Hyatt Hotels (NYSE:H) Downgraded to Sell at StockNews.com

Hyatt Hotels (NYSE:H) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Wednesday.

A number of other equities research analysts have also weighed in on H. Stifel Nicolaus lifted their target price on Hyatt Hotels from $146.00 to $154.00 and gave the company a “hold” rating in a research report on Thursday, April 11th. Susquehanna began coverage on Hyatt Hotels in a report on Friday, June 21st. They issued a “neutral” rating and a $160.00 price target on the stock. Morgan Stanley downgraded Hyatt Hotels from an “overweight” rating to an “equal weight” rating and lifted their price target for the company from $149.00 to $156.00 in a report on Monday, March 11th. Robert W. Baird lifted their price target on Hyatt Hotels from $160.00 to $162.00 and gave the company a “neutral” rating in a report on Friday, May 17th. Finally, Barclays lifted their price target on Hyatt Hotels from $153.00 to $159.00 and gave the company an “equal weight” rating in a report on Friday, May 10th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $150.69.

Hyatt Hotels Trading Up 0.6 %

Shares of H stock traded up $0.83 on Wednesday, reaching $149.50. 333,321 shares of the company’s stock were exchanged, compared to its average volume of 614,669. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.63. The company’s fifty day simple moving average is $148.89 and its 200 day simple moving average is $144.38. The stock has a market capitalization of $15.13 billion, a PE ratio of 23.21 and a beta of 1.51. Hyatt Hotels has a 52 week low of $96.77 and a 52 week high of $161.50.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, May 9th. The company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.02). The firm had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.72 billion. Hyatt Hotels had a net margin of 10.21% and a return on equity of 8.44%. During the same period last year, the firm earned $0.41 earnings per share. As a group, analysts forecast that Hyatt Hotels will post 3.48 EPS for the current year.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, Director Michael A. Rocca sold 1,189 shares of the business’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total transaction of $177,779.28. Following the sale, the director now owns 20,219 shares in the company, valued at approximately $3,023,144.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, Director Michael A. Rocca sold 1,189 shares of the company’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total value of $177,779.28. Following the sale, the director now owns 20,219 shares in the company, valued at $3,023,144.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Joan Bottarini sold 305 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $148.00, for a total value of $45,140.00. Following the completion of the sale, the insider now owns 15,799 shares in the company, valued at approximately $2,338,252. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 12,189 shares of company stock worth $1,815,619. 23.50% of the stock is currently owned by insiders.

Institutional Trading of Hyatt Hotels

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Hyatt Hotels by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 4,221,373 shares of the company’s stock worth $550,509,000 after purchasing an additional 144,356 shares in the last quarter. Principal Financial Group Inc. boosted its position in Hyatt Hotels by 3.2% during the first quarter. Principal Financial Group Inc. now owns 2,482,440 shares of the company’s stock worth $396,247,000 after purchasing an additional 77,157 shares in the last quarter. Morgan Stanley boosted its position in Hyatt Hotels by 1.1% during the third quarter. Morgan Stanley now owns 2,194,911 shares of the company’s stock worth $232,836,000 after purchasing an additional 24,121 shares in the last quarter. Franklin Resources Inc. boosted its position in Hyatt Hotels by 28.5% during the fourth quarter. Franklin Resources Inc. now owns 1,948,171 shares of the company’s stock worth $254,061,000 after purchasing an additional 432,594 shares in the last quarter. Finally, Bank of Nova Scotia lifted its position in shares of Hyatt Hotels by 0.6% in the fourth quarter. Bank of Nova Scotia now owns 1,672,454 shares of the company’s stock valued at $218,105,000 after acquiring an additional 9,919 shares in the last quarter. Hedge funds and other institutional investors own 71.02% of the company’s stock.

About Hyatt Hotels

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.