Hyatt Hotels (NYSE:H) Rating Increased to Outperform at Evercore ISI

Hyatt Hotels (NYSE:H - Get Free Report) was upgraded by research analysts at Evercore ISI from an "in-line" rating to an "outperform" rating in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm currently has a $175.00 price target on the stock. Evercore ISI's price objective points to a potential upside of 28.81% from the stock's previous close.

Several other equities analysts also recently issued reports on H. Jefferies Financial Group upped their price objective 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. Wells Fargo & Company decreased their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Barclays decreased their price objective on shares of Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a research note on Friday, February 14th. Stifel Nicolaus increased their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a "hold" rating in a research note on Tuesday, November 26th. Finally, Robert W. Baird decreased their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Hyatt Hotels has an average rating of "Hold" and an average target price of $162.24.

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Hyatt Hotels Stock Down 0.9 %

NYSE:H traded down $1.17 during trading hours on Wednesday, hitting $135.86. The company's stock had a trading volume of 1,256,792 shares, compared to its average volume of 708,095. The stock has a market capitalization of $13.06 billion, a P/E ratio of 10.92 and a beta of 1.51. The stock has a fifty day moving average of $151.92 and a 200-day moving average of $152.67. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels has a 52-week low of $128.91 and a 52-week high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The business had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period last year, the company earned $0.64 EPS. On average, equities analysts forecast that Hyatt Hotels will post 3.05 earnings per share for the current year.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the completion of the transaction, the director now directly owns 37,927 shares of the company's stock, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 23.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Bernard Wealth Management Corp. purchased a new position in shares of Hyatt Hotels during the 4th quarter worth approximately $26,000. Versant Capital Management Inc increased 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 purchasing an additional 175 shares in the last quarter. UMB Bank n.a. increased its stake 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 purchasing an additional 104 shares in the last quarter. iA Global Asset Management Inc. purchased a new position in shares of Hyatt Hotels during the 3rd quarter worth approximately $51,000. Finally, Venturi Wealth Management LLC increased its stake in shares of Hyatt Hotels by 750.0% during the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock worth $53,000 after purchasing an additional 300 shares in the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

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.