Hyatt Hotels Co. (NYSE:H) Insider Sells $1,168,000.00 in Stock

Hyatt Hotels Co. (NYSE:H - Get Free Report) insider Mark R. Vondrasek sold 10,000 shares of the business's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now owns 9,337 shares in the company, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hyatt Hotels Price Performance

Shares of H stock traded up $2.28 during trading hours on Monday, hitting $123.87. The company had a trading volume of 1,041,455 shares, compared to its average volume of 585,342. 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 $11.91 billion, a price-to-earnings ratio of 9.96 and a beta of 1.51. Hyatt Hotels Co. has a 12 month low of $116.13 and a 12 month high of $168.20. The firm's fifty day moving average is $144.85 and its 200 day moving average is $150.86.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings data 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). 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 quarter in the prior year, the company earned $0.64 earnings per share. On average, sell-side analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

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Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were given a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.48%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Institutional Trading of Hyatt Hotels

Hedge funds have recently modified their holdings of the company. Geode Capital Management LLC raised its holdings in shares of Hyatt Hotels by 1.0% in the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company's stock valued at $114,214,000 after buying an additional 7,440 shares during the last quarter. TT International Asset Management LTD acquired a new position in shares of Hyatt Hotels during the fourth quarter worth approximately $5,283,000. Bamco Inc. NY grew its stake in shares of Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company's stock valued at $834,574,000 after purchasing an additional 68,608 shares during the last quarter. Icon Wealth Advisors LLC increased its holdings in shares of Hyatt Hotels by 17,641.6% in the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company's stock valued at $20,009,000 after purchasing an additional 130,724 shares in the last quarter. Finally, World Investment Advisors LLC bought a new position in Hyatt Hotels in the 3rd quarter worth approximately $4,520,000. Institutional investors and hedge funds own 73.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Wells Fargo & Company lowered their price target on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. StockNews.com downgraded Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Jefferies Financial Group increased their price target on Hyatt Hotels from $150.00 to $176.00 and gave the company a "hold" rating in a report on Thursday, January 2nd. Truist Financial decreased their price objective on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating for the company in a report on Friday. Finally, Macquarie cut their target price on shares of Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $161.97.

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.