Hyatt Hotels (NYSE:H) Insider Kinsey Wolf Sells 400 Shares of Stock

Hyatt Hotels Corporation (NYSE:H) insider Kinsey Wolf sold 400 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $144.34, for a total value of $57,736.00. Following the transaction, the insider directly owned 945 shares of the company’s stock, valued at $136,401.30. This trade represents a 29.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Kinsey Wolf also recently made the following trade(s):

• On Monday, March 23rd, Kinsey Wolf sold 400 shares of Hyatt Hotels stock. The shares were sold at an average price of $147.28, for a total value of $58,912.00.

Hyatt Hotels Stock Performance

Hyatt Hotels stock opened at $145.72 on Tuesday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17. The stock has a market cap of $13.77 billion, a PE ratio of -260.21, a P/E/G ratio of 1.68 and a beta of 1.22. Hyatt Hotels Corporation has a 12-month low of $102.43 and a 12-month high of $180.53. The business’s 50-day moving average price is $159.70 and its two-hundred day moving average price is $155.01.

Hyatt Hotels (NYSE:H) last posted its 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. The firm had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.53%. During the same quarter in the prior year, the business earned $0.42 earnings per share. As a group, analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were given a $0.15 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.4%. Hyatt Hotels’s dividend payout ratio (DPR) is currently -107.14%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Johnson Financial Group Inc. grew its position in shares of Hyatt Hotels by 450.0% in the 3rd 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. Los Angeles Capital Management LLC acquired a new position in shares of Hyatt Hotels in the fourth quarter worth approximately $26,000. EverSource Wealth Advisors LLC boosted its holdings in Hyatt Hotels by 98.2% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock valued at $31,000 after acquiring an additional 107 shares during the last quarter. DV Equities LLC bought a new stake in Hyatt Hotels in the fourth quarter valued at approximately $32,000. Finally, Quent Capital LLC acquired a new stake in Hyatt Hotels during the 3rd quarter valued at approximately $34,000. 73.54% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on H shares. Morgan Stanley lowered their price target on shares of Hyatt Hotels from $194.00 to $185.00 and set an “overweight” rating for the company in a report on Tuesday, March 10th. Wall Street Zen upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Mizuho upped their target price on Hyatt Hotels from $203.00 to $223.00 and gave the stock an “outperform” rating in a report on Tuesday, January 13th. Citigroup lifted their price target on Hyatt Hotels from $167.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Finally, Truist Financial boosted their price target on Hyatt Hotels from $159.00 to $168.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Two investment analysts have 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 MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $175.80.

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.