Hyatt Hotels Corp. (NYSE:H) major shareholder Gregory Boyd Penner sold 44,878 shares of the firm’s stock in a transaction that occurred on Friday, November 11th. The shares were sold at an average price of $52.83, for a total value of $2,370,904.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Gregory Boyd Penner also recently made the following trade(s):

  • On Thursday, November 10th, Gregory Boyd Penner sold 62,431 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $52.83, for a total value of $3,298,229.73.
  • On Tuesday, November 8th, Gregory Boyd Penner sold 130,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $52.41, for a total value of $6,813,300.00.
  • On Wednesday, November 9th, Gregory Boyd Penner sold 130,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $52.41, for a total value of $6,813,300.00.

Hyatt Hotels Corp. (NYSE:H) opened at 53.07 on Tuesday. The company’s 50-day moving average price is $50.22 and its 200 day moving average price is $50.08. The stock has a market capitalization of $6.94 billion, a P/E ratio of 36.13 and a beta of 1.41. Hyatt Hotels Corp. has a 52-week low of $34.06 and a 52-week high of $54.82.

Hyatt Hotels Corp. (NYSE:H) last posted its earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.18. Hyatt Hotels Corp. had a return on equity of 5.33% and a net margin of 4.49%. During the same quarter last year, the company earned $0.30 earnings per share. On average, equities research analysts predict that Hyatt Hotels Corp. will post $1.59 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the stock. Teachers Advisors Inc. raised its stake in shares of Hyatt Hotels Corp. by 94.6% in the first quarter. Teachers Advisors Inc. now owns 59,012 shares of the company’s stock valued at $2,921,000 after buying an additional 28,681 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Hyatt Hotels Corp. by 4.7% in the first quarter. JPMorgan Chase & Co. now owns 137,460 shares of the company’s stock valued at $6,802,000 after buying an additional 6,182 shares in the last quarter. A.R.T. Advisors LLC raised its stake in shares of Hyatt Hotels Corp. by 132.2% in the first quarter. A.R.T. Advisors LLC now owns 62,523 shares of the company’s stock valued at $3,094,000 after buying an additional 35,600 shares in the last quarter. Wedge Capital Management L L P NC raised its stake in shares of Hyatt Hotels Corp. by 7.1% in the second quarter. Wedge Capital Management L L P NC now owns 199,591 shares of the company’s stock valued at $9,808,000 after buying an additional 13,198 shares in the last quarter. Finally, KBC Group NV raised its stake in shares of Hyatt Hotels Corp. by 55.2% in the second quarter. KBC Group NV now owns 146,009 shares of the company’s stock valued at $7,175,000 after buying an additional 51,904 shares in the last quarter. Hedge funds and other institutional investors own 17.75% of the company’s stock.

H has been the subject of a number of research analyst reports. Zacks Investment Research cut Hyatt Hotels Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, October 11th. Vetr cut Hyatt Hotels Corp. from a “hold” rating to a “sell” rating and set a $50.60 target price for the company. in a research note on Thursday, August 25th. Morgan Stanley cut Hyatt Hotels Corp. from an “equal weight” rating to an “underweight” rating and set a $46.00 target price for the company. in a research note on Monday, September 26th. Nomura cut Hyatt Hotels Corp. from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 25th. Finally, Credit Agricole SA cut Hyatt Hotels Corp. from an “outperform” rating to an “underperform” rating in a research note on Wednesday, November 2nd. Five equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $51.66.

About Hyatt Hotels Corp.

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties, consisting of full service hotels, select service hotels, resorts and other properties, including timeshare, fractional and other forms of residential and vacation properties.

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