Hyatt Hotels Co. (NYSE:H) Given Average Rating of “Hold” by Brokerages

Hyatt Hotels Co. (NYSE:H – Get Rating) has earned a consensus recommendation of “Hold” from the fifteen research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $95.83.

A number of research firms have issued reports on H. Truist Financial upped their target price on shares of Hyatt Hotels from $111.00 to $121.00 and gave the company a “na” rating in a research report on Tuesday, May 17th. StockNews.com initiated coverage on shares of Hyatt Hotels in a research report on Thursday, March 31st. They set a “sell” rating on the stock. Zacks Investment Research upgraded shares of Hyatt Hotels from a “strong sell” rating to a “hold” rating and set a $101.00 price target on the stock in a research report on Wednesday, April 27th. Berenberg Bank upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating and increased their price target for the company from $80.00 to $85.00 in a research report on Monday, May 16th. Finally, Wells Fargo & Company increased their price target on shares of Hyatt Hotels from $100.00 to $111.00 and gave the company an “overweight” rating in a research report on Tuesday, February 22nd.

Hyatt Hotels stock opened at $88.36 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 1.08. Hyatt Hotels has a 1 year low of $67.70 and a 1 year high of $108.10. The company has a market cap of $9.72 billion, a PE ratio of 631.19 and a beta of 1.38. The company’s 50-day moving average is $90.45 and its two-hundred day moving average is $90.54.

Hyatt Hotels (NYSE:H – Get Rating) last released its earnings results on Tuesday, May 10th. The company reported ($0.33) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.41) by $0.08. Hyatt Hotels had a net margin of 0.23% and a negative return on equity of 6.42%. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the company posted ($3.57) EPS. Research analysts forecast that Hyatt Hotels will post -0.16 EPS for the current year.

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 900 shares of the firm’s stock in a transaction on Thursday, May 12th. The stock was sold at an average price of $81.01, for a total transaction of $72,909.00. Following the completion of the sale, the insider now owns 5,767 shares of the company’s stock, valued at approximately $467,184.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael A. Rocca sold 3,000 shares of the firm’s stock in a transaction on Tuesday, March 1st. The shares were sold at an average price of $93.09, for a total value of $279,270.00. The disclosure for this sale can be found here. Insiders sold 9,145 shares of company stock valued at $800,650 over the last three months. 21.24% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the business. Exchange Traded Concepts LLC acquired a new stake in shares of Hyatt Hotels during the fourth quarter worth $26,000. CWM LLC acquired a new stake in shares of Hyatt Hotels during the fourth quarter worth $26,000. Steward Partners Investment Advisory LLC lifted its holdings in shares of Hyatt Hotels by 102.9% during the first quarter. Steward Partners Investment Advisory LLC now owns 284 shares of the company’s stock worth $27,000 after buying an additional 144 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of Hyatt Hotels by 136.4% during the first quarter. Captrust Financial Advisors now owns 487 shares of the company’s stock worth $46,000 after buying an additional 281 shares in the last quarter. Finally, Sageworth Trust Co of South Dakota acquired a new stake in shares of Hyatt Hotels during the fourth quarter worth $52,000. 46.41% of the stock is owned by institutional investors and hedge funds.

About Hyatt Hotels (Get Rating)

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/SW Asia Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels, select service hotels, resorts, and other properties, including timeshare, fractional, residential, vacation, and condominium units.

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