Hyatt Hotels (NYSE:H) Insider Sells $222,413.84 in Stock

Hyatt Hotels Corporation (NYSE:H) insider Amar Lalvani sold 1,364 shares of Hyatt Hotels stock in a transaction on Monday, September 14th. The shares were sold at an average price of $163.06, for a total value of $222,413.84. Following the completion of the sale, the insider directly owned 4,894 shares of the company’s stock, valued at $798,015.64. The trade was a 21.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Hyatt Hotels Price Performance

H stock opened at $155.48 on Friday. The business’s fifty day moving average price is $175.48 and its 200 day moving average price is $172.24. Hyatt Hotels Corporation has a 12-month low of $134.18 and a 12-month high of $206.86. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 1.01. The company has a market capitalization of $14.65 billion, a PE ratio of 189.61 and a beta of 1.34.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, July 30th. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.21. The company had revenue of $1.83 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Hyatt Hotels had a return on equity of 7.27% and a net margin of 1.10%.Hyatt Hotels’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the business posted $0.68 EPS. On average, sell-side analysts anticipate that Hyatt Hotels Corporation will post 3.54 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Thursday, August 27th were issued a $0.15 dividend. The ex-dividend date was Thursday, August 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. Hyatt Hotels’s payout ratio is 73.17%.

Analyst Upgrades and Downgrades

H has been the subject of several recent research reports. Mizuho raised their price target on shares of Hyatt Hotels from $219.00 to $221.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Barclays cut their price objective on Hyatt Hotels from $220.00 to $201.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Susquehanna lifted their target price on Hyatt Hotels from $180.00 to $185.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Truist Financial boosted their target price on Hyatt Hotels from $187.00 to $198.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Finally, HSBC upgraded Hyatt Hotels from a “hold” rating to a “buy” rating and set a $212.00 price target on the stock in a report on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $197.80.

Institutional Investors Weigh In On Hyatt Hotels

Hedge funds and other institutional investors have recently modified their holdings of the company. Raiffeisen Bank International AG grew its stake in shares of Hyatt Hotels by 140.8% during the second quarter. Raiffeisen Bank International AG now owns 171 shares of the company’s stock worth $34,000 after purchasing an additional 100 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Hyatt Hotels in the second quarter valued at $39,000. Clearstead Advisors LLC raised its stake in Hyatt Hotels by 619.4% in the fourth quarter. Clearstead Advisors LLC now owns 259 shares of the company’s stock valued at $42,000 after buying an additional 223 shares in the last quarter. Evelyn Partners Asset Management Ltd purchased a new stake in Hyatt Hotels during the 1st quarter worth about $38,000. Finally, Global Retirement Partners LLC boosted its position in shares of Hyatt Hotels by 1,710.0% during the 4th quarter. Global Retirement Partners LLC now owns 362 shares of the company’s stock worth $58,000 after acquiring an additional 342 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE:H) is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and lifestyle accommodations to full-service and select-service hotels.

The company’s brands include Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, The Unbound Collection by Hyatt, Destination by Hyatt, Hyatt Place and Hyatt House.