Hyatt Hotels (NYSE:H) Insider Javier Aguila Sells 9,548 Shares of Stock

Hyatt Hotels Corporation (NYSE:H) insider Javier Aguila sold 9,548 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $165.87, for a total transaction of $1,583,726.76. Following the completion of the sale, the insider owned 2,684 shares of the company’s stock, valued at approximately $445,195.08. This trade represents a 78.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Hyatt Hotels Stock Performance

Shares of H stock opened at $164.64 on Tuesday. Hyatt Hotels Corporation has a 12-month low of $102.43 and a 12-month high of $168.10. The business’s fifty day simple moving average is $155.46 and its 200-day simple moving average is $147.22. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 1.47. The company has a market cap of $15.63 billion, a PE ratio of -177.03, a PEG ratio of 4.16 and a beta of 1.28.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, November 6th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.79). Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the firm earned $0.94 earnings per share. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. Analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Monday, November 24th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, November 24th. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio is -64.52%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Hyatt Hotels from $155.00 to $158.00 and gave the stock a “hold” rating in a research report on Monday, November 10th. Weiss Ratings reissued a “hold (c-)” rating on shares of Hyatt Hotels in a report on Monday, December 22nd. Morgan Stanley upgraded Hyatt Hotels from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $147.00 to $168.00 in a research note on Wednesday, October 22nd. Citigroup upgraded Hyatt Hotels from a “neutral” rating to a “buy” rating and boosted their price target for the company from $138.00 to $167.00 in a research note on Tuesday, September 9th. Finally, JPMorgan Chase & Co. initiated coverage on Hyatt Hotels in a research note on Monday, November 24th. They issued an “overweight” rating and a $178.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $161.53.

Hedge Funds Weigh In On Hyatt Hotels

Several institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Investment Management Company LLC grew its holdings in Hyatt Hotels by 0.8% during the third quarter. Northwestern Mutual Investment Management Company LLC now owns 9,437 shares of the company’s stock worth $1,339,000 after acquiring an additional 72 shares during the period. Allworth Financial LP grew its stake in shares of Hyatt Hotels by 17.8% during the 3rd quarter. Allworth Financial LP now owns 483 shares of the company’s stock worth $69,000 after purchasing an additional 73 shares during the period. New England Research & Management Inc. increased its holdings in shares of Hyatt Hotels by 0.3% during the 3rd quarter. New England Research & Management Inc. now owns 23,351 shares of the company’s stock valued at $3,314,000 after purchasing an additional 80 shares in the last quarter. Atria Investments Inc lifted its stake in shares of Hyatt Hotels by 4.1% in the 2nd quarter. Atria Investments Inc now owns 2,063 shares of the company’s stock valued at $288,000 after purchasing an additional 81 shares during the period. Finally, US Bancorp DE boosted its holdings in Hyatt Hotels by 2.3% during the third quarter. US Bancorp DE now owns 3,788 shares of the company’s stock worth $538,000 after buying an additional 85 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.