Analysts Set Hyatt Hotels Co. (NYSE:H) Target Price at $151.17

Shares of Hyatt Hotels Co. (NYSE:H) have been given an average rating of “Hold” by the nineteen analysts that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $151.17.

H has been the topic of several recent research reports. Susquehanna upped their price target on Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Evercore ISI decreased their price target on shares of Hyatt Hotels from $175.00 to $160.00 and set an “outperform” rating for the company in a research note on Friday, May 2nd. Mizuho lowered their price target on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. Macquarie cut their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Finally, Barclays lifted their target price on shares of Hyatt Hotels from $122.00 to $127.00 and gave the company an “equal weight” rating in a report on Friday, May 2nd.

Hyatt Hotels Trading Up 0.8%

Shares of H opened at $135.30 on Wednesday. Hyatt Hotels has a 1-year low of $102.43 and a 1-year high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm’s 50-day moving average price is $118.88 and its 200-day moving average price is $141.34. The firm has a market capitalization of $13.01 billion, a price-to-earnings ratio of 10.88 and a beta of 1.36.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.16. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.71 billion. During the same period in the previous year, the firm posted $0.71 EPS. Sell-side analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, May 29th. This represents a $0.60 annualized dividend and a yield of 0.44%. Hyatt Hotels’s payout ratio is 7.79%.

Insiders Place Their Bets

In other news, insider Kinsey Wolf sold 1,000 shares of the company’s stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total value of $122,950.00. Following the transaction, the insider now directly owns 811 shares in the company, valued at approximately $99,712.45. This represents a 55.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the sale, the director now owns 37,927 shares of the company’s stock, valued at $5,377,290.06. The trade was a 4.05% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 377,220 shares of company stock valued at $49,921,103 over the last 90 days. Insiders own 23.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of H. Bernard Wealth Management Corp. purchased a new stake in shares of Hyatt Hotels in the 4th quarter worth approximately $26,000. UMB Bank n.a. lifted its holdings in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after buying an additional 104 shares during the period. Bank of Jackson Hole Trust bought a new stake in Hyatt Hotels during the 1st quarter valued at $31,000. Venturi Wealth Management LLC increased its holdings in shares of Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after acquiring an additional 300 shares during the period. Finally, Fifth Third Bancorp raised its position in shares of Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after acquiring an additional 113 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

About Hyatt Hotels

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.