Hyatt Hotels (NYSE:H) Upgraded to Hold at StockNews.com

Hyatt Hotels (NYSE:H - Get Free Report) was upgraded by equities researchers at StockNews.com from a "sell" rating to a "hold" rating in a research note issued to investors on Monday.

H has been the topic of several other reports. Barclays reduced their price target on Hyatt Hotels from $151.00 to $144.00 and set an "equal weight" rating on the stock in a report on Friday. JPMorgan Chase & Co. raised their target price on shares of Hyatt Hotels from $171.00 to $180.00 and gave the company an "overweight" rating in a research note on Friday, July 19th. Hsbc Global Res upgraded shares of Hyatt Hotels to a "hold" rating in a research note on Friday. HSBC downgraded Hyatt Hotels from a "buy" rating to a "hold" rating and set a $156.00 price objective for the company. in a report on Friday. Finally, The Goldman Sachs Group began coverage on shares of Hyatt Hotels in a research note on Wednesday, September 18th. They set a "neutral" rating and a $151.00 target price for the company. Fifteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, Hyatt Hotels has an average rating of "Hold" and a consensus target price of $151.57.

Hyatt Hotels Price Performance

NYSE H traded down $1.97 on Monday, hitting $143.07. The stock had a trading volume of 652,656 shares, compared to its average volume of 587,547. The company has a market capitalization of $14.35 billion, a price-to-earnings ratio of 10.78 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. The firm has a 50-day moving average of $150.93 and a 200-day moving average of $148.92. Hyatt Hotels has a 52-week low of $102.62 and a 52-week high of $162.24.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analysts' expectations of $1.64 billion. Hyatt Hotels had a return on equity of 10.75% and a net margin of 20.55%. During the same period in the prior year, the business earned $0.70 EPS. Equities analysts expect that Hyatt Hotels will post 3.87 EPS for the current year.

Insider Activity

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of the business'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 transaction, the insider now directly owns 623,556 shares in the company, valued at approximately $93,389,982.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 23.50% of the company's stock.

Institutional Trading of Hyatt Hotels

Large investors have recently bought and sold shares of the stock. Crossmark Global Holdings Inc. increased its stake in shares of Hyatt Hotels by 18.9% in the third quarter. Crossmark Global Holdings Inc. now owns 3,917 shares of the company's stock worth $596,000 after acquiring an additional 622 shares during the period. Bridges Investment Management Inc. grew its stake in Hyatt Hotels by 7.3% in the 3rd quarter. Bridges Investment Management Inc. now owns 4,242 shares of the company's stock valued at $646,000 after acquiring an additional 287 shares during the period. Assetmark Inc. increased its stake in shares of Hyatt Hotels by 162.2% during the third quarter. Assetmark Inc. now owns 49,041 shares of the company's stock worth $7,464,000 after purchasing an additional 30,339 shares in the last quarter. Malaga Cove Capital LLC raised its holdings in shares of Hyatt Hotels by 37.9% during the third quarter. Malaga Cove Capital LLC now owns 4,241 shares of the company's stock valued at $645,000 after acquiring an additional 1,165 shares during the last quarter. Finally, Asset Management One Co. Ltd. lifted its holdings in Hyatt Hotels by 0.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company's stock valued at $2,365,000 after purchasing an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 71.02% of the company's stock.

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.

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