Hyatt Hotels (H) Getting Somewhat Positive Media Coverage, Analysis Shows
News stories about Hyatt Hotels (NYSE:H) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hyatt Hotels earned a news impact score of 0.04 on Accern’s scale. Accern also gave media headlines about the company an impact score of 48.8125060280222 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Choice Hotels International (CHH) and Hyatt Hotels (H) Critical Contrast (americanbankingnews.com)
- Hyatt Hotels Co. Expected to Earn Q3 2018 Earnings of $0.17 Per Share (H) (americanbankingnews.com)
- Q3 2018 Earnings Forecast for Hyatt Hotels Co. (H) Issued By B. Riley (americanbankingnews.com)
- Man dies after fall from Secaucus hotel, cops say (nj.com)
- Mia Kyricos Named Senior Vice President Global Head of Wellbeing for Hyatt (hotelnewsresource.com)
Several equities research analysts have issued reports on the company. Zacks Investment Research upgraded Hyatt Hotels from a “hold” rating to a “buy” rating and set a $89.00 price objective on the stock in a report on Thursday, August 2nd. Berenberg Bank downgraded Hyatt Hotels from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $83.00 to $87.50 in a report on Thursday, July 19th. Citigroup lifted their price objective on Hyatt Hotels from $82.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, June 14th. Jefferies Financial Group assumed coverage on Hyatt Hotels in a report on Thursday, May 31st. They set a “hold” rating and a $85.00 price objective on the stock. Finally, Stifel Nicolaus lifted their price objective on Hyatt Hotels from $80.00 to $82.00 and gave the stock a “hold” rating in a report on Tuesday, May 8th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $83.32.
Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Tuesday, July 31st. The company reported $0.72 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.24. Hyatt Hotels had a return on equity of 4.91% and a net margin of 12.76%. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.14 billion. equities analysts forecast that Hyatt Hotels will post 1.59 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 20th. Stockholders of record on Thursday, September 6th will be issued a $0.15 dividend. The ex-dividend date is Wednesday, September 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.76%. Hyatt Hotels’s dividend payout ratio (DPR) is 33.71%.
In related news, insider Margaret C. Egan sold 4,300 shares of the business’s stock in a transaction that occurred on Thursday, June 14th. The stock was sold at an average price of $83.04, for a total transaction of $357,072.00. Following the completion of the transaction, the insider now owns 16 shares in the company, valued at approximately $1,328.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David Udell sold 4,306 shares of the business’s stock in a transaction that occurred on Thursday, May 24th. The shares were sold at an average price of $81.00, for a total value of $348,786.00. The disclosure for this sale can be found here. 18.40% of the stock is currently owned by insiders.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
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