Hyatt Hotels Corporation (NYSE:H) Stock Has Average Target Price of $197.80

Hyatt Hotels Corporation (NYSE:H) has been given an average rating of “Moderate Buy” by the sixteen ratings firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $197.80.

A number of research analysts have commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of Hyatt Hotels in a research note on Monday, September 21st. Wells Fargo & Company increased their target price on Hyatt Hotels from $182.00 to $186.00 and gave the company an “equal weight” rating in a research note on Thursday, July 16th. Susquehanna raised their target price on Hyatt Hotels from $180.00 to $185.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Morgan Stanley reduced their price target on Hyatt Hotels from $218.00 to $209.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 18th. Finally, Truist Financial upped their price target on Hyatt Hotels from $187.00 to $198.00 and gave the stock a “buy” rating in a report on Thursday, September 10th.

Hyatt Hotels Stock Performance

Shares of H stock opened at $158.87 on Friday. The company’s fifty day simple moving average is $169.67 and its 200-day simple moving average is $172.62. Hyatt Hotels has a 52 week low of $134.18 and a 52 week high of $206.86. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.01. The company has a market cap of $14.97 billion, a PE ratio of 193.75 and a beta of 1.40.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.21. Hyatt Hotels had a net margin of 1.10% and a return on equity of 7.27%. The firm had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.82 billion. During the same period in the prior year, the company earned $0.68 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. As a group, equities research analysts anticipate that Hyatt Hotels will post 3.54 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th were paid a $0.15 dividend. The ex-dividend date was Thursday, August 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio is 73.17%.

Insiders Place Their Bets

In related news, insider Amar Lalvani sold 1,364 shares of the firm’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $163.06, for a total transaction of $222,413.84. Following the completion of the sale, the insider directly owned 4,894 shares of the company’s stock, valued at approximately $798,015.64. This trade represents a 21.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Susan Kronick sold 1,700 shares of Hyatt Hotels stock in a transaction on Monday, August 17th. The stock was sold at an average price of $179.88, for a total transaction of $305,796.00. Following the sale, the director directly owned 29,525 shares in the company, valued at $5,310,957. This trade represents a 5.44% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 23.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Raiffeisen Bank International AG raised its stake in shares of Hyatt Hotels by 140.8% in the 2nd quarter. Raiffeisen Bank International AG now owns 171 shares of the company’s stock valued at $34,000 after purchasing an additional 100 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in Hyatt Hotels in the second quarter worth about $39,000. Clearstead Advisors LLC increased its holdings in Hyatt Hotels by 619.4% in the fourth quarter. Clearstead Advisors LLC now owns 259 shares of the company’s stock valued at $42,000 after buying an additional 223 shares during the last quarter. Evelyn Partners Asset Management Ltd acquired a new stake in Hyatt Hotels during the first quarter valued at approximately $38,000. Finally, Global Retirement Partners LLC raised its stake in Hyatt Hotels by 1,710.0% during the fourth quarter. Global Retirement Partners LLC now owns 362 shares of the company’s stock valued at $58,000 after buying an additional 342 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation (NYSE:H) is a global hospitality company that manages, franchises, licenses and owns a portfolio of hotels, resorts and other lodging properties. Its brands span full-service, select-service, luxury, lifestyle, all-inclusive and extended-stay accommodations, serving business and leisure travelers.

The company’s portfolio includes brands such as Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, Destination by Hyatt, Hyatt Place, Hyatt House, Hyatt Centric, Caption by Hyatt and World of Hyatt.