Hyatt Hotels (NYSE:H) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Hyatt Hotels (NYSE:H) had its price objective upped by Stifel Nicolaus from $155.00 to $158.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 1.13% from the company’s previous close.

H has been the topic of several other research reports. Wall Street Zen cut shares of Hyatt Hotels from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 17th. Morgan Stanley upgraded shares of Hyatt Hotels from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $147.00 to $168.00 in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Hyatt Hotels in a report on Wednesday, October 8th. Barclays boosted their price objective on Hyatt Hotels from $156.00 to $161.00 and gave the stock an “equal weight” rating in a research note on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft raised Hyatt Hotels from a “hold” rating to a “buy” rating in a research note on Monday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $158.60.

Hyatt Hotels Trading Down 0.2%

Shares of Hyatt Hotels stock opened at $156.24 on Monday. Hyatt Hotels has a twelve month low of $102.43 and a twelve month high of $168.20. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.45. The business has a 50-day moving average price of $144.64 and a 200-day moving average price of $139.77. The firm has a market cap of $14.92 billion, a price-to-earnings ratio of 37.11, a PEG ratio of 2.54 and a beta of 1.43.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.30) EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.79). Hyatt Hotels had a net margin of 6.39% and a return on equity of 6.54%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the previous year, the company posted $0.94 earnings per share. Hyatt Hotels’s quarterly revenue was up 9.6% on a year-over-year basis. Equities research analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider David Udell sold 4,051 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $145.00, for a total value of $587,395.00. Following the completion of the transaction, the insider directly owned 16,756 shares in the company, valued at approximately $2,429,620. This represents a 19.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 23.70% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. SCS Capital Management LLC acquired a new position in shares of Hyatt Hotels in the first quarter valued at approximately $407,000. ASR Vermogensbeheer N.V. purchased a new position in Hyatt Hotels in the 1st quarter valued at approximately $1,155,000. Russell Investments Group Ltd. grew its stake in shares of Hyatt Hotels by 12.7% in the first quarter. Russell Investments Group Ltd. now owns 27,651 shares of the company’s stock worth $3,386,000 after acquiring an additional 3,117 shares in the last quarter. Long Pond Capital LP purchased a new stake in shares of Hyatt Hotels during the first quarter worth $191,922,000. Finally, Sovereign Financial Group Inc. acquired a new stake in shares of Hyatt Hotels in the second quarter valued at $392,000. 73.54% of the stock is currently owned by institutional investors and hedge funds.

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.