Hyatt Hotels Co. (H) Given Average Recommendation of “Hold” by Brokerages

Hyatt Hotels Co. (NYSE:H) has received a consensus rating of “Hold” from the seventeen research firms that are presently covering the firm, MarketBeat reports. Thirteen equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $79.67.

Several equities research analysts have weighed in on the stock. Bank of America cut shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and set a $67.18 price objective for the company. in a research report on Monday, January 7th. Citigroup cut shares of Hyatt Hotels from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $95.00 to $77.00 in a research report on Wednesday, December 12th. Zacks Investment Research cut shares of Hyatt Hotels from a “buy” rating to a “hold” rating in a research report on Thursday, December 13th. ValuEngine raised shares of Hyatt Hotels from a “hold” rating to a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley set a $76.00 target price on shares of Hyatt Hotels and gave the company a “hold” rating in a research note on Thursday, March 28th.

Shares of NYSE:H traded up $0.13 during midday trading on Thursday, reaching $76.10. 3,022 shares of the company’s stock were exchanged, compared to its average volume of 689,659. The company has a market capitalization of $8.02 billion, a price-to-earnings ratio of 38.37, a PEG ratio of 5.29 and a beta of 1.09. Hyatt Hotels has a 12 month low of $63.45 and a 12 month high of $84.89. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 1.27.

Hyatt Hotels (NYSE:H) last announced its earnings results on Wednesday, February 13th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.40. The business had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Hyatt Hotels had a net margin of 17.26% and a return on equity of 5.93%. During the same quarter last year, the company posted $0.23 EPS. Sell-side analysts forecast that Hyatt Hotels will post 1.31 EPS for the current year.

In related news, insider David Udell sold 6,486 shares of the business’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $74.00, for a total transaction of $479,964.00. Following the transaction, the insider now directly owns 10,000 shares in the company, valued at $740,000. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 18.40% of the company’s stock.

Several large investors have recently added to or reduced their stakes in H. NumerixS Investment Technologies Inc bought a new stake in shares of Hyatt Hotels in the fourth quarter valued at about $61,000. Advisors Asset Management Inc. bought a new stake in shares of Hyatt Hotels in the fourth quarter valued at about $65,000. PNC Financial Services Group Inc. boosted its position in shares of Hyatt Hotels by 66.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,769 shares of the company’s stock valued at $119,000 after acquiring an additional 705 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Hyatt Hotels by 245.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,478 shares of the company’s stock valued at $197,000 after acquiring an additional 1,760 shares during the period. Finally, Veritable L.P. bought a new stake in shares of Hyatt Hotels in the third quarter valued at about $211,000. Hedge funds and other institutional investors own 36.62% of the company’s stock.

Hyatt Hotels Company Profile

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.

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Analyst Recommendations for Hyatt Hotels (NYSE:H)

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