Hyatt Hotels (NYSE:H) Price Target Cut to $156.00 by Analysts at Robert W. Baird

Hyatt Hotels (NYSE:H) had its price objective lowered by analysts at Robert W. Baird from $158.00 to $156.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Robert W. Baird’s target price suggests a potential upside of 6.95% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Mizuho reduced their price target on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. The Goldman Sachs Group boosted their price target on Hyatt Hotels from $151.00 to $167.00 and gave the company a “neutral” rating in a report on Tuesday, December 10th. Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Jefferies Financial Group upped their target price on Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Finally, Barclays reduced their target price on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $162.29.

Hyatt Hotels Stock Down 0.7 %

H opened at $145.87 on Wednesday. The company has a market cap of $14.01 billion, a P/E ratio of 11.73 and a beta of 1.48. The business’s 50-day moving average price is $155.64 and its 200-day moving average price is $152.44. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels has a 12 month low of $128.91 and a 12 month high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. On average, equities analysts expect that Hyatt Hotels will post 3.31 EPS for the current year.

Insider Activity

In related news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 23.50% of the company’s stock.

Institutional Investors Weigh In On Hyatt Hotels

Several large investors have recently bought and sold shares of H. Bernard Wealth Management Corp. bought a new stake in shares of Hyatt Hotels during the 4th quarter valued at about $26,000. Versant Capital Management Inc grew its stake in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 175 shares during the period. UMB Bank n.a. grew its stake in shares of Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after purchasing an additional 104 shares during the period. Blue Trust Inc. grew its stake in shares of Hyatt Hotels by 190.2% during the 3rd 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, iA Global Asset Management Inc. bought a new stake in shares of Hyatt Hotels during the 3rd quarter valued at about $51,000. 73.54% of the stock is currently 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.