Hyatt Hotels (NYSE:H) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group assumed coverage on shares of Hyatt Hotels (NYSE:H) in a report published on Wednesday morning, Marketbeat.com reports. The brokerage issued a buy rating and a $198.00 price target on the stock.

Several other equities research analysts have also recently commented on the company. Mizuho boosted their target price on Hyatt Hotels from $203.00 to $223.00 and gave the stock an “outperform” rating in a report on Tuesday. Barclays raised Hyatt Hotels from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $161.00 to $200.00 in a research note on Wednesday, December 17th. Wells Fargo & Company assumed coverage on Hyatt Hotels in a research note on Tuesday, November 18th. They set an “equal weight” rating and a $154.00 target price for the company. Truist Financial lifted their target price on Hyatt Hotels from $159.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Finally, JPMorgan Chase & Co. began coverage on shares of Hyatt Hotels in a research report on Monday, November 24th. They issued an “overweight” rating and a $178.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $171.13.

Hyatt Hotels Stock Performance

H stock opened at $167.86 on Wednesday. The company has a 50-day simple moving average of $161.42 and a 200 day simple moving average of $150.06. The company has a market capitalization of $15.94 billion, a P/E ratio of -180.49, a PEG ratio of 1.90 and a beta of 1.29. The company has a quick ratio of 0.68, a current ratio of 0.69 and a debt-to-equity ratio of 1.47. Hyatt Hotels has a fifty-two week low of $102.43 and a fifty-two week high of $174.58.

Hyatt Hotels (NYSE:H) last released 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). The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.82 billion. Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.94 earnings per share. Sell-side analysts predict that Hyatt Hotels will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, November 24th. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio (DPR) is currently -64.52%.

Insider Activity

In other news, insider Peter Sears sold 12,394 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $155.51, for a total transaction of $1,927,390.94. Following the completion of the transaction, the insider directly owned 5,594 shares of the company’s stock, valued at $869,922.94. This represents a 68.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Javier Aguila sold 9,548 shares of the business’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 value of $1,583,726.76. Following the completion of the sale, the insider owned 2,684 shares in the company, valued at $445,195.08. The trade was a 78.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 33,383 shares of company stock worth $5,321,682 over the last three months. Corporate insiders own 23.70% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Institutional investors and hedge funds have recently modified their holdings of the company. Johnson Financial Group Inc. raised its stake in Hyatt Hotels by 450.0% in the third quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock valued at $25,000 after buying an additional 144 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Hyatt Hotels by 98.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock worth $31,000 after buying an additional 107 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Hyatt Hotels by 86.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 239 shares of the company’s stock valued at $33,000 after buying an additional 111 shares during the last quarter. Quent Capital LLC bought a new position in Hyatt Hotels in the 3rd quarter valued at about $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Hyatt Hotels during the third quarter worth approximately $34,000. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels News Roundup

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: Morgan Stanley raised its price target to $194 and reiterated an “overweight” stance, signaling meaningful upside vs. current levels. This upgrade supports the bullish case that Hyatt’s longer-term growth and margin recovery could re-rate the shares. Article Title
• Positive Sentiment: The Goldman Sachs team started coverage with a “buy” and a $198 price target, adding another influential buy-side voice that may drive renewed interest from institutional investors. Article Title
• Positive Sentiment: Mizuho published a bullish forecast for Hyatt, reinforcing a narrative of price appreciation among some brokerage firms and contributing to demand for the shares. Article Title
• Positive Sentiment: Brand and loyalty initiatives: Hyatt is expanding its consumer-facing push — new leadership, brands and markets highlighted in Forbes — and inked a World of Hyatt sponsorship/loyalty tie-up with the new Audi Revolut F1 team, which could boost global loyalty engagement and premium customer acquisition over time. Article Title Audi F1 Sponsorship Hyatt F1 Loyalty Deal
• Neutral Sentiment: Barclays trimmed its target slightly (from $200 to $198) but kept an “overweight” rating — a modest revision that keeps consensus sentiment positive but is not a major directional change. Article Title
• Negative Sentiment: Operational/earnings pressure remains: Hyatt’s most recent quarterly release showed a sizable EPS miss (reported loss vs. expectations) and revenue below Street estimates, which keeps near-term sentiment cautious and helps explain the share price pullback despite upbeat analyst notes. (Company earnings release, Nov. 6).

About Hyatt Hotels

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.