Hyatt Hotels (H) Set to Announce Quarterly Earnings on Thursday

Hyatt Hotels (NYSE:HGet Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, February 15th. Analysts expect Hyatt Hotels to post earnings of $0.35 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Hyatt Hotels Trading Up 1.8 %

Shares of NYSE:H opened at $132.78 on Tuesday. Hyatt Hotels has a 12-month low of $96.77 and a 12-month high of $133.62. The company has a market capitalization of $13.69 billion, a PE ratio of 29.64, a PEG ratio of 20.23 and a beta of 1.46. The business has a 50 day moving average of $128.86 and a two-hundred day moving average of $116.64. The company has a current ratio of 0.73, a quick ratio of 0.72 and a debt-to-equity ratio of 0.85.

Insider Buying and Selling

In other news, insider Joan Bottarini sold 4,250 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $129.39, for a total value of $549,907.50. Following the completion of the transaction, the insider now directly owns 15,551 shares of the company’s stock, valued at $2,012,143.89. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider Malaika Myers sold 3,351 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $120.35, for a total value of $403,292.85. Following the completion of the transaction, the insider now directly owns 15,956 shares of the company’s stock, valued at $1,920,304.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Joan Bottarini sold 4,250 shares of Hyatt Hotels stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $129.39, for a total value of $549,907.50. Following the completion of the sale, the insider now directly owns 15,551 shares of the company’s stock, valued at approximately $2,012,143.89. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 78,552 shares of company stock valued at $9,918,594. 22.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Hyatt Hotels

A number of hedge funds and other institutional investors have recently made changes to their positions in H. Morgan Stanley grew its position in Hyatt Hotels by 340.1% during the fourth quarter. Morgan Stanley now owns 2,033,818 shares of the company’s stock valued at $183,959,000 after acquiring an additional 1,571,739 shares during the period. Select Equity Group L.P. grew its position in Hyatt Hotels by 196.2% during the first quarter. Select Equity Group L.P. now owns 2,206,791 shares of the company’s stock valued at $246,697,000 after acquiring an additional 1,461,693 shares during the period. Alliancebernstein L.P. grew its position in Hyatt Hotels by 4,359.5% during the third quarter. Alliancebernstein L.P. now owns 981,529 shares of the company’s stock valued at $79,465,000 after acquiring an additional 959,519 shares during the period. Sculptor Capital LP grew its position in Hyatt Hotels by 136.3% during the first quarter. Sculptor Capital LP now owns 1,449,124 shares of the company’s stock valued at $138,319,000 after acquiring an additional 835,982 shares during the period. Finally, Norges Bank purchased a new stake in Hyatt Hotels during the fourth quarter valued at about $68,934,000. Hedge funds and other institutional investors own 46.03% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on H shares. Royal Bank of Canada increased their price objective on Hyatt Hotels from $36.00 to $37.00 and gave the company a “sector perform” rating in a research note on Thursday, November 9th. Jefferies Financial Group upped their target price on Hyatt Hotels from $104.00 to $127.00 and gave the company a “hold” rating in a report on Tuesday, January 2nd. HSBC started coverage on Hyatt Hotels in a report on Monday, October 23rd. They issued a “buy” rating and a $133.00 target price for the company. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, November 6th. Finally, Evercore ISI reiterated an “in-line” rating and set a $135.00 price target on shares of Hyatt Hotels in a report on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and a consensus price target of $124.14.

Check Out Our Latest Research Report on Hyatt Hotels

About Hyatt Hotels

(Get Free Report)

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/SW Asia 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, resorts, and other properties, including timeshare, fractional, residential, vacation, and condominium units.

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Earnings History for Hyatt Hotels (NYSE:H)

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