Hyatt Hotels Co. (NYSE:H – Get Free Report) has been given an average rating of “Hold” by the twenty-one analysts that are currently covering the company, Marketbeat reports. Fourteen equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $155.21.
H has been the subject of several analyst reports. Bank of America increased their price objective on Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. JPMorgan Chase & Co. increased their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Morgan Stanley reduced their price objective on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Monday, November 4th. Finally, Macquarie cut their price target on Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st.
Read Our Latest Research Report on Hyatt Hotels
Insider Transactions at Hyatt Hotels
Institutional Investors Weigh In On Hyatt Hotels
Hedge funds and other institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its position in Hyatt Hotels by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company’s stock worth $166,000 after purchasing an additional 155 shares during the last quarter. Versant Capital Management Inc boosted its holdings in shares of Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after acquiring an additional 175 shares in the last quarter. Oddo BHF Asset Management Sas bought a new position in shares of Hyatt Hotels in the third quarter valued at approximately $1,728,000. Synovus Financial Corp boosted its holdings in shares of Hyatt Hotels by 15.4% in the third quarter. Synovus Financial Corp now owns 3,492 shares of the company’s stock valued at $531,000 after acquiring an additional 467 shares in the last quarter. Finally, Tidal Investments LLC acquired a new stake in Hyatt Hotels during the third quarter valued at approximately $273,000. Institutional investors own 73.54% of the company’s stock.
Hyatt Hotels Price Performance
H stock opened at $151.39 on Thursday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The business has a 50 day simple moving average of $156.39 and a 200-day simple moving average of $151.58. The firm has a market capitalization of $14.54 billion, a PE ratio of 11.41 and a beta of 1.48. Hyatt Hotels has a 1 year low of $124.40 and a 1 year high of $168.20.
Hyatt Hotels (NYSE:H – Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. The company had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same period in the prior year, the business posted $0.70 earnings per share. Equities research analysts anticipate that Hyatt Hotels will post 3.89 earnings per share for the current fiscal year.
Hyatt Hotels Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend was Friday, November 22nd. Hyatt Hotels’s payout ratio is currently 4.52%.
Hyatt Hotels Company Profile
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 Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.
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