Hyatt Hotels (NYSE:H) Downgraded to Sell Rating by StockNews.com

Hyatt Hotels (NYSE:H) was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.

Other equities research analysts also recently issued reports about the company. Mizuho lowered their price target on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Morgan Stanley lowered their price target on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a report on Monday, November 18th. Deutsche Bank Aktiengesellschaft boosted their price target on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a report on Friday, November 1st. JPMorgan Chase & Co. boosted their price target on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Finally, The Goldman Sachs Group upped their price objective on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $162.39.

Hyatt Hotels Price Performance

H stock opened at $146.06 on Monday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels has a 52-week low of $128.91 and a 52-week high of $168.20. The stock’s 50 day moving average is $156.20 and its two-hundred day moving average is $152.53. The company has a market capitalization of $14.03 billion, a PE ratio of 11.01 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. Analysts predict that Hyatt Hotels will post 3.81 earnings per share for the current fiscal year.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the sale, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bernard Wealth Management Corp. acquired a new position in shares of Hyatt Hotels in the 4th quarter worth $26,000. Versant Capital Management Inc grew its holdings in shares of Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 175 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after acquiring an additional 104 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after acquiring an additional 213 shares during the last quarter. Finally, iA Global Asset Management Inc. acquired a new position in shares of Hyatt Hotels in the 3rd quarter worth $51,000. 73.54% of the stock is currently owned by institutional investors.

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.