Hyatt Hotels (H) – Investment Analysts’ Weekly Ratings Updates

Hyatt Hotels (NYSE: H) recently received a number of ratings updates from brokerages and research firms:

  • 11/2/2018 – Hyatt Hotels had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $76.00 price target on the stock.
  • 11/1/2018 – Hyatt Hotels had its price target lowered by analysts at Wells Fargo & Co from $92.00 to $79.00. They now have an “outperform” rating on the stock.
  • 11/1/2018 – Hyatt Hotels had its price target lowered by analysts at SunTrust Banks, Inc. to $78.00. They now have a “hold” rating on the stock.
  • 11/1/2018 – Hyatt Hotels had its price target lowered by analysts at Deutsche Bank AG from $83.00 to $75.00. They now have a “hold” rating on the stock.
  • 11/1/2018 – Hyatt Hotels had its price target lowered by analysts at B. Riley from $84.00 to $77.00. They now have a “hold” rating on the stock.
  • 10/31/2018 – Hyatt Hotels had its price target lowered by analysts at Nomura from $85.00 to $73.00. They now have a “neutral” rating on the stock.
  • 10/22/2018 – Hyatt Hotels is now covered by analysts at Cowen Inc. They set a “market perform” rating and a $75.00 price target on the stock.
  • 10/19/2018 – Hyatt Hotels was given a new $88.00 price target on by analysts at Robert W. Baird. They now have a “buy” rating on the stock.
  • 10/4/2018 – Hyatt Hotels had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $84.00 price target on the stock.
  • 9/26/2018 – Hyatt Hotels was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $87.00 price target on the stock. According to Zacks, “Shares of Hyatt have outperformed the industry in the past year, owing to better-than-expected earnings in the trailing 10 quarters. The company’s continuous efforts towards expansion, strong brand recognition and acquisition strategies are likely to drive performance in the long run. The company aims to continue gaining market share globally on a solid brand portfolio and innovative personalized service for the guests. Hyatt’s remodeled loyalty program and innovative offerings are expected to boost occupancy. Moreover, an increased focus on expanding presence in the fast-growing select-service category bodes well. Also, earnings estimate for the current year has been revised upward over the past 60 days, reflecting investor’s optimism on the company’s future earnings. However, intense competition is likely to hurt revenues. Also, Hyatt’s weakness in the owned and leased segment is a concern.”
  • 9/7/2018 – Hyatt Hotels is now covered by analysts at Longbow Research. They set a “buy” rating and a $99.00 price target on the stock.

H stock traded down $1.21 during mid-day trading on Tuesday, reaching $70.16. The company had a trading volume of 784,844 shares, compared to its average volume of 812,076. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.15 and a current ratio of 2.17. The stock has a market capitalization of $7.95 billion, a price-to-earnings ratio of 39.42, a PEG ratio of 4.76 and a beta of 1.28. Hyatt Hotels Co. has a one year low of $64.82 and a one year high of $84.89.

Hyatt Hotels (NYSE:H) last posted its earnings results on Tuesday, October 30th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Hyatt Hotels had a return on equity of 4.95% and a net margin of 17.80%. During the same period last year, the business posted $0.26 earnings per share. As a group, analysts predict that Hyatt Hotels Co. will post 1.58 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Wednesday, November 28th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Tuesday, November 27th. Hyatt Hotels’s payout ratio is 33.71%.

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 7,540 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $71.77, for a total value of $541,145.80. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider 8-26-22 Gp Llc sold 196,719 shares of the firm’s stock in a transaction on Thursday, September 20th. The shares were sold at an average price of $78.09, for a total value of $15,361,786.71. Following the completion of the sale, the insider now owns 100,000 shares in the company, valued at $7,809,000. The disclosure for this sale can be found here. Insiders sold 314,739 shares of company stock worth $24,604,337 over the last quarter. 18.40% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Point72 Hong Kong Ltd raised its stake in shares of Hyatt Hotels by 54.7% during the second quarter. Point72 Hong Kong Ltd now owns 2,523 shares of the company’s stock valued at $195,000 after purchasing an additional 892 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Hyatt Hotels by 5.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 19,688 shares of the company’s stock worth $1,519,000 after acquiring an additional 1,056 shares during the period. Stone Ridge Asset Management LLC grew its holdings in Hyatt Hotels by 4.0% during the third quarter. Stone Ridge Asset Management LLC now owns 33,921 shares of the company’s stock worth $2,700,000 after acquiring an additional 1,300 shares during the period. State of Alaska Department of Revenue grew its holdings in Hyatt Hotels by 40.0% during the second quarter. State of Alaska Department of Revenue now owns 5,040 shares of the company’s stock worth $388,000 after acquiring an additional 1,440 shares during the period. Finally, State Board of Administration of Florida Retirement System grew its holdings in Hyatt Hotels by 2.9% during the second quarter. State Board of Administration of Florida Retirement System now owns 62,172 shares of the company’s stock worth $4,797,000 after acquiring an additional 1,760 shares during the period. Institutional investors and hedge funds own 37.38% of the company’s stock.

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in 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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