Shares of Hyatt Hotels Corporation (NYSE:H – Get Free Report) have received a consensus rating of “Moderate Buy” from the fifteen research firms that are covering the company, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $196.9286.
Several equities analysts recently issued reports on the stock. Stifel Nicolaus set a $182.00 price objective on shares of Hyatt Hotels in a research note on Friday, May 29th. Robert W. Baird dropped their target price on shares of Hyatt Hotels from $198.00 to $191.00 and set a “neutral” rating for the company in a research report on Monday. Mizuho raised their price objective on Hyatt Hotels from $219.00 to $221.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Barclays reduced their target price on shares of Hyatt Hotels from $220.00 to $201.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Hyatt Hotels in a research note on Wednesday, June 24th.
View Our Latest Stock Report on H
Insider Buying and Selling at Hyatt Hotels
Institutional Investors Weigh In On Hyatt Hotels
Several hedge funds and other institutional investors have recently bought and sold shares of H. Bank of New York Mellon Corp acquired a new stake in shares of Hyatt Hotels during the 2nd quarter valued at $23,326,000. E. Ohman J or Asset Management AB lifted its stake in Hyatt Hotels by 75.0% during the second quarter. E. Ohman J or Asset Management AB now owns 1,400 shares of the company’s stock valued at $271,000 after buying an additional 600 shares in the last quarter. Gradient Investments LLC acquired a new position in shares of Hyatt Hotels in the second quarter worth about $1,580,000. Scott & Selber Inc. purchased a new position in shares of Hyatt Hotels in the second quarter worth approximately $203,000. Finally, Cooper Financial Group increased its position in shares of Hyatt Hotels by 6.2% in the second quarter. Cooper Financial Group now owns 4,934 shares of the company’s stock worth $956,000 after acquiring an additional 287 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors.
Hyatt Hotels Trading Up 0.0%
Shares of H opened at $179.00 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.62 and a quick ratio of 0.62. Hyatt Hotels has a 1-year low of $134.00 and a 1-year high of $206.86. The stock has a market cap of $16.85 billion, a price-to-earnings ratio of 218.29 and a beta of 1.33. The firm has a 50 day simple moving average of $190.05 and a 200-day simple moving average of $170.88.
Hyatt Hotels (NYSE:H – Get Free Report) last posted its earnings results on Thursday, July 30th. The company reported $1.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.21. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.82 billion. Hyatt Hotels had a return on equity of 7.27% and a net margin of 1.10%.Hyatt Hotels’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. Equities analysts forecast that Hyatt Hotels will post 3.58 EPS for the current fiscal year.
Hyatt Hotels Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, August 27th. This represents a $0.60 annualized dividend and a yield of 0.3%. Hyatt Hotels’s dividend payout ratio is presently 73.17%.
About Hyatt Hotels
Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.
Hyatt’s business model combines property ownership, management contracts and third-party franchising.
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