Mark R. Vondrasek Sells 3,776 Shares of Hyatt Hotels Co. (NYSE:H) Stock

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Hyatt Hotels Stock Down 0.3 %

NYSE:H opened at $156.03 on Thursday. The firm has a market capitalization of $14.98 billion, a P/E ratio of 11.76 and a beta of 1.50. Hyatt Hotels Co. has a 1-year low of $112.85 and a 1-year high of $162.24. The company’s fifty day moving average price is $153.35 and its 200-day moving average price is $149.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the prior year, the business earned $0.70 earnings per share. As a group, equities research analysts anticipate that Hyatt Hotels Co. will post 3.89 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be given a dividend of $0.15 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.60 annualized dividend and a yield of 0.38%. Hyatt Hotels’s dividend payout ratio is presently 4.52%.

Institutional Trading of Hyatt Hotels

Several hedge funds and other institutional investors have recently added to or reduced their stakes in H. LRI Investments LLC acquired a new stake in Hyatt Hotels during the first quarter valued at $26,000. Summit Securities Group LLC acquired a new stake in shares of Hyatt Hotels in the second quarter valued at about $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Hyatt Hotels in the third quarter valued at about $30,000. Blue Trust Inc. grew its position in shares of Hyatt Hotels by 190.2% in the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after purchasing an additional 213 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in shares of Hyatt Hotels by 1,107.1% in the second quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after purchasing an additional 310 shares during the period. Institutional investors and hedge funds own 71.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on H. Stifel Nicolaus increased their price objective on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a research note on Tuesday. Macquarie dropped their price objective on shares of Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating on the stock in a research note on Friday, November 1st. Cfra set a $155.00 price objective on shares of Hyatt Hotels in a research note on Thursday, October 17th. Bank of America increased their price objective on shares of Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, Susquehanna dropped their price objective on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 14th. Fifteen research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Hyatt Hotels has a consensus rating of “Hold” and an average target price of $151.88.

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.