Hyatt Hotels (NYSE:H) Price Target Lowered to $151.00 at Barclays

Hyatt Hotels (NYSE:H) had its target price cut by Barclays from $162.00 to $151.00 in a report issued on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Other equities analysts have also issued reports about the company. Wells Fargo & Company dropped their price target on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Jefferies Financial Group boosted their price objective on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Stifel Nicolaus boosted their price objective on Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a report on Tuesday, November 26th. Finally, StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Thirteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Hyatt Hotels has a consensus rating of “Hold” and a consensus price target of $162.13.

Hyatt Hotels Price Performance

Shares of H opened at $143.02 on Friday. Hyatt Hotels has a 52-week low of $128.90 and a 52-week high of $168.20. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. The business’s 50 day moving average price is $156.78 and its two-hundred day moving average price is $152.40. The firm has a market cap of $13.74 billion, a PE ratio of 10.78 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period last year, the business earned $0.64 earnings per share. On average, equities analysts anticipate that Hyatt Hotels will post 3.81 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.42%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Mark R. Vondrasek sold 3,776 shares of the company’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the transaction, the insider now owns 5,798 shares of the company’s stock, valued at $927,622.02. This represents a 39.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 23.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in shares of Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock valued at $114,214,000 after buying an additional 7,440 shares during the last quarter. TT International Asset Management LTD purchased a new position in shares of Hyatt Hotels during the 4th quarter valued at $5,283,000. Assetmark Inc. lifted its position in shares of Hyatt Hotels by 162.2% during the 3rd quarter. Assetmark Inc. now owns 49,041 shares of the company’s stock valued at $7,464,000 after buying an additional 30,339 shares during the last quarter. Bamco Inc. NY lifted its position in shares of Hyatt Hotels by 1.3% during the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after buying an additional 68,608 shares during the last quarter. Finally, Icon Wealth Advisors LLC lifted its position in shares of Hyatt Hotels by 17,641.6% during the 3rd 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 during the last quarter. Hedge funds and other 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.