Hyatt Hotels (H) – Research Analysts’ Recent Ratings Updates

Posted by Denise Davis on Nov 13th, 2024

A number of firms have modified their ratings and price targets on shares of Hyatt Hotels (NYSE: H) recently:

11/4/2024 – Hyatt Hotels had its price target lowered by analysts at Mizuho from $200.00 to $198.00. They now have an “outperform” rating on the stock.
11/4/2024 – Hyatt Hotels had its price target raised by analysts at Robert W. Baird from $157.00 to $158.00. They now have a “neutral” rating on the stock.
11/4/2024 – Hyatt Hotels was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
11/1/2024 – Hyatt Hotels had its price target lowered by analysts at Wells Fargo & Company from $178.00 to $172.00. They now have an “overweight” rating on the stock.
11/1/2024 – Hyatt Hotels had its price target lowered by analysts at Macquarie from $165.00 to $164.00. They now have an “outperform” rating on the stock.
11/1/2024 – Hyatt Hotels was upgraded by analysts at Hsbc Global Res to a “hold” rating.
11/1/2024 – Hyatt Hotels had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $120.00 to $127.00. They now have a “hold” rating on the stock.
11/1/2024 – Hyatt Hotels was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating. They now have a $156.00 price target on the stock.
11/1/2024 – Hyatt Hotels had its price target lowered by analysts at Barclays PLC from $151.00 to $144.00. They now have an “equal weight” rating on the stock.
11/1/2024 – Hyatt Hotels had its price target lowered by analysts at Truist Financial Co. from $169.00 to $158.00. They now have a “buy” rating on the stock.
10/22/2024 – Hyatt Hotels had its price target raised by analysts at Wells Fargo & Company from $167.00 to $178.00. They now have an “overweight” rating on the stock.
10/21/2024 – Hyatt Hotels had its price target raised by analysts at Evercore ISI from $145.00 to $155.00. They now have an “in-line” rating on the stock.
10/21/2024 – Hyatt Hotels had its price target raised by analysts at Bank of America Co. from $165.00 to $175.00. They now have a “buy” rating on the stock.
10/17/2024 – Hyatt Hotels was given a new $155.00 price target on by analysts at Cfra.
10/17/2024 – Hyatt Hotels was given a new $157.00 price target on by analysts at Robert W. Baird.
10/14/2024 – Hyatt Hotels had its price target raised by analysts at Truist Financial Co. from $164.00 to $169.00. They now have a “buy” rating on the stock.
9/18/2024 – Hyatt Hotels is now covered by analysts at The Goldman Sachs Group, Inc.. They set a “neutral” rating and a $151.00 price target on the stock.

Hyatt Hotels Stock Up 1.3 %

Shares of H traded up $2.06 during mid-day trading on Wednesday, reaching $159.54. 440,248 shares of the stock traded hands, compared to its average volume of 587,745. The firm has a market cap of $15.32 billion, a price-to-earnings ratio of 12.02 and a beta of 1.50. The stock has a fifty day simple moving average of $151.30 and a 200 day simple moving average of $149.05. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels Co. has a 12-month low of $109.50 and a 12-month high of $162.24.

Hyatt Hotels (NYSE:H – Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter last year, the firm earned $0.70 EPS. Sell-side analysts expect that Hyatt Hotels Co. will post 3.85 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

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

Insider Transactions at Hyatt Hotels

In other news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the completion of the transaction, the insider now owns 623,556 shares in the company, valued at approximately $93,389,982.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 23.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Quantbot Technologies LP boosted its position in shares of Hyatt Hotels by 160.6% during the 3rd quarter. Quantbot Technologies LP now owns 35,933 shares of the company’s stock valued at $5,469,000 after purchasing an additional 22,147 shares in the last quarter. Loomis Sayles & Co. L P boosted its holdings in Hyatt Hotels by 26.5% during the third quarter. Loomis Sayles & Co. L P now owns 3,116 shares of the company’s stock worth $474,000 after buying an additional 653 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Hyatt Hotels by 12.9% in the third quarter. Daiwa Securities Group Inc. now owns 3,500 shares of the company’s stock worth $533,000 after buying an additional 400 shares during the last quarter. Icon Wealth Advisors LLC increased its holdings in shares of Hyatt Hotels by 17,641.6% in the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock valued at $20,009,000 after buying an additional 130,724 shares in the last quarter. Finally, Landscape Capital Management L.L.C. lifted its position in shares of Hyatt Hotels by 151.6% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 21,364 shares of the company’s stock valued at $3,252,000 after acquiring an additional 12,872 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors.

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.