Morgan Stanley Has Lowered Expectations for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H - Get Free Report) had its target price dropped by research analysts at Morgan Stanley from $127.00 to $112.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's target price points to a potential upside of 6.16% from the company's previous close.

Other equities analysts also recently issued reports about the stock. Susquehanna increased their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Macquarie cut their price objective on Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Stifel Nicolaus dropped 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 report on Wednesday, April 16th. Truist Financial dropped their target price on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Finally, Wells Fargo & Company reduced their target price 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. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $153.44.

Hyatt Hotels Stock Down 0.4 %

H opened at $105.50 on Tuesday. The firm has a market cap of $10.14 billion, a price-to-earnings ratio of 8.48 and a beta of 1.35. Hyatt Hotels has a twelve month low of $102.43 and a twelve month high of $168.20. 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's 50-day simple moving average is $125.54 and its 200-day simple moving average is $145.30.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 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 business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the previous year, the business posted $0.64 EPS. Equities research analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Kinsey Wolf sold 1,000 shares of the company's 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 sale, the insider now owns 811 shares in the company, valued at $99,712.45. This represents a 55.22 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 12,600 shares of company stock valued at $1,517,798 in the last 90 days. Corporate insiders own 23.70% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of H. Raymond James Financial Inc. bought a new stake in Hyatt Hotels during the 4th quarter valued at $77,136,000. Invesco Ltd. raised its holdings in shares of Hyatt Hotels by 241.4% in the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after acquiring an additional 480,523 shares during the last quarter. Norges Bank acquired a new position in Hyatt Hotels during the 4th quarter valued at about $61,572,000. Alyeska Investment Group L.P. purchased a new stake in shares of Hyatt Hotels in the fourth quarter worth approximately $43,953,000. Finally, Deutsche Bank AG boosted its position in shares of Hyatt Hotels by 209.8% during the fourth quarter. Deutsche Bank AG now owns 255,563 shares of the company's stock valued at $40,118,000 after buying an additional 173,075 shares during the last quarter. 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.

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