Hyatt Hotels Corporation (NYSE:H) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Hyatt Hotels Corporation (NYSE:H) have been given an average rating of “Moderate Buy” by the twenty-one ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation, nine have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $152.5556.

A number of equities analysts recently issued reports on H shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Hyatt Hotels in a research report on Wednesday, October 8th. Robert W. Baird increased their target price on shares of Hyatt Hotels from $148.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, July 28th. Wall Street Zen lowered shares of Hyatt Hotels from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 17th. Raymond James Financial upgraded shares of Hyatt Hotels from a “market perform” rating to a “strong-buy” rating and set a $165.00 target price for the company in a research report on Tuesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Hyatt Hotels from a “hold” rating to a “buy” rating in a research report on Monday, July 14th.

Insider Buying and Selling at Hyatt Hotels

In other news, insider David Udell sold 4,051 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $145.00, for a total transaction of $587,395.00. Following the completion of the transaction, the insider owned 16,756 shares in the company, valued at approximately $2,429,620. This trade represents a 19.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 23.70% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

Several large investors have recently made changes to their positions in H. Wealth Enhancement Advisory Services LLC boosted its position in shares of Hyatt Hotels by 14.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,326 shares of the company’s stock valued at $365,000 after purchasing an additional 291 shares in the last quarter. UMB Bank n.a. boosted its holdings in shares of Hyatt Hotels by 138.8% in the first quarter. UMB Bank n.a. now owns 499 shares of the company’s stock worth $61,000 after buying an additional 290 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Hyatt Hotels by 457.6% in the first quarter. SG Americas Securities LLC now owns 28,547 shares of the company’s stock worth $3,497,000 after buying an additional 23,427 shares during the period. New England Research & Management Inc. boosted its holdings in shares of Hyatt Hotels by 116.9% in the first quarter. New England Research & Management Inc. now owns 26,624 shares of the company’s stock worth $3,261,000 after buying an additional 14,349 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Hyatt Hotels in the first quarter worth about $488,000. Institutional investors own 73.54% of the company’s stock.

Hyatt Hotels Stock Up 1.0%

Hyatt Hotels stock opened at $145.64 on Friday. The firm has a market capitalization of $13.91 billion, a P/E ratio of 34.59, a P/E/G ratio of 2.27 and a beta of 1.41. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.70 and a current ratio of 0.70. Hyatt Hotels has a one year low of $102.43 and a one year high of $168.20. The company has a 50-day simple moving average of $143.08 and a 200-day simple moving average of $134.97.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.06. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.74 billion. Hyatt Hotels had a return on equity of 6.54% and a net margin of 6.39%.During the same period last year, the company earned $1.53 earnings per share. As a group, equities analysts expect that Hyatt Hotels will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 27th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio (DPR) is 14.25%.

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.