Hyatt Hotels Co. (NYSE:H) Sees Significant Decrease in Short Interest

Hyatt Hotels Co. (NYSE:HGet Rating) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totalling 2,940,000 shares, a decline of 7.8% from the August 15th total of 3,190,000 shares. Based on an average trading volume of 678,800 shares, the short-interest ratio is presently 4.3 days.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on H shares. Barclays started coverage on Hyatt Hotels in a report on Tuesday, June 28th. They issued an “overweight” rating and a $103.00 price objective for the company. Robert W. Baird boosted their price target on Hyatt Hotels from $94.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, August 24th. raised Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Thursday, August 11th. Berenberg Bank raised Hyatt Hotels from a “hold” rating to a “buy” rating and boosted their price target for the stock from $85.00 to $105.00 in a report on Thursday, September 15th. Finally, Evercore ISI lowered their price target on Hyatt Hotels from $110.00 to $100.00 and set an “in-line” rating for the company in a report on Monday, July 11th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from, Hyatt Hotels presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.38.

Hyatt Hotels Trading Up 0.8 %

NYSE H opened at $89.78 on Tuesday. The business’s 50-day moving average price is $86.89 and its two-hundred day moving average price is $87.00. Hyatt Hotels has a 12 month low of $70.12 and a 12 month high of $108.10. The firm has a market capitalization of $9.90 billion, a PE ratio of 43.37 and a beta of 1.37. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.05.

Hyatt Hotels (NYSE:HGet Rating) last released its quarterly earnings results on Tuesday, August 9th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.47. Hyatt Hotels had a negative return on equity of 1.40% and a net margin of 4.78%. During the same period last year, the firm posted ($1.15) EPS. On average, analysts expect that Hyatt Hotels will post 0.68 EPS for the current year.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 43,418 shares of Hyatt Hotels stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $90.42, for a total value of $3,925,855.56. Following the completion of the transaction, the insider now directly owns 436,951 shares of the company’s stock, valued at approximately $39,509,109.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 21.24% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in H. Massachusetts Financial Services Co. MA acquired a new position in Hyatt Hotels during the 1st quarter worth approximately $220,088,000. Bank of Nova Scotia raised its stake in Hyatt Hotels by 1,013.7% during the 1st quarter. Bank of Nova Scotia now owns 1,663,034 shares of the company’s stock worth $158,736,000 after buying an additional 1,513,706 shares during the period. Sculptor Capital LP raised its stake in Hyatt Hotels by 136.3% during the 1st quarter. Sculptor Capital LP now owns 1,449,124 shares of the company’s stock worth $138,319,000 after buying an additional 835,982 shares during the period. Millennium Management LLC raised its stake in Hyatt Hotels by 6,188.6% during the 4th quarter. Millennium Management LLC now owns 726,589 shares of the company’s stock worth $69,680,000 after buying an additional 715,035 shares during the period. Finally, Long Pond Capital LP raised its stake in Hyatt Hotels by 232.9% during the 2nd quarter. Long Pond Capital LP now owns 927,345 shares of the company’s stock worth $68,540,000 after buying an additional 648,791 shares during the period. 46.21% of the stock is owned by institutional investors and hedge funds.

About Hyatt Hotels

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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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