Hyatt Hotels Co. (NYSE:H) Given Average Recommendation of “Hold” by Brokerages

Hyatt Hotels Co. (NYSE:H) has received an average recommendation of “Hold” from the nineteen brokerages that are presently covering the company, Marketbeat.com reports. Eleven analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $162.24.

A number of analysts recently weighed in on H shares. StockNews.com lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Evercore ISI raised shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target on the stock in a report on Wednesday. Wells Fargo & Company dropped their price objective on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, February 4th. Robert W. Baird decreased their target price on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. Finally, Jefferies Financial Group lifted their price target on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd.

Hyatt Hotels Price Performance

Hyatt Hotels stock opened at $136.82 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. Hyatt Hotels has a one year low of $128.91 and a one year high of $168.20. The firm has a market capitalization of $13.16 billion, a P/E ratio of 11.00 and a beta of 1.51. The business has a fifty day moving average price of $152.38 and a 200-day moving average price of $152.78.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the previous year, the firm earned $0.64 EPS. As a group, equities research analysts forecast that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.44%. Hyatt Hotels’s dividend payout ratio (DPR) is currently 4.82%.

Insider Activity

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the sale, the director now owns 37,927 shares of the company’s stock, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 23.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Hyatt Hotels

Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning grew its position in shares of Hyatt Hotels by 7.1% in the 3rd quarter. Creative Planning now owns 4,544 shares of the company’s stock worth $692,000 after buying an additional 300 shares during the last quarter. Blue Trust Inc. boosted its holdings in Hyatt Hotels by 190.2% in the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after acquiring an additional 213 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Hyatt Hotels by 18.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,035 shares of the company’s stock valued at $310,000 after purchasing an additional 321 shares during the period. State of Alaska Department of Revenue raised its holdings in Hyatt Hotels by 7.1% in the 3rd quarter. State of Alaska Department of Revenue now owns 5,260 shares of the company’s stock worth $800,000 after purchasing an additional 350 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its position in shares of Hyatt Hotels by 21.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock worth $94,000 after purchasing an additional 110 shares during the period. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels Company Profile

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.