Hyatt Hotels (NYSE:H) Price Target Lowered to $198.00 at Mizuho

Hyatt Hotels (NYSE:H) had its target price reduced by Mizuho from $200.00 to $198.00 in a research report report published on Monday morning, Benzinga reports. They currently have an outperform rating on the stock.

H has been the topic of several other research reports. Deutsche Bank Aktiengesellschaft upped their target price on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday. Barclays cut their price target on shares of Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating on the stock in a report on Friday. Stifel Nicolaus boosted their price target on shares of Hyatt Hotels from $141.00 to $151.00 and gave the stock a “hold” rating in a research report on Tuesday, August 20th. Truist Financial decreased their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a report on Friday. Finally, Macquarie reduced 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 note on Friday. Fifteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $151.57.

Hyatt Hotels Trading Up 0.5 %

NYSE H traded up $0.66 on Monday, reaching $143.73. The company had a trading volume of 34,106 shares, compared to its average volume of 584,960. Hyatt Hotels has a 52 week low of $102.62 and a 52 week high of $162.24. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The stock has a market cap of $14.42 billion, a price-to-earnings ratio of 10.78 and a beta of 1.50. The stock’s 50 day moving average is $150.93 and its 200-day moving average is $148.92.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates 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 return on equity of 10.74% and a net margin of 20.55%. During the same period last year, the company earned $0.70 earnings per share. Equities analysts predict that Hyatt Hotels will post 3.87 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.42%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s payout ratio is 4.52%.

Insider Transactions at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 51,388 shares of the stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the transaction, the insider now directly owns 623,556 shares of the company’s stock, valued at $93,389,982.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 23.50% of the company’s stock.

Institutional Trading of Hyatt Hotels

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets increased its stake in Hyatt Hotels by 165.7% in the 1st quarter. BNP Paribas Financial Markets now owns 53,887 shares of the company’s stock valued at $8,601,000 after buying an additional 33,603 shares during the period. Fidelis Capital Partners LLC purchased a new stake in shares of Hyatt Hotels in the first quarter valued at about $85,000. BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Hyatt Hotels by 152.2% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,453 shares of the company’s stock valued at $551,000 after purchasing an additional 2,084 shares during the last quarter. Embree Financial Group purchased a new position in shares of Hyatt Hotels during the 1st quarter worth approximately $200,000. Finally, Texas Permanent School Fund Corp lifted its stake in Hyatt Hotels by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 38,702 shares of the company’s stock valued at $6,178,000 after buying an additional 506 shares in the last quarter. 71.02% of the stock is owned by hedge funds and other institutional investors.

Hyatt Hotels Company Profile

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.