raised shares of Hyatt Hotels to a "hold" rating in a research note on Friday, November 1st. Finally, Evercore ISI increased their target price on shares of Hyatt Hotels from $145.00 to $155.00 and gave the company an "in-line" rating in a research note on Monday, October 21st. Fifteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, Hyatt Hotels has an average rating of "Hold" and a consensus price target of $151.88.

Hyatt Hotels Stock Performance

NYSE H traded down $3.86 during trading hours on Tuesday, hitting $156.45. The company had a trading volume of 453,089 shares, compared to its average volume of 583,484. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The firm has a market cap of $15.03 billion, a P/E ratio of 12.08 and a beta of 1.50. Hyatt Hotels has a fifty-two week low of $112.85 and a fifty-two week high of $162.24. The business has a fifty day simple moving average of $153.19 and a 200-day simple moving average of $149.40.

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 for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $1.64 billion. During the same quarter in the previous year, the company posted $0.70 earnings per share. Equities analysts predict that Hyatt Hotels will post 3.89 EPS for the current year.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Mark Samuel Hoplamazian sold 51,388 shares of the stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the transaction, the insider now owns 623,556 shares of the company's stock, valued at approximately $93,389,982.12. This represents a 7.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 23.50% of the company's stock.

Hedge Funds Weigh In On Hyatt Hotels

Several hedge funds and other institutional investors have recently added to or reduced their stakes in H. Advisors Asset Management Inc. grew its position in shares of Hyatt Hotels by 53.7% in the first quarter. Advisors Asset Management Inc. now owns 4,118 shares of the company's stock valued at $657,000 after purchasing an additional 1,438 shares during the last quarter. Tidal Investments LLC grew its holdings in Hyatt Hotels by 41.2% in the 1st quarter. Tidal Investments LLC now owns 24,344 shares of the company's stock valued at $3,886,000 after buying an additional 7,098 shares during the last quarter. LRI Investments LLC acquired a new position in shares of Hyatt Hotels during the first quarter worth approximately $26,000. Red Spruce Capital LLC boosted its position in shares of Hyatt Hotels by 0.7% in the second quarter. Red Spruce Capital LLC now owns 13,994 shares of the company's stock valued at $2,126,000 after acquiring an additional 92 shares during the period. Finally, GAMMA Investing LLC grew its stake in shares of Hyatt Hotels by 17.6% in the second quarter. GAMMA Investing LLC now owns 767 shares of the company's stock worth $117,000 after acquiring an additional 115 shares during the last quarter. Institutional investors and hedge funds own 71.02% of the company's stock.

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.