Hyatt Hotels Co. (NYSE:H) Given Average Recommendation of “Hold” by Brokerages

Hyatt Hotels Co. (NYSE:H) has been given an average recommendation of “Hold” by the twenty ratings firms that are presently covering the stock, MarketBeat reports. Thirteen analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $156.48.

A number of equities research analysts have recently commented on the company. Truist Financial cut their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a research report on Friday, November 1st. Evercore ISI upped their target price on Hyatt Hotels from $145.00 to $155.00 and gave the company an “in-line” rating in a report on Monday, October 21st. The Goldman Sachs Group lifted their price target on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a research note on Friday, November 1st. Finally, Macquarie dropped their target price on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating on the stock in a research report on Friday, November 1st.

Insiders Place Their Bets

In related news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the transaction, the insider now owns 5,798 shares in the company, valued at $927,622.02. This trade represents a 39.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Hedge funds and other institutional investors have recently made changes to their positions in the business. Asset Management One Co. Ltd. boosted its holdings in Hyatt Hotels by 0.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after purchasing an additional 66 shares during the period. PFG Investments LLC raised its position in shares of Hyatt Hotels by 1.5% during the third quarter. PFG Investments LLC now owns 4,846 shares of the company’s stock valued at $738,000 after buying an additional 70 shares during the last quarter. Hunter Associates Investment Management LLC lifted its stake in shares of Hyatt Hotels by 0.6% in the third quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock valued at $2,601,000 after buying an additional 95 shares during the period. UMB Bank n.a. grew its position in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after buying an additional 104 shares in the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in Hyatt Hotels by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock valued at $94,000 after acquiring an additional 110 shares during the period. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Price Performance

Shares of Hyatt Hotels stock opened at $158.44 on Monday. Hyatt Hotels has a 52 week low of $125.44 and a 52 week high of $168.20. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The stock has a market cap of $15.22 billion, a PE ratio of 11.94 and a beta of 1.48. The company’s 50-day moving average price is $157.06 and its two-hundred day moving average price is $152.02.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. The business had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period in the prior year, the business earned $0.70 earnings per share. As a group, sell-side analysts anticipate that Hyatt Hotels will post 3.81 EPS for the current fiscal year.

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.