Hyatt Hotels Corporation (NYSE:H) Receives $150.63 Consensus Target Price from Analysts

Shares of Hyatt Hotels Corporation (NYSE:H) have been assigned an average recommendation of “Moderate Buy” from the twenty ratings firms that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $150.63.

Several brokerages have commented on H. Truist Financial dropped their target price on shares of Hyatt Hotels from $156.00 to $140.00 and set a “buy” rating for the company in a research report on Friday, May 30th. Robert W. Baird upped their target price on shares of Hyatt Hotels from $146.00 to $148.00 and gave the company a “neutral” rating in a research report on Tuesday, July 1st. Macquarie dropped their target price on shares of Hyatt Hotels from $155.00 to $150.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. The Goldman Sachs Group boosted their price target on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a “sell” rating in a report on Friday, May 2nd. Finally, Barclays boosted their price target on shares of Hyatt Hotels from $122.00 to $127.00 and gave the company an “equal weight” rating in a report on Friday, May 2nd.

Hyatt Hotels Stock Performance

Shares of Hyatt Hotels stock opened at $147.36 on Thursday. The firm has a fifty day moving average of $131.62 and a two-hundred day moving average of $136.00. The stock has a market capitalization of $14.07 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 4.76 and a beta of 1.42. Hyatt Hotels has a 52 week low of $102.43 and a 52 week high of $168.20. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.98 and a current ratio of 0.98.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, May 1st. The company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.30 by $0.16. The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Hyatt Hotels had a net margin of 11.94% and a return on equity of 8.98%. During the same quarter in the previous year, the company posted $0.71 EPS. As a group, equities research analysts predict that Hyatt Hotels will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Thursday, May 29th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date of this dividend was Thursday, May 29th. Hyatt Hotels’s payout ratio is presently 7.79%.

Insider Transactions at Hyatt Hotels

In related news, insider Jnp 2010-Pg Trust sold 266,793 shares of Hyatt Hotels stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total value of $35,416,770.75. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider David Udell sold 3,891 shares of the company’s stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $134.03, for a total value of $521,510.73. Following the sale, the insider owned 16,756 shares in the company, valued at $2,245,806.68. The trade was a 18.85% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 371,111 shares of company stock worth $49,273,516. Company insiders own 23.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Townsquare Capital LLC grew its position in shares of Hyatt Hotels by 3.4% in the 4th quarter. Townsquare Capital LLC now owns 2,801 shares of the company’s stock valued at $440,000 after acquiring an additional 92 shares during the period. Kensington Investment Counsel LLC raised its holdings in shares of Hyatt Hotels by 0.7% in the 4th quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company’s stock valued at $2,136,000 after purchasing an additional 95 shares during the period. Arizona State Retirement System raised its holdings in shares of Hyatt Hotels by 0.9% in the 4th quarter. Arizona State Retirement System now owns 13,050 shares of the company’s stock valued at $2,049,000 after purchasing an additional 110 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Hyatt Hotels by 5.5% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,093 shares of the company’s stock valued at $256,000 after purchasing an additional 110 shares during the period. Finally, Snowden Capital Advisors LLC raised its holdings in shares of Hyatt Hotels by 2.4% in the 4th quarter. Snowden Capital Advisors LLC now owns 5,025 shares of the company’s stock valued at $789,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 73.54% of the company’s stock.

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.