Hyatt Hotels Co. (NYSE:H) Insider Sells $35,416,770.75 in Stock

Hyatt Hotels Co. (NYSE:H) insider Jnp 2010-Pg Trust sold 266,793 shares of Hyatt Hotels stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $132.75, for a total transaction of $35,416,770.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Hyatt Hotels Trading Up 0.8%

NYSE H opened at $135.30 on Monday. The stock has a market capitalization of $13.01 billion, a price-to-earnings ratio of 10.88 and a beta of 1.36. Hyatt Hotels Co. has a one year low of $102.43 and a one year high of $168.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. The business’s fifty day moving average is $118.88 and its 200-day moving average is $141.20.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, May 1st. The company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.16. The company had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same period in the previous year, the business posted $0.71 EPS. Equities research analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Thursday, May 29th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend is Thursday, May 29th. Hyatt Hotels’s payout ratio is 7.79%.

Institutional Investors Weigh In On Hyatt Hotels

A number of hedge funds have recently made changes to their positions in the business. Bernard Wealth Management Corp. bought a new stake in Hyatt Hotels in the 4th quarter valued at about $26,000. UMB Bank n.a. raised its stake in Hyatt Hotels by 99.0% in the 4th 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 period. Bank of Jackson Hole Trust bought a new stake in Hyatt Hotels in the 1st quarter valued at about $31,000. Venturi Wealth Management LLC raised its stake in Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after acquiring an additional 300 shares during the period. Finally, Fifth Third Bancorp raised its stake in Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after acquiring an additional 113 shares during the period. 73.54% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on H. Mizuho reduced their price target 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. Barclays lifted their price target on shares of Hyatt Hotels from $122.00 to $127.00 and gave the company an “equal weight” rating in a research report on Friday, May 2nd. Morgan Stanley reduced their price target on shares of Hyatt Hotels from $127.00 to $112.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 22nd. Evercore ISI reduced their price target on shares of Hyatt Hotels from $175.00 to $160.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. Finally, Macquarie cut their price objective on shares of Hyatt Hotels from $155.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $151.17.

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.