Stifel Nicolaus Lowers Hyatt Hotels (NYSE:H) Price Target to $132.00

Hyatt Hotels (NYSE:H - Free Report) had its price objective lowered by Stifel Nicolaus from $156.75 to $132.00 in a report released on Wednesday,Benzinga reports. The firm currently has a hold rating on the stock.

H has been the subject of a number of other research reports. Jefferies Financial Group lowered their target price on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Mizuho decreased their price target on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating for the company in a report on Friday, February 14th. Evercore ISI raised Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 price objective on the stock in a research note on Wednesday, March 5th. Robert W. Baird decreased their target price on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. Finally, Macquarie dropped their price target 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. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $155.22.

Hyatt Hotels Trading Up 0.2 %

Shares of NYSE H traded up $0.18 during trading on Wednesday, reaching $106.19. The company had a trading volume of 1,018,788 shares, compared to its average volume of 639,795. Hyatt Hotels has a 12 month low of $102.43 and a 12 month high of $168.20. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock has a market cap of $10.21 billion, a P/E ratio of 8.54 and a beta of 1.35. The company's fifty day moving average price is $126.69 and its 200-day moving average price is $145.67.

Hyatt Hotels (NYSE:H - Get Free Report) last announced 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). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the previous year, the company earned $0.64 earnings per share. As a group, research analysts expect that Hyatt Hotels will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.57%. Hyatt Hotels's dividend payout ratio is presently 4.82%.

Insider Activity at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 10,000 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now directly owns 9,337 shares in the company, valued at approximately $1,090,561.60. The trade was a 51.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the sale, the insider now owns 811 shares of the company's stock, valued at approximately $99,712.45. This trade represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,600 shares of company stock valued at $1,517,798 over the last 90 days. Insiders own 23.70% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Bernard Wealth Management Corp. purchased a new position in Hyatt Hotels in the fourth quarter valued at approximately $26,000. Versant Capital Management Inc grew its stake in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after acquiring an additional 175 shares during the period. UMB Bank n.a. increased its holdings in Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after acquiring an additional 104 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock valued at $53,000 after acquiring an additional 300 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after purchasing an additional 113 shares during the last quarter. Institutional investors own 73.54% 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.