Hyatt Hotels Co. (H) Insider H. Charles Floyd Sells 15,000 Shares

Hyatt Hotels Co. (NYSE:H) insider H. Charles Floyd sold 15,000 shares of the stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $58.00, for a total transaction of $870,000.00. Following the completion of the sale, the insider now directly owns 64,263 shares of the company’s stock, valued at $3,727,254. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

H. Charles Floyd also recently made the following trade(s):

  • On Tuesday, May 9th, H. Charles Floyd sold 18,854 shares of Hyatt Hotels stock. The shares were sold at an average price of $58.34, for a total transaction of $1,099,942.36.
  • On Wednesday, May 10th, H. Charles Floyd sold 23,386 shares of Hyatt Hotels stock. The shares were sold at an average price of $58.26, for a total transaction of $1,362,468.36.
  • On Wednesday, April 26th, H. Charles Floyd sold 15,000 shares of Hyatt Hotels stock. The shares were sold at an average price of $57.00, for a total transaction of $855,000.00.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, May 4th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.49. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.14 billion. Hyatt Hotels had a return on equity of 5.33% and a net margin of 4.49%. During the same quarter last year, the company posted $0.25 EPS.

Insider Buying and Selling by Quarter for Hyatt Hotels (NYSE:H)

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A number of equities research analysts recently issued reports on the stock. Stifel Nicolaus increased their target price on shares of Hyatt Hotels from $54.00 to $59.00 and gave the stock a “hold” rating in a research report on Monday, May 15th. FBR & Co reiterated a “buy” rating on shares of Hyatt Hotels in a research report on Monday, May 15th. Citigroup Inc reiterated a “neutral” rating on shares of Hyatt Hotels in a research report on Thursday, May 11th. Guggenheim assumed coverage on shares of Hyatt Hotels in a research report on Wednesday, April 26th. They set a “neutral” rating for the company. Finally, Zacks Investment Research raised shares of Hyatt Hotels from a “strong sell” rating to a “hold” rating in a report on Thursday, April 6th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $53.55.

Several institutional investors have recently made changes to their positions in H. Goldman Sachs Group Inc. boosted its position in shares of Hyatt Hotels by 45.6% in the first quarter. Goldman Sachs Group Inc. now owns 436,058 shares of the company’s stock worth $23,538,000 after buying an additional 136,605 shares in the last quarter. Engine Capital Management LLC boosted its position in shares of Hyatt Hotels by 1,708.3% in the first quarter. Engine Capital Management LLC now owns 10,000 shares of the company’s stock worth $540,000 after buying an additional 9,447 shares in the last quarter. Caxton Associates LP purchased a new position in shares of Hyatt Hotels during the first quarter worth $810,000. Tudor Investment Corp ET AL boosted its position in shares of Hyatt Hotels by 5.2% in the first quarter. Tudor Investment Corp ET AL now owns 48,712 shares of the company’s stock worth $2,629,000 after buying an additional 2,411 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Hyatt Hotels by 99.9% in the first quarter. AQR Capital Management LLC now owns 675,076 shares of the company’s stock worth $36,441,000 after buying an additional 337,425 shares in the last quarter. 19.52% of the stock is currently owned by institutional investors.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

12 Month Chart for NYSE:H

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