Hyatt Hotels Corp. (NYSE:H) has been given a $43.00 target price by equities researchers at MKM Partners in a report released on Thursday. The brokerage currently has a “sell” rating on the stock. MKM Partners’ price objective suggests a potential downside of 20.41% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. FBR & Co restated a “buy” rating and set a $62.00 target price on shares of Hyatt Hotels Corp. in a research report on Thursday, August 4th. Vetr upgraded shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating and set a $50.60 target price on the stock in a research report on Monday, September 12th. Morgan Stanley set a $49.00 target price on shares of Hyatt Hotels Corp. and gave the stock a “hold” rating in a research report on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, TheStreet lowered shares of Hyatt Hotels Corp. from a “buy” rating to a “hold” rating in a research report on Monday, November 7th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $51.60.

Analyst Recommendations for Hyatt Hotels Corp. (NYSE:H)

Shares of Hyatt Hotels Corp. (NYSE:H) traded up 1.96% on Thursday, reaching $54.03. 470,450 shares of the company’s stock traded hands. The stock has a market capitalization of $7.07 billion, a price-to-earnings ratio of 36.78 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. The stock’s 50-day moving average price is $51.31 and its 200-day moving average price is $50.41.

Hyatt Hotels Corp. (NYSE:H) last issued 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 last year, the company posted $0.30 EPS. Equities analysts predict that Hyatt Hotels Corp. will post $1.63 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This article was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another publication, it was copied illegally and republished in violation of US and international trademark & copyright law. The legal version of this article can be read at https://www.thecerbatgem.com/2016/11/25/mkm-partners-analysts-give-hyatt-hotels-corp-h-a-43-00-price-target.html.

In related news, major shareholder Gregory Boyd Penner sold 130,000 shares of the business’s stock in a transaction dated Tuesday, November 8th. The shares were sold at an average price of $52.41, for a total value of $6,813,300.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 25.50% of the stock is currently owned by corporate insiders.

Several hedge funds and other institutional investors have recently bought and sold shares of H. Legal & General Group Plc increased its position 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 worth $158,000 after buying an additional 97 shares in the last quarter. Brave Asset Management Inc bought a new position in Hyatt Hotels Corp. during the second quarter worth approximately $167,000. The Manufacturers Life Insurance Company bought a new position in Hyatt Hotels Corp. during the third quarter worth approximately $188,000. Pacer Advisors Inc. increased 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 worth $199,000 after buying an additional 3,386 shares in the last quarter. Finally, Prudential Financial Inc. bought a new position in Hyatt Hotels Corp. during the third quarter worth approximately $201,000. 18.82% of the stock is owned by institutional investors.

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

Receive News & Stock Ratings for Hyatt Hotels Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels Corp. and related stocks with our FREE daily email newsletter.