Hyatt Hotels Corp. (NYSE:H) major shareholder Gregory Boyd Penner sold 90,000 shares of the company’s stock in a transaction on Wednesday, November 23rd. The shares were sold at an average price of $52.99, for a total transaction of $4,769,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own more than 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 22nd, Gregory Boyd Penner sold 43,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $53.76, for a total transaction of $2,311,680.00.
  • On Monday, November 21st, Gregory Boyd Penner sold 136,176 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $54.18, for a total transaction of $7,378,015.68.
  • 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 Friday, November 18th, Gregory Boyd Penner sold 78,000 shares of Hyatt Hotels Corp. stock. The shares were sold at an average price of $53.98, for a total transaction of $4,210,440.00.
  • 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.

Hyatt Hotels Corp. (NYSE:H) opened at 52.99 on Friday. Hyatt Hotels Corp. has a one year low of $34.06 and a one year high of $54.82. The stock’s 50 day moving average is $51.17 and its 200 day moving average is $50.37. The company has a market capitalization of $6.93 billion, a PE ratio of 36.07 and a beta of 1.41.

Hyatt Hotels Corp. (NYSE:H) last posted its earnings results on Thursday, November 3rd. The company reported $0.47 EPS for the quarter, topping the 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. On average, analysts anticipate that Hyatt Hotels Corp. will post $1.63 earnings per share for the current fiscal year.

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

Large investors have recently bought and sold shares of the company. 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 during the last quarter. Brave Asset Management Inc purchased a new position in Hyatt Hotels Corp. during the second quarter valued at $167,000. The Manufacturers Life Insurance Company purchased a new position in Hyatt Hotels Corp. during the third quarter valued at $188,000. Pacer Advisors Inc. boosted its position in Hyatt Hotels Corp. by 500.9% in the second quarter. Pacer Advisors Inc. now owns 4,062 shares of the company’s stock valued at $199,000 after buying an additional 3,386 shares during the period. Finally, Prudential Financial Inc. purchased a new position in Hyatt Hotels Corp. during the third quarter valued at $201,000. 18.82% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on H. Zacks Investment Research lowered shares of Hyatt Hotels Corp. from a “hold” rating to a “sell” rating in a research note on Tuesday, October 11th. Vetr lowered shares of 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. lowered shares of Hyatt Hotels Corp. from an “outperform” rating to an “underperform” rating in a research note on Wednesday, November 2nd. Morgan Stanley lowered shares of 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. Finally, Nomura lowered shares of Hyatt Hotels Corp. from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 25th. 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. The company has a consensus rating of “Hold” and a consensus target price of $51.66.

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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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