Hyatt Hotels (NYSE:H) Price Target Raised to $155.00

Hyatt Hotels (NYSE:H - Free Report) had its target price hoisted by Susquehanna from $150.00 to $155.00 in a report published on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Several other equities research analysts have also weighed in on the company. Robert W. Baird lowered their price objective on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft upped their price target on Hyatt Hotels from $120.00 to $127.00 and gave the company a "hold" rating in a research report on Friday, November 1st. JPMorgan Chase & Co. lifted their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the company an "overweight" rating in a report on Friday, December 13th. Jefferies Financial Group boosted their target price on shares of Hyatt Hotels from $150.00 to $176.00 and gave the company a "hold" rating in a research note on Thursday, January 2nd. Finally, HSBC downgraded shares of Hyatt Hotels from a "buy" rating to a "hold" rating and set a $156.00 price target for the company. in a report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $162.55.

Hyatt Hotels Stock Performance

Shares of NYSE H traded up $1.74 during trading hours on Tuesday, reaching $140.93. The stock had a trading volume of 875,744 shares, compared to its average volume of 696,683. The company has a market cap of $13.55 billion, a price-to-earnings ratio of 11.33 and a beta of 1.48. Hyatt Hotels has a twelve month low of $128.91 and a twelve month high of $168.20. The business's fifty day moving average is $153.53 and its two-hundred day moving average is $152.71. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

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

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Friday, February 28th. Hyatt Hotels's dividend payout ratio is currently 4.82%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels during the fourth quarter worth about $26,000. Versant Capital Management Inc boosted its stake in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after acquiring an additional 175 shares during the period. UMB Bank n.a. increased its holdings in shares of Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after acquiring an additional 104 shares during the last quarter. Blue Trust Inc. raised its stake 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 acquiring an additional 213 shares during the period. Finally, iA Global Asset Management Inc. acquired a new position in shares of Hyatt Hotels in the third quarter valued at $51,000. 73.54% of the stock is currently owned by institutional investors and hedge funds.

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.