Hyatt Hotels (NYSE:H) Sets New 1-Year High at $81.63

Shares of Hyatt Hotels Co. (NYSE:H) reached a new 52-week high on Monday . The stock traded as high as $81.63 and last traded at $81.32, with a volume of 102765 shares trading hands. The stock had previously closed at $80.80.

A number of analysts have weighed in on H shares. Macquarie set a $89.00 target price on shares of Hyatt Hotels and gave the stock a “buy” rating in a report on Tuesday, September 17th. Credit Suisse Group upgraded shares of Hyatt Hotels to an “outperform” rating in a research report on Monday, August 19th. Wells Fargo & Co decreased their price target on shares of Hyatt Hotels from $78.00 to $76.00 and set a “market perform” rating for the company in a report on Friday, October 18th. CIBC boosted their price objective on shares of Hyatt Hotels from $24.00 to $25.00 in a research report on Wednesday, October 23rd. Finally, Deutsche Bank set a $72.00 price objective on shares of Hyatt Hotels and gave the stock a “hold” rating in a research note on Friday, November 1st. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Hyatt Hotels has an average rating of “Hold” and an average price target of $69.51.

The company has a quick ratio of 1.40, a current ratio of 1.41 and a debt-to-equity ratio of 0.53. The company has a market capitalization of $8.30 billion, a P/E ratio of 40.07, a PEG ratio of 7.29 and a beta of 1.10. The business has a 50 day simple moving average of $75.98 and a 200-day simple moving average of $75.19.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Wednesday, October 30th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.26 by $0.11. Hyatt Hotels had a net margin of 10.01% and a return on equity of 6.47%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.18 billion. During the same quarter in the prior year, the firm earned $0.33 earnings per share. Equities analysts forecast that Hyatt Hotels Co. will post 1.77 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Tuesday, November 26th will be given a $0.19 dividend. The ex-dividend date of this dividend is Monday, November 25th. This represents a $0.76 annualized dividend and a yield of 0.96%. Hyatt Hotels’s dividend payout ratio is presently 38.38%.

In other Hyatt Hotels news, insider Peter Fulton sold 11,561 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $80.35, for a total transaction of $928,926.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark R. Vondrasek sold 3,807 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $76.54, for a total value of $291,387.78. The disclosure for this sale can be found here. Insiders own 24.70% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of H. BTIM Corp. raised its holdings in Hyatt Hotels by 0.4% during the second quarter. BTIM Corp. now owns 94,660 shares of the company’s stock worth $7,206,000 after purchasing an additional 350 shares in the last quarter. Voya Investment Management LLC boosted its stake in Hyatt Hotels by 5.3% during the 3rd quarter. Voya Investment Management LLC now owns 7,051 shares of the company’s stock valued at $519,000 after purchasing an additional 355 shares in the last quarter. Strs Ohio increased its position in shares of Hyatt Hotels by 6.0% during the 3rd quarter. Strs Ohio now owns 6,742 shares of the company’s stock valued at $496,000 after purchasing an additional 382 shares during the period. Nisa Investment Advisors LLC acquired a new position in shares of Hyatt Hotels during the 3rd quarter valued at $37,000. Finally, KBC Group NV raised its stake in shares of Hyatt Hotels by 0.4% in the 2nd quarter. KBC Group NV now owns 141,921 shares of the company’s stock worth $10,804,000 after buying an additional 539 shares in the last quarter. 37.75% of the stock is currently owned by institutional investors.

About Hyatt Hotels (NYSE:H)

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

Featured Story: Conference Calls and Individual Investors

Receive News & Ratings for Hyatt Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels and related companies with MarketBeat.com's FREE daily email newsletter.