Hyatt Hotels (NYSE:H) Price Target Lowered to $144.00 at Morgan Stanley

Hyatt Hotels (NYSE:H - Free Report) had its price target lowered by Morgan Stanley from $157.00 to $144.00 in a research note published on Tuesday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

Several other equities analysts have also recently issued reports on the company. Wells Fargo & Company reduced their price objective on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 4th. Truist Financial raised their price objective on Hyatt Hotels from $158.00 to $163.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. StockNews.com cut Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Susquehanna raised their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Finally, Macquarie reduced their price objective on Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $163.13.

Hyatt Hotels Stock Up 2.0 %

NYSE:H traded up $2.80 during trading hours on Tuesday, hitting $140.05. The stock had a trading volume of 583,533 shares, compared to its average volume of 697,329. The company has a market cap of $13.47 billion, a PE ratio of 11.26 and a beta of 1.51. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The business has a 50 day simple moving average of $152.75 and a two-hundred day simple moving average of $152.87. Hyatt Hotels has a 1-year low of $128.91 and a 1-year high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last released its 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 business had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter last year, the company posted $0.64 earnings per share. Analysts predict that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.43%. Hyatt Hotels's payout ratio is presently 4.82%.

Insider Activity

In related news, Director Susan D. Kronick sold 1,600 shares of the firm's 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 directly owns 37,927 shares of the company's stock, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 23.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in H. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels in the 4th quarter worth approximately $26,000. Versant Capital Management Inc boosted its stake 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 buying an additional 175 shares in the last quarter. UMB Bank n.a. boosted its stake in Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock valued at $33,000 after buying an additional 104 shares in the last quarter. iA Global Asset Management Inc. acquired a new position in Hyatt Hotels in the third quarter worth $51,000. Finally, Venturi Wealth Management LLC boosted its stake in Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock worth $53,000 after purchasing an additional 300 shares in 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.