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Hyatt Hotels (NYSE:H) Stock Price Down 2.2% - What's Next?

Hyatt Hotels logo with Consumer Discretionary background

Hyatt Hotels Co. (NYSE:H - Get Free Report) traded down 2.2% on Monday . The stock traded as low as $109.10 and last traded at $110.05. 200,283 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 629,685 shares. The stock had previously closed at $112.53.

Analyst Ratings Changes

A number of research analysts have recently commented on H shares. Susquehanna upped their price target on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. The Goldman Sachs Group reaffirmed a "sell" rating and set a $110.00 price target (down from $150.00) on shares of Hyatt Hotels in a research report on Monday, April 14th. Stifel Nicolaus cut their price target on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating on the stock in a research note on Wednesday. StockNews.com downgraded shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Finally, Evercore ISI upgraded Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 target price for the company in a research note on Wednesday, March 5th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Hyatt Hotels currently has an average rating of "Hold" and a consensus price target of $155.22.

Read Our Latest Research Report on Hyatt Hotels

Hyatt Hotels Trading Up 0.2 %

The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The company has a market cap of $10.21 billion, a price-to-earnings ratio of 8.54 and a beta of 1.35. The company's 50-day moving average is $126.69 and its 200 day moving average is $145.70.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly 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 company had revenue of $1.60 billion during 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 in the previous year, the firm posted $0.64 EPS. Research analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders 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 dividend yield of 0.57%. The ex-dividend date was Friday, February 28th. Hyatt Hotels's dividend payout ratio is currently 4.82%.

Insider Activity

In related news, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the transaction, the insider now directly owns 811 shares of the company's stock, valued at $99,712.45. This represents a 55.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,600 shares of company stock worth $1,517,798. 23.70% of the stock is currently owned by company insiders.

Institutional Trading of Hyatt Hotels

Institutional investors and hedge funds have recently modified their holdings of the business. Bernard Wealth Management Corp. acquired a new stake in shares of Hyatt Hotels during the fourth quarter valued at $26,000. Versant Capital Management Inc lifted its holdings in Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company's stock valued at $32,000 after purchasing an additional 175 shares in the last quarter. UMB Bank n.a. grew 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 buying an additional 104 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of Hyatt Hotels by 750.0% in the fourth 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 last quarter. Finally, Fifth Third Bancorp lifted its stake in shares of Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after buying an additional 113 shares during the period. Hedge funds and other institutional investors own 73.54% of the company's stock.

Hyatt Hotels Company Profile

(Get Free Report)

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.

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