Hyatt Hotels (NYSE:H) Given New $157.50 Price Target at Stifel Nicolaus

Hyatt Hotels (NYSE:H) had its price target increased by Stifel Nicolaus from $145.50 to $157.50 in a research report released on Tuesday,Benzinga reports. The brokerage currently has a hold rating on the stock.

Several other equities analysts have also weighed in on the stock. StockNews.com upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Barclays decreased their price objective on shares of Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Morgan Stanley decreased their price objective on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. Evercore ISI upped their price objective on shares of Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Finally, Mizuho decreased their price objective on shares of Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Fifteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $151.88.

Hyatt Hotels Stock Performance

NYSE:H opened at $156.11 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79. The firm has a market capitalization of $14.99 billion, a price-to-earnings ratio of 11.76 and a beta of 1.50. The company’s 50-day moving average is $153.50 and its two-hundred day moving average is $149.47. Hyatt Hotels has a 1-year low of $112.85 and a 1-year high of $162.24.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.04. The company had revenue of $1.63 billion for 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 previous year, the business posted $0.70 EPS. Analysts forecast that Hyatt Hotels will post 3.89 EPS for the current year.

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Friday, November 22nd. Hyatt Hotels’s dividend payout ratio is presently 4.52%.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 3,776 shares of the 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 directly owns 5,798 shares of the company’s stock, valued at $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 23.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Advisors Asset Management Inc. boosted its stake in Hyatt Hotels by 53.7% during the 1st quarter. Advisors Asset Management Inc. now owns 4,118 shares of the company’s stock worth $657,000 after purchasing an additional 1,438 shares during the period. Tidal Investments LLC boosted its stake in Hyatt Hotels by 41.2% during the 1st quarter. Tidal Investments LLC now owns 24,344 shares of the company’s stock worth $3,886,000 after purchasing an additional 7,098 shares during the period. LRI Investments LLC acquired a new stake in Hyatt Hotels during the 1st quarter worth $26,000. Red Spruce Capital LLC boosted its stake in Hyatt Hotels by 0.7% during the 2nd quarter. Red Spruce Capital LLC now owns 13,994 shares of the company’s stock worth $2,126,000 after purchasing an additional 92 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Hyatt Hotels by 17.6% during the 2nd quarter. GAMMA Investing LLC now owns 767 shares of the company’s stock worth $117,000 after purchasing an additional 115 shares during the period. 71.02% of the stock is owned by hedge funds and other institutional investors.

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.