Hyatt Hotels Co. (NYSE:H) Receives $79.47 Consensus Target Price from Brokerages

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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.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.45 EPS for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.24. Hyatt Hotels had a return on equity of 6.37% and a net margin of 9.18%. The firm had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the company earned $0.33 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. As a group, equities research analysts predict that Hyatt Hotels will post 1.49 earnings per share for the current fiscal year.

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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Analyst Recommendations for Hyatt Hotels (NYSE:H)

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