Barclays Boosts Hyatt Hotels (NYSE:H) Price Target to $161.00

Hyatt Hotels (NYSE:H - Get Free Report) had its price target increased by stock analysts at Barclays from $144.00 to $161.00 in a research note issued on Friday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Barclays's price objective points to a potential upside of 1.26% from the company's current price.

H has been the topic of several other reports. Evercore ISI upped their price objective on Hyatt Hotels from $145.00 to $155.00 and gave the company an "in-line" rating in a research report on Monday, October 21st. Bank of America upped their target price on shares of Hyatt Hotels from $165.00 to $175.00 and gave the company a "buy" rating in a report on Monday, October 21st. Hsbc Global Res raised shares of Hyatt Hotels to a "hold" rating in a research note on Friday, November 1st. JPMorgan Chase & Co. boosted their price objective on shares of Hyatt Hotels from $163.00 to $168.00 and gave the company an "overweight" rating in a research report on Friday. Finally, Morgan Stanley decreased their target price on shares of Hyatt Hotels from $160.00 to $153.00 and set an "equal weight" rating on the stock in a research report on Monday, November 18th. Fifteen equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, Hyatt Hotels has a consensus rating of "Hold" and an average price target of $152.88.

Hyatt Hotels Price Performance

H stock traded down $0.54 during trading on Friday, reaching $158.99. 415,102 shares of the company were exchanged, compared to its average volume of 585,895. Hyatt Hotels has a 52-week low of $124.40 and a 52-week high of $168.20. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market cap of $15.27 billion, a P/E ratio of 11.98 and a beta of 1.50. The stock's 50 day moving average price is $154.99 and its 200 day moving average price is $150.36.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the previous year, the business earned $0.70 earnings per share. As a group, analysts predict that Hyatt Hotels will post 3.89 earnings per share for the current fiscal year.

Insider Activity at Hyatt Hotels

In other news, insider Mark R. Vondrasek sold 3,776 shares of the firm's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the transaction, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 23.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Summit Securities Group LLC acquired a new stake in shares of Hyatt Hotels in the second quarter valued at approximately $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Hyatt Hotels in the 3rd quarter valued at approximately $30,000. Blue Trust Inc. raised its stake in Hyatt Hotels by 190.2% during 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 in the last quarter. EverSource Wealth Advisors LLC boosted its position in Hyatt Hotels by 1,107.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company's stock worth $50,000 after acquiring an additional 310 shares during the period. Finally, iA Global Asset Management Inc. bought a new position in shares of Hyatt Hotels in the third quarter worth $51,000. 73.54% of the stock is currently 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.