Hyatt Hotels Co. (NYSE:H) Insider Sells $157,780.00 in Stock

Hyatt Hotels Co. (NYSE:HGet Free Report) insider Margaret C. Egan sold 1,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $157.78, for a total value of $157,780.00. Following the completion of the transaction, the insider now owns 20,546 shares in the company, valued at approximately $3,241,747.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Hyatt Hotels Price Performance

Shares of NYSE:H opened at $159.15 on Friday. Hyatt Hotels Co. has a one year low of $96.77 and a one year high of $159.93. The stock has a market cap of $16.38 billion, a PE ratio of 78.02, a price-to-earnings-growth ratio of 22.71 and a beta of 1.49. The business’s fifty day moving average price is $141.15 and its two-hundred day moving average price is $123.48. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60.

Hyatt Hotels (NYSE:HGet Free Report) last announced its earnings results on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.26. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. The firm had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter last year, the business earned $2.55 earnings per share. On average, analysts forecast that Hyatt Hotels Co. will post 3.25 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. Hyatt Hotels’s payout ratio is 29.41%.

Analyst Ratings Changes

H has been the topic of a number of recent research reports. StockNews.com cut shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Tuesday, March 19th. Wells Fargo & Company raised their price target on Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a report on Monday, February 26th. Royal Bank of Canada lifted their target price on Hyatt Hotels from $37.00 to $41.00 and gave the company a “sector perform” rating in a research note on Wednesday, February 14th. JPMorgan Chase & Co. upped their price target on Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research note on Friday, March 1st. Finally, Barclays lifted their price objective on shares of Hyatt Hotels from $119.00 to $128.00 and gave the company an “equal weight” rating in a research report on Monday, January 29th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $134.56.

View Our Latest Analysis on Hyatt Hotels

Institutional Investors Weigh In On Hyatt Hotels

Institutional investors have recently added to or reduced their stakes in the company. Grayhawk Investment Strategies Inc. purchased a new position in Hyatt Hotels in the fourth quarter valued at about $817,000. Vanguard Group Inc. boosted its holdings in Hyatt Hotels by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 4,221,373 shares of the company’s stock worth $550,509,000 after acquiring an additional 144,356 shares during the period. Goldman Sachs Group Inc. grew its position in Hyatt Hotels by 17.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 409,283 shares of the company’s stock valued at $53,375,000 after acquiring an additional 60,363 shares in the last quarter. TT International Asset Management LTD purchased a new stake in shares of Hyatt Hotels during the fourth quarter valued at approximately $277,000. Finally, American International Group Inc. boosted its stake in shares of Hyatt Hotels by 15,334.4% in the fourth quarter. American International Group Inc. now owns 59,731 shares of the company’s stock valued at $7,790,000 after purchasing an additional 59,344 shares during the period. Hedge funds and other institutional investors own 46.03% of the company’s stock.

Hyatt Hotels Company Profile

(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 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.

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Insider Buying and Selling by Quarter for Hyatt Hotels (NYSE:H)

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