Equities analysts predict that Hyatt Hotels Co. (NYSE:H) will report sales of $1.11 billion for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Hyatt Hotels’ earnings. The lowest sales estimate is $1.08 billion and the highest is $1.16 billion. Hyatt Hotels reported sales of $1.09 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 1.8%. The company is expected to announce its next quarterly earnings report after the market closes on Wednesday, February 14th.

On average, analysts expect that Hyatt Hotels will report full-year sales of $1.11 billion for the current year, with estimates ranging from $4.58 billion to $4.66 billion. For the next financial year, analysts forecast that the firm will post sales of $4.69 billion per share, with estimates ranging from $4.60 billion to $4.86 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Hyatt Hotels.

Several research analysts have issued reports on H shares. Zacks Investment Research upgraded shares of Hyatt Hotels from a “hold” rating to a “strong-buy” rating and set a $88.00 target price on the stock in a report on Wednesday, January 10th. Robert W. Baird set a $78.00 target price on shares of Hyatt Hotels and gave the stock a “buy” rating in a report on Friday, December 15th. Wolfe Research upgraded shares of Hyatt Hotels from a “market perform” rating to an “outperform” rating in a report on Thursday, December 21st. Stifel Nicolaus increased their target price on shares of Hyatt Hotels from $61.00 to $67.00 and gave the stock a “hold” rating in a report on Monday, November 6th. Finally, Morgan Stanley increased their target price on shares of Hyatt Hotels from $63.00 to $67.00 and gave the stock an “equal weight” rating in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $74.69.

In other news, insider Peter Fulton sold 14,104 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $70.00, for a total value of $987,280.00. Following the sale, the insider now directly owns 38,436 shares in the company, valued at approximately $2,690,520. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider P.G. Penny Trust sold 600,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $70.00, for a total transaction of $42,000,000.00. Following the completion of the sale, the insider now owns 600,000 shares in the company, valued at $42,000,000. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 663,536 shares of company stock worth $46,523,850. 27.51% of the stock is owned by company insiders.

Several large investors have recently added to or reduced their stakes in the company. Bamco Inc. NY boosted its holdings in shares of Hyatt Hotels by 0.4% in the 3rd quarter. Bamco Inc. NY now owns 4,456,997 shares of the company’s stock valued at $275,398,000 after buying an additional 17,660 shares in the last quarter. Long Pond Capital LP boosted its holdings in shares of Hyatt Hotels by 14.1% in the 3rd quarter. Long Pond Capital LP now owns 3,035,548 shares of the company’s stock valued at $187,567,000 after buying an additional 374,704 shares in the last quarter. BlackRock Inc. boosted its holdings in shares of Hyatt Hotels by 4.6% in the 4th quarter. BlackRock Inc. now owns 1,835,831 shares of the company’s stock valued at $135,007,000 after buying an additional 80,084 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Hyatt Hotels by 63.0% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 1,018,390 shares of the company’s stock valued at $62,927,000 after buying an additional 393,424 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in shares of Hyatt Hotels by 43.5% in the 4th quarter. Renaissance Technologies LLC now owns 826,500 shares of the company’s stock valued at $60,781,000 after buying an additional 250,700 shares in the last quarter. Institutional investors and hedge funds own 37.47% of the company’s stock.

Hyatt Hotels (H) traded up $0.88 during mid-day trading on Thursday, reaching $78.64. 1,083,418 shares of the company traded hands, compared to its average volume of 853,674. The stock has a market cap of $9,250.00, a P/E ratio of 47.37, a PEG ratio of 11.90 and a beta of 1.31. Hyatt Hotels has a 52 week low of $50.21 and a 52 week high of $82.50. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.39.

Hyatt Hotels declared that its Board of Directors has initiated a stock buyback program on Thursday, December 14th that allows the company to buyback $750.00 million in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

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Hyatt Hotels 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. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

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