Hyatt Hotels (NYSE:H) Price Target Raised to $185.00

Hyatt Hotels (NYSE:H) had its target price hoisted by Susquehanna from $150.00 to $185.00 in a report published on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the stock.

Other analysts have also issued reports about the stock. Barclays lowered their price objective on shares of Hyatt Hotels from $200.00 to $197.00 and set an “overweight” rating for the company in a research note on Thursday, April 16th. The Goldman Sachs Group began coverage on shares of Hyatt Hotels in a research note on Wednesday, January 14th. They issued a “buy” rating and a $198.00 price objective for the company. Wells Fargo & Company upped their price objective on shares of Hyatt Hotels from $167.00 to $171.00 and gave the stock an “equal weight” rating in a research note on Friday, February 13th. Morgan Stanley upped their price objective on shares of Hyatt Hotels from $185.00 to $195.00 and gave the stock an “overweight” rating in a research note on Friday, April 10th. Finally, Wall Street Zen raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $181.47.

Hyatt Hotels Trading Down 0.1%

NYSE H opened at $164.36 on Thursday. The company’s 50-day moving average price is $155.64 and its 200-day moving average price is $156.86. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 1.17. The stock has a market cap of $15.53 billion, a PE ratio of -293.50, a PEG ratio of 1.98 and a beta of 1.28. Hyatt Hotels has a 12 month low of $108.24 and a 12 month high of $180.53.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, February 12th. The company reported $1.33 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $1.04. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.53%. The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same period in the prior year, the business posted $0.42 earnings per share. Equities research analysts forecast that Hyatt Hotels will post 3.13 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, March 2nd. Hyatt Hotels’s dividend payout ratio is presently -107.14%.

Insider Activity

In other Hyatt Hotels news, insider Kinsey Wolf sold 400 shares of the stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $147.28, for a total transaction of $58,912.00. Following the completion of the sale, the insider directly owned 545 shares of the company’s stock, valued at approximately $80,267.60. This represents a 42.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Jnp 2010-Pg Trust sold 213,434 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $167.75, for a total transaction of $35,803,553.50. Following the sale, the insider directly owned 213,434 shares of the company’s stock, valued at approximately $35,803,553.50. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 214,234 shares of company stock valued at $35,920,202. Insiders own 23.60% of the company’s stock.

Institutional Trading of Hyatt Hotels

Hedge funds have recently modified their holdings of the company. Los Angeles Capital Management LLC purchased a new stake in shares of Hyatt Hotels during the fourth quarter valued at about $26,000. Johnson Financial Group Inc. lifted its position in shares of Hyatt Hotels by 450.0% during 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 last quarter. DV Equities LLC purchased a new stake in shares of Hyatt Hotels during the fourth quarter valued at about $32,000. Ares Financial Consulting LLC purchased a new stake in shares of Hyatt Hotels during the fourth quarter valued at about $34,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of Hyatt Hotels by 98.2% during the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock valued at $31,000 after buying an additional 107 shares during the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Hyatt Hotels

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

• Positive Sentiment: Analyst uplift — Susquehanna raised its price target from $150 to $185 (neutral rating), signaling upside in Hyatt’s fundamentals and supporting the stock. Susquehanna price target raise
• Positive Sentiment: Award-chart changes could improve profitability — Hyatt is reclassifying 136 properties and raising many award rates (some reports say increases up to ~67%). For investors, higher redemption costs can reduce free-night liability, raise revenue per available room (if guests pay rather than redeem), and improve long-term margins. How Booking Now Can Save You: Hyatt Raising Award Prices Up To 67%
• Neutral Sentiment: Scope and timing — 136 hotels will move to new award categories effective May 20 (about 112 moving up, 24 down). The change is sizeable but phased, giving Hyatt flexibility to manage revenue and loyalty transitions. 136 Hyatt hotels and resorts will shift to new award categories May 20
• Neutral Sentiment: Macro/earnings backdrop — broader market strength and an active earnings season provide a supportive backdrop, but some analysts (e.g., Zacks) caution Hyatt may not have the right setup for an earnings beat next quarter, keeping near-term volatility possible. Hyatt Hotels (H) Earnings Expected to Grow: Should You Buy?
• Negative Sentiment: Insider selling — a reported insider sale of roughly $35.8M in Hyatt stock may concern investors about insider conviction and can put pressure on sentiment. Hyatt Hotels (NYSE:H) Insider Sells $35,803,553.50 in Stock
• Negative Sentiment: Member backlash and booking risk — higher award costs are getting negative press and will reduce loyalty program value for some customers; that could spur short-term booking shifts or cancellations and create PR/headline risk. Hyatt’s new award chart to raise points cost for many hotels

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.