Hyatt Hotels (NYSE:H) Stock Rating Upgraded by StockNews.com

Hyatt Hotels (NYSE:H) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday.

Other equities research analysts have also issued reports about the stock. Redburn Atlantic lowered shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and boosted their price objective for the stock from $120.00 to $130.00 in a research report on Tuesday, January 16th. JPMorgan Chase & Co. boosted their price objective on shares of Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Royal Bank of Canada boosted their price objective on shares of Hyatt Hotels from $37.00 to $41.00 and gave the stock a “sector perform” rating in a research report on Wednesday, February 14th. Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels from $146.00 to $154.00 and gave the stock a “hold” rating in a research report on Thursday, April 11th. Finally, Barclays decreased their price objective on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Friday, April 19th. Eleven investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $143.19.

Hyatt Hotels Price Performance

Shares of NYSE H traded up $0.88 during trading on Monday, hitting $151.38. 454,560 shares of the company were exchanged, compared to its average volume of 658,023. The company has a market cap of $15.32 billion, a price-to-earnings ratio of 74.21, a PEG ratio of 21.47 and a beta of 1.49. Hyatt Hotels has a 1 year low of $96.77 and a 1 year high of $161.50. The firm’s fifty day moving average price is $154.57 and its 200 day moving average price is $133.60. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59.

Hyatt Hotels (NYSE:H) last issued its earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.38 by $0.26. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.56 billion. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. During the same period in the previous year, the firm earned $2.55 EPS. On average, sell-side analysts expect that Hyatt Hotels will post 3.24 earnings per share for the current fiscal year.

Insider Activity at Hyatt Hotels

In related news, insider Joan Bottarini sold 10,695 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $148.92, for a total value of $1,592,699.40. Following the transaction, the insider now owns 16,104 shares in the company, valued at $2,398,207.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Hyatt Hotels news, insider Joan Bottarini sold 10,695 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were sold at an average price of $148.92, for a total value of $1,592,699.40. Following the completion of the sale, the insider now owns 16,104 shares of the company’s stock, valued at $2,398,207.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Mark R. Vondrasek sold 9,867 shares of Hyatt Hotels stock in a transaction on Monday, March 11th. The stock was sold at an average price of $154.11, for a total transaction of $1,520,603.37. Following the completion of the sale, the insider now owns 5,100 shares of the company’s stock, valued at approximately $785,961. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,084,248 shares of company stock worth $326,572,489. Company insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

A number of institutional investors have recently modified their holdings of the stock. Riverview Trust Co acquired a new position in Hyatt Hotels in the first quarter worth $27,000. Quadrant Capital Group LLC grew its position in shares of Hyatt Hotels by 49.8% during the 4th quarter. Quadrant Capital Group LLC now owns 382 shares of the company’s stock valued at $50,000 after buying an additional 127 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Hyatt Hotels during the fourth quarter worth about $59,000. Banque Cantonale Vaudoise acquired a new stake in Hyatt Hotels during the third quarter worth about $83,000. Finally, Fidelis Capital Partners LLC acquired a new stake in Hyatt Hotels during the first quarter worth about $85,000. Institutional investors and hedge funds own 71.02% of the company’s stock.

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.