Analysts Set Hyatt Hotels Corporation (NYSE:H) PT at $171.13

Shares of Hyatt Hotels Corporation (NYSE:H) have received a consensus recommendation of “Moderate Buy” from the nineteen ratings firms that are covering the company, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $172.0625.

A number of research analysts recently commented on H shares. JPMorgan Chase & Co. initiated coverage on Hyatt Hotels in a research note on Monday, November 24th. They issued an “overweight” rating and a $178.00 price target for the company. Sanford C. Bernstein restated an “outperform” rating and issued a $188.00 target price on shares of Hyatt Hotels in a research report on Friday, January 2nd. Robert W. Baird upped their price target on shares of Hyatt Hotels from $154.00 to $156.00 and gave the stock a “neutral” rating in a report on Thursday, November 20th. Evercore ISI reissued an “in-line” rating and issued a $175.00 price objective (up from $170.00) on shares of Hyatt Hotels in a research note on Thursday. Finally, Barclays cut their target price on Hyatt Hotels from $200.00 to $198.00 and set an “overweight” rating for the company in a research note on Friday, January 16th.

Hyatt Hotels Trading Down 1.0%

Shares of H stock opened at $163.84 on Monday. The stock has a market cap of $15.56 billion, a P/E ratio of -176.17, a price-to-earnings-growth ratio of 1.83 and a beta of 1.29. Hyatt Hotels has a 1 year low of $102.43 and a 1 year high of $174.58. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 1.47. The stock has a 50 day simple moving average of $162.36 and a 200 day simple moving average of $150.74.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.79). The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.82 billion. Hyatt Hotels had a negative net margin of 1.27% and a positive return on equity of 3.22%. Hyatt Hotels’s revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.94 earnings per share. On average, research analysts predict that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, November 24th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.60 annualized dividend and a yield of 0.4%. Hyatt Hotels’s dividend payout ratio (DPR) is -64.52%.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Javier Aguila sold 9,548 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $165.87, for a total transaction of $1,583,726.76. Following the completion of the transaction, the insider directly owned 2,684 shares in the company, valued at $445,195.08. This represents a 78.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Peter Sears sold 12,394 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $155.51, for a total transaction of $1,927,390.94. Following the completion of the transaction, the insider directly owned 5,594 shares of the company’s stock, valued at approximately $869,922.94. The trade was a 68.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 33,383 shares of company stock worth $5,321,682 over the last 90 days. Insiders own 23.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of Hyatt Hotels by 59.2% during the 4th quarter. Farther Finance Advisors LLC now owns 269 shares of the company’s stock valued at $43,000 after acquiring an additional 100 shares in the last quarter. Third View Private Wealth LLC bought a new position in Hyatt Hotels in the fourth quarter valued at about $768,000. Greenleaf Trust acquired a new stake in Hyatt Hotels during the 4th quarter worth approximately $220,000. Hunter Associates Investment Management LLC lifted its holdings in shares of Hyatt Hotels by 2.4% during the fourth quarter. Hunter Associates Investment Management LLC now owns 36,679 shares of the company’s stock worth $5,877,000 after purchasing an additional 871 shares during the period. Finally, Signaturefd LLC lifted its holdings in Hyatt Hotels by 129.2% during the 4th quarter. Signaturefd LLC now owns 1,350 shares of the company’s stock worth $216,000 after buying an additional 761 shares during the period. 73.54% of the stock is currently owned by institutional investors.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.