Hyatt Hotels Corp. (NYSE:H) major shareholder Gregory Boyd Penner sold 55,000 shares of Hyatt Hotels Corp. stock in a transaction on Monday, November 28th. The stock was sold at an average price of $53.28, for a total transaction of $2,930,400.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own 10% or more 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 Wednesday, November 30th, Gregory Boyd Penner sold 4,000,000 shares of Hyatt Hotels Corp. stock. The stock was sold at an average price of $50.80, for a total transaction of $203,200,000.00.
  • On Friday, November 25th, Gregory Boyd Penner sold 85,338 shares of Hyatt Hotels Corp. stock. The stock was sold at an average price of $53.96, for a total transaction of $4,604,838.48.
  • On Wednesday, November 23rd, Gregory Boyd Penner sold 90,000 shares of Hyatt Hotels Corp. stock. The stock was sold at an average price of $52.99, for a total transaction of $4,769,100.00.
  • On Tuesday, November 22nd, Gregory Boyd Penner sold 43,000 shares of Hyatt Hotels Corp. stock. The stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $53.24, for a total transaction of $3,620,320.00.

Shares of Hyatt Hotels Corp. (NYSE:H) opened at 51.34 on Thursday. The company has a market capitalization of $6.72 billion, a PE ratio of 34.95 and a beta of 1.41. The stock’s 50 day moving average price is $51.46 and its 200 day moving average price is $50.48. Hyatt Hotels Corp. has a 12 month low of $34.06 and a 12 month high of $54.82.

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, beating the 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. On average, analysts forecast that Hyatt Hotels Corp. will post $1.63 EPS for the current year.

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

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Several institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in Hyatt Hotels Corp. by 1.1% in the second quarter. Royal Bank of Canada now owns 5,911 shares of the company’s stock valued at $290,000 after buying an additional 64 shares during the period. BlackRock Advisors LLC boosted its stake in Hyatt Hotels Corp. by 0.7% in the third quarter. BlackRock Advisors LLC now owns 13,120 shares of the company’s stock valued at $646,000 after buying an additional 88 shares during the period. Legal & General Group Plc boosted 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 period. Rhumbline Advisers boosted its stake in Hyatt Hotels Corp. by 0.5% in the second quarter. Rhumbline Advisers now owns 28,337 shares of the company’s stock valued at $1,392,000 after buying an additional 147 shares during the period. Finally, BlackRock Inc. boosted its stake in Hyatt Hotels Corp. by 1.8% in the third quarter. BlackRock Inc. now owns 11,343 shares of the company’s stock valued at $559,000 after buying an additional 203 shares during the period. Hedge funds and other institutional investors own 18.99% of the company’s stock.

A number of brokerages recently weighed in on H. Vetr downgraded shares of Hyatt Hotels Corp. from a “hold” rating to a “sell” rating and set a $50.60 price target on the stock. in a report on Thursday, August 25th. MKM Partners set a $43.00 price target on shares of Hyatt Hotels Corp. and gave the stock a “sell” rating in a report on Thursday, November 24th. FBR & Co set a $61.00 price target on shares of Hyatt Hotels Corp. and gave the stock a “buy” rating in a report on Thursday, November 24th. Stifel Nicolaus reissued a “hold” rating and issued a $50.00 price target (up from $48.00) on shares of Hyatt Hotels Corp. in a report on Saturday, November 26th. Finally, TheStreet downgraded shares of Hyatt Hotels Corp. from a “buy” rating to a “hold” rating in a report on Monday, November 7th. Five analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $51.29.

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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