Hyatt Hotels Co. (NYSE:H) Director Sells $226,848.00 in Stock

Hyatt Hotels Co. (NYSE:H) Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Hyatt Hotels Trading Down 1.9 %

Shares of H stock traded down $2.65 during mid-day trading on Tuesday, reaching $137.24. 902,520 shares of the stock traded hands, compared to its average volume of 699,122. The company has a market cap of $13.20 billion, a price-to-earnings ratio of 11.03 and a beta of 1.48. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock’s fifty day simple moving average is $153.17 and its two-hundred day simple moving average is $152.91. Hyatt Hotels Co. has a 1-year low of $128.91 and a 1-year high of $168.20.

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

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued 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 0.44%. Hyatt Hotels’s payout ratio is 4.82%.

Analyst Ratings Changes

Several analysts have recently issued reports on H shares. Truist Financial increased 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. Susquehanna increased their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Mizuho dropped their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. JPMorgan Chase & Co. increased their price target on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Finally, Morgan Stanley decreased their price objective on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Hyatt Hotels currently has a consensus rating of “Hold” and an average price target of $162.08.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of H. Bernard Wealth Management Corp. acquired a new position in shares of Hyatt Hotels in the 4th quarter worth approximately $26,000. Versant Capital Management Inc lifted its holdings in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares during the period. UMB Bank n.a. boosted its position in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares during the last quarter. iA Global Asset Management Inc. acquired a new stake in Hyatt Hotels during the 3rd quarter worth about $51,000. Finally, Venturi Wealth Management LLC raised its position in shares of Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after acquiring an additional 300 shares in the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

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.