Susquehanna Issues Positive Forecast for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H) had its price objective hoisted by Susquehanna from $150.00 to $155.00 in a research note released on Tuesday,Benzinga reports. Susquehanna currently has a neutral rating on the stock.

H has been the subject of several other research reports. Stifel Nicolaus raised their price target on Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a report on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft lifted their target price on Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a report on Friday, November 1st. Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. The Goldman Sachs Group lifted their target price on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a report on Tuesday, December 10th. Finally, Truist Financial lifted their target price on Hyatt Hotels from $158.00 to $163.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $162.55.

Hyatt Hotels Stock Performance

NYSE H opened at $138.72 on Tuesday. The stock has a market capitalization of $13.34 billion, a PE ratio of 11.15 and a beta of 1.48. The business has a 50 day simple moving average of $154.45 and a two-hundred day simple moving average of $152.84. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. Hyatt Hotels has a 1-year low of $128.91 and a 1-year high of $168.20.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the prior year, the business earned $0.64 EPS. On average, research analysts predict that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date is Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

Institutional Investors Weigh In On Hyatt Hotels

Institutional investors and hedge funds have recently bought and sold shares of the company. Bernard Wealth Management Corp. bought a new stake in Hyatt Hotels during the 4th quarter valued at $26,000. Versant Capital Management Inc raised 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 acquiring an additional 175 shares in the last quarter. UMB Bank n.a. raised its position in shares of Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after acquiring an additional 104 shares in the last quarter. Blue Trust Inc. raised its position 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. Finally, iA Global Asset Management Inc. bought a new position in shares of Hyatt Hotels in the 3rd quarter worth $51,000. 73.54% of the stock is owned by institutional investors.

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.