Stifel Nicolaus Boosts Hyatt Hotels (NYSE:H) Price Target to $154.00

Hyatt Hotels (NYSE:H) had its price target increased by Stifel Nicolaus from $146.00 to $154.00 in a research report report published on Thursday, Benzinga reports. Stifel Nicolaus currently has a hold rating on the stock.

Several other equities analysts have also weighed in on the company. Robert W. Baird lifted their price target on Hyatt Hotels from $116.00 to $134.00 and gave the company a neutral rating in a research note on Tuesday, February 13th. Jefferies Financial Group boosted their price objective on Hyatt Hotels from $104.00 to $127.00 and gave the stock a hold rating in a research note on Tuesday, January 2nd. TheStreet upgraded Hyatt Hotels from a c+ rating to a b- rating in a research note on Thursday, December 14th. Morgan Stanley lowered Hyatt Hotels from an overweight rating to an equal weight rating and boosted their price objective for the stock from $149.00 to $156.00 in a research note on Monday, March 11th. Finally, TD Cowen boosted their price objective on Hyatt Hotels from $95.00 to $160.00 and gave the stock a market perform rating in a research note on Thursday, March 21st. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Hyatt Hotels has a consensus rating of Hold and an average price target of $140.53.

Hyatt Hotels Price Performance

Shares of H opened at $152.75 on Thursday. The business’s 50-day moving average is $149.40 and its two-hundred day moving average is $128.79. The company has a market capitalization of $15.45 billion, a P/E ratio of 74.88, a P/E/G ratio of 22.34 and a beta of 1.49. 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 has a fifty-two week low of $96.77 and a fifty-two week high of $161.50.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Friday, February 23rd. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.26. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same period last year, the firm earned $2.55 EPS. Research analysts predict that Hyatt Hotels will post 3.25 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date of this dividend was Tuesday, February 27th. Hyatt Hotels’s dividend payout ratio is currently 29.41%.

Insider Activity at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 75,457 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total value of $11,957,670.79. Following the transaction, the insider now owns 459,000 shares of the company’s stock, valued at $72,737,730. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 75,457 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $158.47, for a total value of $11,957,670.79. Following the completion of the transaction, the insider now owns 459,000 shares in the company, valued at $72,737,730. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Joan Bottarini sold 4,250 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $128.72, for a total transaction of $547,060.00. Following the completion of the transaction, the insider now owns 11,301 shares of the company’s stock, valued at approximately $1,454,664.72. The disclosure for this sale can be found here. Insiders have sold 2,077,803 shares of company stock valued at $325,526,849 over the last quarter. 21.24% of the stock is owned by insiders.

Institutional Investors Weigh In On Hyatt Hotels

Several hedge funds have recently made changes to their positions in the business. Riverview Trust Co acquired a new stake in shares of Hyatt Hotels during the first quarter worth about $27,000. Gulf International Bank UK Ltd lifted its position in Hyatt Hotels by 5.0% in the first quarter. Gulf International Bank UK Ltd now owns 5,309 shares of the company’s stock valued at $847,000 after purchasing an additional 252 shares during the period. Emprise Bank acquired a new stake in Hyatt Hotels in the first quarter valued at about $319,000. GAMMA Investing LLC lifted its position in Hyatt Hotels by 41.7% in the first quarter. GAMMA Investing LLC now owns 652 shares of the company’s stock valued at $104,000 after purchasing an additional 192 shares during the period. Finally, Grayhawk Investment Strategies Inc. acquired a new stake in Hyatt Hotels in the fourth quarter valued at about $817,000. Institutional investors and hedge funds own 71.02% of the company’s stock.

About Hyatt Hotels

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.