Hyatt Hotels (NYSE:H) Insider Kinsey Wolf Sells 400 Shares of Stock

Hyatt Hotels Corporation (NYSE:H) insider Kinsey Wolf sold 400 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $144.34, for a total transaction of $57,736.00. Following the transaction, the insider directly owned 945 shares in the company, valued at approximately $136,401.30. This trade represents a 29.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Kinsey Wolf also recently made the following trade(s):

• On Monday, March 23rd, Kinsey Wolf sold 400 shares of Hyatt Hotels stock. The stock was sold at an average price of $147.28, for a total value of $58,912.00.

Hyatt Hotels Stock Up 2.5%

NYSE H traded up $3.61 during trading on Monday, reaching $145.72. 631,248 shares of the company’s stock traded hands, compared to its average volume of 907,806. Hyatt Hotels Corporation has a 12-month low of $102.43 and a 12-month high of $180.53. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market cap of $13.77 billion, a price-to-earnings ratio of -260.21, a price-to-earnings-growth ratio of 1.68 and a beta of 1.22. The company’s 50 day simple moving average is $160.08 and its two-hundred day simple moving average is $155.01.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $0.29 by $1.04. The firm had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.78 billion. Hyatt Hotels had a positive return on equity of 5.53% and a negative net margin of 0.73%.During the same period in the previous year, the company posted $0.42 EPS. As a group, sell-side analysts forecast that Hyatt Hotels Corporation will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.15 per share. The ex-dividend date was Monday, March 2nd. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio is -107.14%.

Analysts Set New Price Targets

H has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Hyatt Hotels from $178.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Stifel Nicolaus raised their price objective on Hyatt Hotels from $158.00 to $164.00 and gave the stock a “hold” rating in a research note on Wednesday, December 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hyatt Hotels in a report on Monday, December 29th. The Goldman Sachs Group initiated coverage on shares of Hyatt Hotels in a research note on Wednesday, January 14th. They issued a “buy” rating and a $198.00 price objective on the stock. Finally, Evercore restated an “in-line” rating and issued a $175.00 target price (up from $170.00) on shares of Hyatt Hotels in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $175.80.

Institutional Investors Weigh In On Hyatt Hotels

A number of institutional investors have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new position in Hyatt Hotels during the fourth quarter worth $26,000. Johnson Financial Group Inc. grew its position in shares of Hyatt Hotels by 450.0% in the third quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock valued at $25,000 after purchasing an additional 144 shares during the period. DV Equities LLC purchased a new stake in shares of Hyatt Hotels during the fourth quarter worth about $32,000. Ares Financial Consulting LLC acquired a new position in shares of Hyatt Hotels during the 4th quarter worth about $34,000. Finally, EverSource Wealth Advisors LLC lifted its stake in Hyatt Hotels by 98.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock valued at $31,000 after buying an additional 107 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

About Hyatt Hotels

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.