Hyatt Hotels Corp. (NYSE:H) major shareholder Gregory Boyd Penner sold 136,176 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $54.18, for a total value of $7,378,015.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases 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 stock was sold at an average price of $53.92, for a total value of $4,367,520.00.
  • On Friday, November 18th, Gregory Boyd Penner sold 78,000 shares of Hyatt Hotels Corp. stock. The stock was sold at an average price of $53.98, for a total value of $4,210,440.00.
  • On Wednesday, November 16th, Gregory Boyd Penner sold 198,892 shares of Hyatt Hotels Corp. stock. The stock was sold at an average price of $53.35, for a total value of $10,610,888.20.
  • On Tuesday, November 15th, Gregory Boyd Penner sold 45,000 shares of Hyatt Hotels Corp. stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $52.41, for a total value of $6,813,300.00.

Hyatt Hotels Corp. (NYSE:H) opened at 53.57 on Wednesday. The stock has a market capitalization of $7.01 billion, a P/E ratio of 36.47 and a beta of 1.41. The stock has a 50 day moving average price of $51.07 and a 200-day moving average price of $50.35. Hyatt Hotels Corp. has a 1-year low of $34.06 and a 1-year high of $54.82.

Hyatt Hotels Corp. (NYSE:H) last posted its quarterly earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.29 by $0.18. Hyatt Hotels Corp. had a net margin of 4.49% and a return on equity of 5.33%. During the same quarter in the prior year, the firm earned $0.30 earnings per share. Equities research analysts expect 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)

H has been the subject of a number of recent analyst reports. TheStreet lowered Hyatt Hotels Corp. from a “buy” rating to a “hold” rating in a research report on Monday, November 7th. FBR & Co lowered their price target on Hyatt Hotels Corp. from $62.00 to $61.00 and set an “outperform” rating for the company in a research report on Friday, November 4th. lowered Hyatt Hotels Corp. from an “outperform” rating to an “underperform” rating in a research report on Wednesday, November 2nd. Zacks Investment Research raised Hyatt Hotels Corp. from a “sell” rating to a “hold” rating in a research report on Friday, October 28th. Finally, Nomura lowered Hyatt Hotels Corp. from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 25th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have issued a buy rating to the company’s stock. Hyatt Hotels Corp. has an average rating of “Hold” and an average price target of $51.66.

A number of institutional investors have recently modified their holdings of H. Piedmont Investment Advisors LLC acquired a new position in shares of Hyatt Hotels Corp. during the third quarter worth approximately $603,000. Cornerstone Capital Management Holdings LLC. acquired a new position in shares of Hyatt Hotels Corp. during the third quarter worth approximately $2,167,000. Credit Suisse AG increased its position in shares of Hyatt Hotels Corp. by 4.8% in the third quarter. Credit Suisse AG now owns 167,852 shares of the company’s stock worth $8,263,000 after buying an additional 7,721 shares during the period. Mason Capital Management LLC acquired a new position in shares of Hyatt Hotels Corp. during the third quarter worth approximately $27,924,000. Finally, Gotham Asset Management LLC acquired a new position in shares of Hyatt Hotels Corp. during the third quarter worth approximately $1,673,000. 18.82% of the stock is owned by institutional investors.

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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.

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