Hyatt Hotels (NYSE:H) Sets New 52-Week Low - Time to Sell?

Hyatt Hotels Co. (NYSE:H - Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $128.44 and last traded at $130.91, with a volume of 807734 shares trading hands. The stock had previously closed at $135.73.

Analysts Set New Price Targets

Several research firms have recently issued reports on H. Truist Financial raised their price objective on Hyatt Hotels from $158.00 to $163.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. Jefferies Financial Group raised their price target on Hyatt Hotels from $150.00 to $176.00 and gave the stock a "hold" rating in a research note on Thursday, January 2nd. Morgan Stanley dropped their price objective on shares of Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating for the company in a research note on Tuesday, March 4th. StockNews.com cut shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Finally, Mizuho dropped their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $162.24.

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Hyatt Hotels Price Performance

The company's 50-day simple moving average is $149.68 and its 200-day simple moving average is $152.27. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The company has a market cap of $11.63 billion, a price-to-earnings ratio of 9.72 and a beta of 1.51.

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

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.50%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Insiders Place Their Bets

In other news, Director Susan D. Kronick sold 1,600 shares of the business's 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 sale, the director now owns 37,927 shares of the company's stock, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 23.50% of the stock is owned by company insiders.

Institutional Trading of Hyatt Hotels

Several hedge funds and other institutional investors have recently bought and sold shares of H. Bernard Wealth Management Corp. acquired a new position in shares of Hyatt Hotels in the 4th quarter worth approximately $26,000. Versant Capital Management Inc increased its stake in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock valued at $32,000 after purchasing an additional 175 shares during the last quarter. UMB Bank n.a. raised its holdings in shares of Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after purchasing an additional 104 shares during the period. iA Global Asset Management Inc. bought a new position in shares of Hyatt Hotels in the 3rd quarter worth about $51,000. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after buying an additional 300 shares during the period. 73.54% of the stock is owned by institutional investors.

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.