Hyatt Hotels Corp. (NYSE:H) major shareholder Gregory Boyd Penner sold 78,000 shares of the firm’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $53.98, for a total transaction of $4,210,440.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Thursday, November 17th, Gregory Boyd Penner sold 81,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $53.92, for a total transaction of $4,367,520.00.
  • On Wednesday, November 16th, Gregory Boyd Penner sold 198,892 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $53.35, for a total transaction of $10,610,888.20.
  • 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction 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 transaction of $6,813,300.00.

Shares of Hyatt Hotels Corp. (NYSE:H) opened at 54.14 on Tuesday. The firm’s 50-day moving average is $50.95 and its 200 day moving average is $50.32. Hyatt Hotels Corp. has a 52 week low of $34.06 and a 52 week high of $54.82. The firm has a market cap of $7.08 billion, a PE ratio of 36.86 and a beta of 1.41.

Hyatt Hotels Corp. (NYSE:H) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share for the quarter, topping the Thomson Reuters’ 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 firm earned $0.30 earnings per share. Equities research analysts forecast that Hyatt Hotels Corp. will post $1.59 EPS for the current year.

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

Several large investors have recently modified their holdings of the company. Morgan Stanley increased its stake in shares of Hyatt Hotels Corp. by 16.2% in the third quarter. Morgan Stanley now owns 1,495,979 shares of the company’s stock valued at $73,632,000 after buying an additional 208,010 shares in the last quarter. UBS Group AG increased its stake in shares of Hyatt Hotels Corp. by 13.2% in the third quarter. UBS Group AG now owns 887,882 shares of the company’s stock valued at $43,701,000 after buying an additional 103,727 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Hyatt Hotels Corp. by 1,304.3% in the third quarter. Wells Fargo & Company MN now owns 646,910 shares of the company’s stock valued at $31,842,000 after buying an additional 600,842 shares in the last quarter. Mason Capital Management LLC bought a new stake in shares of Hyatt Hotels Corp. during the third quarter valued at $27,924,000. Finally, GRS Advisors LLC increased its stake in shares of Hyatt Hotels Corp. by 2.5% in the second quarter. GRS Advisors LLC now owns 289,400 shares of the company’s stock valued at $14,221,000 after buying an additional 7,000 shares in the last quarter. 18.82% of the stock is owned by hedge funds and other institutional investors.

A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Morgan Stanley set a $49.00 target price on shares of Hyatt Hotels Corp. and gave the stock a “hold” rating in a research note on Wednesday, August 3rd. Citigroup Inc. lifted their target price on shares of Hyatt Hotels Corp. from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, August 11th. FBR & Co reiterated a “buy” rating and issued a $62.00 target price on shares of Hyatt Hotels Corp. in a research note on Thursday, August 4th. Finally, Vetr upgraded shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating and set a $50.60 target price for the company in a research note on Monday, September 12th. Five analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the stock. The company 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.

5 Day Chart for NYSE:H

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