Hyatt Hotels Co. (NYSE:H) has been given an average rating of “Hold” by the sixteen brokerages that are presently covering the stock, Marketbeat.com reports. Thirteen investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $79.90.
H has been the topic of several analyst reports. Wells Fargo & Co reiterated a “hold” rating and issued a $70.00 price objective on shares of Church & Dwight in a report on Thursday, May 2nd. ValuEngine upgraded William Lyon Homes from a “strong sell” rating to a “sell” rating in a report on Wednesday, April 10th. Zacks Investment Research downgraded H&E Equipment Services from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Morgan Stanley set a $111.00 price objective on Procter & Gamble and gave the stock a “buy” rating in a report on Thursday, March 28th.
Shares of Hyatt Hotels stock traded down $0.88 during trading hours on Friday, reaching $78.43. The company had a trading volume of 13,813 shares, compared to its average volume of 424,538. Hyatt Hotels has a one year low of $63.45 and a one year high of $83.28. The business has a fifty day moving average price of $75.31. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.18. The company has a market cap of $8.50 billion, a price-to-earnings ratio of 39.58, a PEG ratio of 9.69 and a beta of 1.06.
In other news, insider David Udell sold 3,662 shares of Hyatt Hotels stock in a transaction that occurred on Friday, May 17th. The shares were sold at an average price of $78.00, for a total transaction of $285,636.00. Following the completion of the transaction, the insider now directly owns 4,337 shares in the company, valued at $338,286. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider H. Charles Floyd sold 5,000 shares of Hyatt Hotels stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $76.48, for a total transaction of $382,400.00. Following the transaction, the insider now owns 52,975 shares of the company’s stock, valued at $4,051,528. The disclosure for this sale can be found here. Insiders have sold 17,096 shares of company stock valued at $1,325,250 over the last quarter. Company insiders own 24.70% of the company’s stock.
A number of hedge funds and other institutional investors have recently made changes to their positions in H. Great Lakes Advisors LLC raised its stake in Hyatt Hotels by 5.0% during the 1st quarter. Great Lakes Advisors LLC now owns 4,977 shares of the company’s stock valued at $361,000 after buying an additional 238 shares during the last quarter. Rehmann Capital Advisory Group raised its stake in Hyatt Hotels by 5.5% during the 1st quarter. Rehmann Capital Advisory Group now owns 4,989 shares of the company’s stock valued at $362,000 after buying an additional 261 shares during the last quarter. Strs Ohio raised its stake in Hyatt Hotels by 5.3% during the 1st quarter. Strs Ohio now owns 5,685 shares of the company’s stock valued at $412,000 after buying an additional 284 shares during the last quarter. Intrust Bank NA raised its stake in Hyatt Hotels by 7.8% during the 1st quarter. Intrust Bank NA now owns 5,408 shares of the company’s stock valued at $392,000 after buying an additional 393 shares during the last quarter. Finally, Quadrant Capital Group LLC purchased a new stake in Hyatt Hotels during the 1st quarter valued at $28,000. Institutional investors own 36.96% of the company’s stock.
Hyatt Hotels Company Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
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