Hyatt Hotels (NYSE:H) Coverage Initiated at Susquehanna

Investment analysts at Susquehanna assumed coverage on shares of Hyatt Hotels (NYSE:H - Get Free Report) in a report issued on Friday, Marketbeat.com reports. The brokerage set a "neutral" rating and a $160.00 price target on the stock. Susquehanna's target price suggests a potential upside of 7.75% from the stock's current price.

H has been the topic of a number of other research reports. Barclays boosted their price objective on Hyatt Hotels from $153.00 to $159.00 and gave the stock an "equal weight" rating in a research note on Friday, May 10th. JPMorgan Chase & Co. boosted their price objective on Hyatt Hotels from $162.00 to $172.00 and gave the stock an "overweight" rating in a research note on Friday, March 1st. Robert W. Baird boosted their price objective on Hyatt Hotels from $160.00 to $162.00 and gave the stock a "neutral" rating in a research note on Friday, May 17th. Wells Fargo & Company boosted their price objective on Hyatt Hotels from $138.00 to $160.00 and gave the stock an "overweight" rating in a research note on Monday, February 26th. Finally, Mizuho boosted their target price on Hyatt Hotels from $195.00 to $204.00 and gave the stock a "buy" rating in a research report on Wednesday, May 15th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $149.00.

Hyatt Hotels Stock Performance

NYSE:H traded down $1.52 during midday trading on Friday, reaching $148.49. 779,664 shares of the company traded hands, compared to its average volume of 627,189. Hyatt Hotels has a twelve month low of $96.77 and a twelve month high of $161.50. The firm has a market capitalization of $15.02 billion, a price-to-earnings ratio of 23.06 and a beta of 1.49. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.59 and a quick ratio of 0.59. The company has a fifty day moving average price of $148.89 and a 200 day moving average price of $142.66.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported $0.71 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.02). The business had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.72 billion. Hyatt Hotels had a net margin of 10.21% and a return on equity of 8.44%. During the same period in the previous year, the firm earned $0.41 EPS. On average, analysts expect that Hyatt Hotels will post 3.34 EPS for the current fiscal year.

Insider Transactions at Hyatt Hotels

In other news, Director Michael A. Rocca sold 1,189 shares of the company's stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total transaction of $177,779.28. Following the completion of the sale, the director now owns 20,219 shares in the company, valued at approximately $3,023,144.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, insider Joan Bottarini sold 305 shares of the business's stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $148.00, for a total transaction of $45,140.00. Following the completion of the transaction, the insider now owns 15,799 shares of the company's stock, valued at approximately $2,338,252. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael A. Rocca sold 1,189 shares of the business's stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total value of $177,779.28. Following the transaction, the director now directly owns 20,219 shares of the company's stock, valued at approximately $3,023,144.88. The disclosure for this sale can be found here. In the last quarter, insiders sold 12,189 shares of company stock worth $1,815,619. 23.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Hyatt Hotels

Several large investors have recently added to or reduced their stakes in H. LRI Investments LLC bought a new stake in shares of Hyatt Hotels in the 1st quarter valued at approximately $26,000. Riverview Trust Co bought a new stake in shares of Hyatt Hotels in the 1st quarter valued at approximately $27,000. Quadrant Capital Group LLC grew its stake in shares of Hyatt Hotels by 49.8% in the 4th quarter. Quadrant Capital Group LLC now owns 382 shares of the company's stock valued at $50,000 after purchasing an additional 127 shares during the period. EntryPoint Capital LLC bought a new stake in shares of Hyatt Hotels in the 1st quarter valued at approximately $53,000. Finally, GAMMA Investing LLC bought a new stake in shares of Hyatt Hotels in the 4th quarter valued at approximately $59,000. Institutional investors and hedge funds own 71.02% of the company's stock.

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.