Mizuho Trims Hyatt Hotels (NYSE:H) Target Price to $195.00

Hyatt Hotels (NYSE:H) had its price objective lowered by equities research analysts at Mizuho from $197.00 to $195.00 in a report issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the stock. Mizuho’s target price would indicate a potential upside of 32.89% from the stock’s current price.

H has been the topic of several other research reports. Barclays dropped their target price on Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Friday. TD Cowen boosted their target price on Hyatt Hotels from $95.00 to $160.00 and gave the stock a “market perform” rating in a research report on Thursday, March 21st. StockNews.com raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Wednesday, April 17th. Evercore ISI restated an “in-line” rating and issued a $135.00 target price on shares of Hyatt Hotels in a report on Monday, February 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Eleven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $141.88.

Hyatt Hotels Trading Up 0.3 %

NYSE H opened at $146.74 on Tuesday. The firm’s fifty day moving average is $151.59 and its two-hundred day moving average is $130.81. Hyatt Hotels has a one year low of $96.77 and a one year high of $161.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. The firm has a market cap of $14.85 billion, a PE ratio of 71.93, a P/E/G ratio of 20.88 and a beta of 1.49.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Friday, February 23rd. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.26. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same period last year, the firm earned $2.55 EPS. Analysts expect that Hyatt Hotels will post 3.24 earnings per share for the current year.

Insider Buying and Selling

In other news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $155.96, for a total transaction of $200,096,680.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total transaction of $200,096,680.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Traubert Foundation Pritzker sold 704,229 shares of the stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total transaction of $111,247,055.13. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,077,803 shares of company stock worth $325,526,849. Insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

Institutional investors have recently modified their holdings of the company. Riverview Trust Co acquired a new position in Hyatt Hotels during the 1st quarter worth $27,000. Quadrant Capital Group LLC lifted its position in Hyatt Hotels by 49.8% in the fourth quarter. Quadrant Capital Group LLC now owns 382 shares of the company’s stock worth $50,000 after purchasing an additional 127 shares during the period. GAMMA Investing LLC bought a new position in Hyatt Hotels during the 4th quarter valued at $59,000. Banque Cantonale Vaudoise bought a new stake in shares of Hyatt Hotels in the 3rd quarter worth $83,000. Finally, BI Asset Management Fondsmaeglerselskab A S grew its holdings in Hyatt Hotels by 195.7% during the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,369 shares of the company’s stock worth $179,000 after acquiring an additional 906 shares during the period. Institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.