Insider Selling: Hyatt Hotels Co. (NYSE:H) Insider Sells $7,083,672.75 in Stock

Hyatt Hotels Co. (NYSE:H) insider Jnp Parachute Mirror Trust L sold 53,361 shares of the business’s stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $7,083,672.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Hyatt Hotels Stock Performance

Shares of H opened at $135.30 on Monday. The company’s fifty day moving average is $118.88 and its 200-day moving average is $141.20. Hyatt Hotels Co. has a 12 month low of $102.43 and a 12 month high of $168.20. The firm has a market cap of $13.01 billion, a price-to-earnings ratio of 10.88 and a beta of 1.36. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.30 by $0.16. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the prior year, the business posted $0.71 EPS. Equities analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be paid a $0.15 dividend. The ex-dividend date is Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.44%. Hyatt Hotels’s payout ratio is presently 7.79%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Robert W. Baird dropped their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. Macquarie dropped their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an “outperform” rating on the stock in a research note on Friday, May 2nd. Jefferies Financial Group dropped their price objective on shares of Hyatt Hotels from $161.00 to $120.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Truist Financial dropped their price objective on shares of Hyatt Hotels from $163.00 to $156.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. Finally, Mizuho dropped their price objective on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Hyatt Hotels presently has a consensus rating of “Hold” and an average price target of $151.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of H. Barclays PLC grew its stake in Hyatt Hotels by 2.3% in the 3rd quarter. Barclays PLC now owns 45,648 shares of the company’s stock valued at $6,946,000 after buying an additional 1,032 shares during the last quarter. Park Avenue Securities LLC grew its position in Hyatt Hotels by 31.1% in the 4th quarter. Park Avenue Securities LLC now owns 4,114 shares of the company’s stock worth $646,000 after purchasing an additional 975 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its position in Hyatt Hotels by 242.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,660 shares of the company’s stock worth $261,000 after purchasing an additional 1,175 shares during the last quarter. Procyon Advisors LLC grew its position in Hyatt Hotels by 5.4% in the 4th quarter. Procyon Advisors LLC now owns 3,293 shares of the company’s stock worth $517,000 after purchasing an additional 168 shares during the last quarter. Finally, Artemis Investment Management LLP grew its position in Hyatt Hotels by 3.8% in the 4th quarter. Artemis Investment Management LLP now owns 257,753 shares of the company’s stock worth $40,462,000 after purchasing an additional 9,345 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

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.