Jefferies Financial Group Increases Hyatt Hotels (NYSE:H) Price Target to $176.00

Hyatt Hotels (NYSE:H) had its price objective increased by Jefferies Financial Group from $150.00 to $176.00 in a research report sent to investors on Thursday,Benzinga reports. Jefferies Financial Group currently has a hold rating on the stock.

Other equities analysts have also issued reports about the company. Wells Fargo & Company decreased their target price on Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. StockNews.com upgraded shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Macquarie dropped their target price on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, November 1st. HSBC cut shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target for the company. in a research note on Friday, November 1st. Finally, Mizuho dropped their price objective on shares of Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating for the company in a report on Monday, November 4th. Fifteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Hyatt Hotels presently has a consensus rating of “Hold” and a consensus price target of $155.21.

Hyatt Hotels Trading Up 0.2 %

Shares of Hyatt Hotels stock opened at $156.68 on Thursday. The company’s 50-day moving average price is $156.35 and its 200-day moving average price is $151.49. The company has a market cap of $15.05 billion, a price-to-earnings ratio of 11.81 and a beta of 1.50. Hyatt Hotels has a 12-month low of $124.40 and a 12-month high of $168.20. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period last year, the firm earned $0.70 EPS. On average, equities analysts expect that Hyatt Hotels will post 3.89 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date of this dividend was Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the transaction, the insider now directly owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

A number of large investors have recently modified their holdings of H. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Hyatt Hotels during the third quarter valued at approximately $30,000. Versant Capital Management Inc grew its position in shares of Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after buying an additional 175 shares during the period. Blue Trust Inc. increased its stake in shares of Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after acquiring an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in Hyatt Hotels by 1,107.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after acquiring an additional 310 shares during the period. Finally, iA Global Asset Management Inc. bought a new stake in Hyatt Hotels during the third quarter worth about $51,000. Institutional investors own 73.54% 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.