Hyatt Hotels (NYSE:H) Earns Sell Rating from The Goldman Sachs Group

The Goldman Sachs Group restated their sell rating on shares of Hyatt Hotels (NYSE:H - Free Report) in a research report sent to investors on Monday, Marketbeat Ratings reports. They currently have a $110.00 price target on the stock, down from their previous price target of $150.00.

Several other brokerages also recently commented on H. Morgan Stanley lowered their target price 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. Robert W. Baird reduced 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. Barclays dropped their price target on Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating on the stock in a research note on Friday, February 14th. Wells Fargo & Company reduced their price objective on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Finally, Jefferies Financial Group dropped their target price on Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $155.22.

Hyatt Hotels Trading Up 0.2 %

Hyatt Hotels stock traded up $0.18 during trading hours on Monday, reaching $106.19. 1,018,788 shares of the company's stock traded hands, compared to its average volume of 639,212. Hyatt Hotels has a fifty-two week low of $102.43 and a fifty-two week high of $168.20. The firm's 50 day moving average is $126.69 and its 200-day moving average is $145.70. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market capitalization of $10.21 billion, a price-to-earnings ratio of 8.54 and a beta of 1.35.

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

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date was Friday, February 28th. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Insider Buying and Selling

In other news, insider Mark R. Vondrasek sold 10,000 shares of the business's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the completion of the sale, the insider now owns 9,337 shares in the company, valued at $1,090,561.60. The trade was a 51.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,600 shares of company stock valued at $1,517,798. 23.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in Hyatt Hotels by 1.0% during the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company's stock valued at $114,214,000 after purchasing an additional 7,440 shares in the last quarter. TT International Asset Management LTD acquired a new stake in shares of Hyatt Hotels during the 4th quarter valued at $5,283,000. World Investment Advisors LLC bought a new stake in Hyatt Hotels during the 3rd quarter worth $4,520,000. GAMMA Investing LLC increased its holdings in Hyatt Hotels by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company's stock worth $166,000 after purchasing an additional 155 shares in the last quarter. Finally, Versant Capital Management Inc raised its position in Hyatt Hotels by 583.3% in 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. Institutional investors own 73.54% of the company's stock.

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.