Hyatt Hotels (NYSE:H) Price Target Raised to $127.00 at Deutsche Bank Aktiengesellschaft

Hyatt Hotels (NYSE:H - Get Free Report) had its price target upped by investment analysts at Deutsche Bank Aktiengesellschaft from $120.00 to $127.00 in a report released on Friday, Benzinga reports. The brokerage currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price points to a potential downside of 12.46% from the company's previous close.

Other research analysts have also recently issued reports about the stock. Evercore ISI boosted their target price on shares of Hyatt Hotels from $145.00 to $155.00 and gave the stock an "in-line" rating in a research report on Monday, October 21st. Barclays boosted their target price on shares of Hyatt Hotels from $146.00 to $151.00 and gave the stock an "equal weight" rating in a research report on Wednesday, September 4th. StockNews.com cut shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, August 12th. Susquehanna reduced their target price on shares of Hyatt Hotels from $160.00 to $150.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 14th. Finally, The Goldman Sachs Group began coverage on shares of Hyatt Hotels in a report on Wednesday, September 18th. They issued a "neutral" rating and a $151.00 price target on the stock. One analyst has rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat.com, Hyatt Hotels has an average rating of "Hold" and an average target price of $151.62.

Hyatt Hotels Trading Down 0.3 %

Hyatt Hotels stock traded down $0.37 during trading on Friday, reaching $145.08. The company had a trading volume of 645,273 shares, compared to its average volume of 587,228. Hyatt Hotels has a 12-month low of $96.77 and a 12-month high of $162.24. The stock's 50 day moving average price is $150.93 and its two-hundred day moving average price is $148.93. The firm has a market capitalization of $14.55 billion, a price-to-earnings ratio of 15.65 and a beta of 1.50. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.82 and a current ratio of 0.82.

Hyatt Hotels (NYSE:H - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.90 by $0.04. Hyatt Hotels had a net margin of 14.55% and a return on equity of 10.25%. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the previous year, the firm earned $0.70 earnings per share. As a group, equities analysts expect that Hyatt Hotels will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the completion of the sale, the insider now directly owns 623,556 shares of the company's stock, valued at approximately $93,389,982.12. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 23.50% of the company's stock.

Institutional Trading of Hyatt Hotels

Hedge funds have recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of Hyatt Hotels by 6.5% in the 2nd quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company's stock valued at $401,827,000 after purchasing an additional 162,562 shares during the period. Fiera Capital Corp increased its holdings in shares of Hyatt Hotels by 1.2% in the 2nd quarter. Fiera Capital Corp now owns 574,045 shares of the company's stock valued at $87,209,000 after purchasing an additional 6,896 shares during the period. Dimensional Fund Advisors LP increased its holdings in Hyatt Hotels by 10.6% in the second quarter. Dimensional Fund Advisors LP now owns 485,952 shares of the company's stock worth $73,822,000 after buying an additional 46,574 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Hyatt Hotels by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 469,791 shares of the company's stock worth $71,371,000 after buying an additional 20,997 shares during the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in Hyatt Hotels by 9.0% in the third quarter. Handelsbanken Fonder AB now owns 354,900 shares of the company's stock worth $54,016,000 after buying an additional 29,300 shares during the last quarter. 71.02% of the stock is owned by hedge funds and other institutional investors.

About Hyatt Hotels

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.