Hyatt Hotels Corp. (NYSE:H) received a $61.00 price target from equities researchers at FBR & Co in a research report issued to clients and investors on Thursday. The firm currently has a “buy” rating on the stock. FBR & Co’s price target points to a potential upside of 12.90% from the company’s current price.

A number of other equities analysts have also recently commented on H. Morgan Stanley reissued a “hold” rating and issued a $49.00 price objective on shares of Hyatt Hotels Corp. in a research note on Monday, August 15th. Zacks Investment Research raised shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, August 4th. Nomura cut shares of Hyatt Hotels Corp. from a “buy” rating to a “neutral” rating in a research note on Tuesday, October 25th. Vetr cut shares of Hyatt Hotels Corp. from a “hold” rating to a “sell” rating and set a $50.60 price objective for the company. in a research note on Thursday, August 25th. Finally, Goldman Sachs Group Inc. assumed coverage on shares of Hyatt Hotels Corp. in a research note on Monday, September 26th. They issued a “neutral” rating and a $50.00 price objective for the company. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the stock. Hyatt Hotels Corp. presently has an average rating of “Hold” and a consensus target price of $51.29.

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

Hyatt Hotels Corp. (NYSE:H) opened at 54.03 on Thursday. The company has a market cap of $7.07 billion, a PE ratio of 36.78 and a beta of 1.41. Hyatt Hotels Corp. has a 12 month low of $34.06 and a 12 month high of $54.82. The company has a 50-day moving average of $51.31 and a 200 day moving average of $50.41.

Hyatt Hotels Corp. (NYSE:H) last posted its 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 previous year, the business earned $0.30 earnings per share. On average, equities analysts forecast that Hyatt Hotels Corp. will post $1.63 earnings per share for the current fiscal year.

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In other news, major shareholder Gregory Boyd Penner sold 130,000 shares of Hyatt Hotels Corp. stock in a transaction that occurred on 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 SEC, which is accessible through this hyperlink. 25.50% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently modified their holdings of the company. Wedge Capital Management L L P NC increased its position in shares of Hyatt Hotels Corp. by 7.1% in the second quarter. Wedge Capital Management L L P NC now owns 199,591 shares of the company’s stock worth $9,808,000 after buying an additional 13,198 shares during the last quarter. KBC Group NV increased its position in shares of Hyatt Hotels Corp. by 55.2% in the second quarter. KBC Group NV now owns 146,009 shares of the company’s stock worth $7,175,000 after buying an additional 51,904 shares during the last quarter. Emerald Acquisition Ltd. purchased a new position in shares of Hyatt Hotels Corp. during the second quarter worth about $2,726,000. Calvert Investment Management Inc. increased its position in shares of Hyatt Hotels Corp. by 7.7% in the second quarter. Calvert Investment Management Inc. now owns 8,417 shares of the company’s stock worth $414,000 after buying an additional 600 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its position in shares of Hyatt Hotels Corp. by 13.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 80,802 shares of the company’s stock worth $3,971,000 after buying an additional 9,402 shares during the last quarter. 18.82% of the stock is currently owned by hedge funds and other institutional investors.

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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