Hyatt Hotels Corp. (NYSE:H) major shareholder Gregory Boyd Penner sold 198,892 shares of the firm’s stock in a transaction that occurred on Wednesday, November 16th. The shares were sold at an average price of $53.35, for a total value of $10,610,888.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Tuesday, November 15th, Gregory Boyd Penner sold 45,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $52.56, for a total value of $2,365,200.00.
  • On Monday, November 14th, Gregory Boyd Penner sold 68,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $53.24, for a total value of $3,620,320.00.
  • On Friday, November 11th, Gregory Boyd Penner sold 44,878 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $52.83, for a total value of $2,370,904.74.
  • 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.

Shares of Hyatt Hotels Corp. (NYSE:H) traded up 0.35% during midday trading on Friday, reaching $53.94. The company had a trading volume of 125,893 shares. Hyatt Hotels Corp. has a one year low of $34.06 and a one year high of $54.82. The company has a market capitalization of $7.06 billion, a PE ratio of 36.72 and a beta of 1.41. The company has a 50 day moving average of $50.68 and a 200 day moving average of $50.24.

Hyatt Hotels Corp. (NYSE:H) last posted its earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 in the prior year, the company earned $0.30 EPS. Analysts predict that Hyatt Hotels Corp. will post $1.59 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Hyatt Hotels Corp. (NYSE:H)

H has been the subject of several research reports. Morgan Stanley set a $49.00 price target on Hyatt Hotels Corp. and gave the stock a “hold” rating in a report on Wednesday, August 3rd. Citigroup Inc. lifted their price target on Hyatt Hotels Corp. from $50.00 to $55.00 and gave the stock a “neutral” rating in a report on Thursday, August 11th. FBR & Co reissued a “buy” rating and set a $62.00 price target on shares of Hyatt Hotels Corp. in a report on Thursday, August 4th. Zacks Investment Research raised Hyatt Hotels Corp. from a “sell” rating to a “hold” rating in a report on Thursday, August 4th. Finally, TheStreet cut Hyatt Hotels Corp. from a “buy” rating to a “hold” rating in a report on Monday, November 7th. Five investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have assigned a buy rating to the company’s stock. Hyatt Hotels Corp. presently has a consensus rating of “Hold” and an average target price of $51.66.

Several large investors have recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Hyatt Hotels Corp. by 1.1% in the second quarter. Royal Bank of Canada now owns 5,911 shares of the company’s stock valued at $290,000 after buying an additional 64 shares in the last quarter. BlackRock Advisors LLC increased its stake in Hyatt Hotels Corp. by 0.7% in the third quarter. BlackRock Advisors LLC now owns 13,120 shares of the company’s stock valued at $646,000 after buying an additional 88 shares in the last quarter. Legal & General Group Plc increased its stake in Hyatt Hotels Corp. by 3.1% in the second quarter. Legal & General Group Plc now owns 3,217 shares of the company’s stock valued at $158,000 after buying an additional 97 shares in the last quarter. Rhumbline Advisers increased its stake in Hyatt Hotels Corp. by 0.5% in the second quarter. Rhumbline Advisers now owns 28,337 shares of the company’s stock valued at $1,392,000 after buying an additional 147 shares in the last quarter. Finally, BlackRock Inc. increased its stake in Hyatt Hotels Corp. by 1.8% in the third quarter. BlackRock Inc. now owns 11,343 shares of the company’s stock valued at $559,000 after buying an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 17.75% of the company’s stock.

Hyatt Hotels Corp. Company Profile

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.

5 Day Chart for NYSE:H

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