Hyatt Hotels (NYSE:H) Insider Amar Lalvani Sells 1,364 Shares

Hyatt Hotels Corporation (NYSE:H) insider Amar Lalvani sold 1,364 shares of the stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $163.06, for a total value of $222,413.84. Following the sale, the insider directly owned 4,894 shares of the company’s stock, valued at $798,015.64. The trade was a 21.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hyatt Hotels Price Performance

Hyatt Hotels stock opened at $158.75 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.62 and a quick ratio of 0.62. The business has a 50 day simple moving average of $176.91 and a 200-day simple moving average of $172.40. Hyatt Hotels Corporation has a 12 month low of $134.18 and a 12 month high of $206.86. The stock has a market capitalization of $14.96 billion, a PE ratio of 193.60 and a beta of 1.34.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.21. The company had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Hyatt Hotels had a net margin of 1.10% and a return on equity of 7.27%. Hyatt Hotels’s revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.68 EPS. Equities analysts predict that Hyatt Hotels Corporation will post 3.54 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

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

Analyst Ratings Changes

H has been the topic of several recent research reports. Stifel Nicolaus set a $182.00 price objective on shares of Hyatt Hotels in a research report on Friday, May 29th. Wall Street Zen raised Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Saturday, May 23rd. Barclays dropped their price target on Hyatt Hotels from $220.00 to $201.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. JPMorgan Chase & Co. decreased their price objective on Hyatt Hotels from $215.00 to $209.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hyatt Hotels in a research note on Wednesday, June 24th. Ten research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $197.80.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp purchased a new stake in shares of Hyatt Hotels in the second quarter worth about $56,408,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Hyatt Hotels by 8,321.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 188,551 shares of the company’s stock valued at $30,228,000 after purchasing an additional 186,312 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Hyatt Hotels by 27.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 585,530 shares of the company’s stock worth $93,872,000 after purchasing an additional 126,877 shares in the last quarter. Engineers Gate Manager LP purchased a new position in shares of Hyatt Hotels in the fourth quarter valued at $18,699,000. Finally, Fiera Capital Corp boosted its stake in shares of Hyatt Hotels by 33.5% in the fourth quarter. Fiera Capital Corp now owns 324,332 shares of the company’s stock valued at $51,997,000 after purchasing an additional 81,308 shares during the period. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Hyatt Hotels

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: Hyatt is expanding its all-inclusive footprint with the planned December 10 opening of the Grand Hyatt Cancun Beach Resort. The property will feature 14 dining concepts, nine pools and a beach club, potentially supporting future fee revenue and brand growth. Grand Hyatt all-inclusive to open in Cancun gated community
• Positive Sentiment: A 382-room Grand Hyatt is also planned for Grand Cayman, with oceanfront pools and 900 feet of waterfront. The project adds another upscale resort to Hyatt’s pipeline and may strengthen its presence in the Caribbean. Grand Hyatt Grand Cayman development
• Neutral Sentiment: Hyatt’s Inclusive Collection launched a winter promotion offering up to 35% off. The campaign could boost occupancy and bookings, but the discounts may also limit revenue per available room and margins. Hyatt Inclusive Collection winter sale
• Neutral Sentiment: Wide award availability at Hyatt’s newer Hawaiian hotels for 20,000 points could encourage loyalty-program engagement and travel demand, though the use of points may carry lower economics than cash bookings. Hyatt Hawaiian hotel award availability
• Negative Sentiment: Amar Lalvani, Hyatt’s executive vice president and president and creative director of Lifestyle, sold 1,364 shares at an average price of $163.06, reducing his holdings by 21.8%. The transaction, worth approximately $222,414, may weigh on sentiment because insider selling can be interpreted as a lack of near-term conviction, although it does not necessarily indicate a change in company fundamentals. Hyatt insider transaction filing

Hyatt Hotels Company Profile

Hyatt Hotels Corporation (NYSE:H) is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and lifestyle accommodations to full-service and select-service hotels.

The company’s brands include Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, The Unbound Collection by Hyatt, Destination by Hyatt, Hyatt Place and Hyatt House.