Hyatt Hotels Co. (NYSE:H) Insider Sells $71,400.90 in Stock

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 849 shares of the company’s stock in a transaction on Monday, November 22nd. The shares were sold at an average price of $84.10, for a total transaction of $71,400.90. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of H stock opened at $82.87 on Thursday. The company has a debt-to-equity ratio of 0.83, a quick ratio of 3.69 and a current ratio of 3.70. The company has a market capitalization of $9.11 billion, a P/E ratio of -21.14 and a beta of 1.46. The company’s 50 day moving average price is $83.11 and its two-hundred day moving average price is $78.98. Hyatt Hotels Co. has a 52 week low of $65.44 and a 52 week high of $94.92.

Hyatt Hotels (NYSE:H) last announced its earnings results on Wednesday, November 3rd. The company reported $2.31 EPS for the quarter, topping the consensus estimate of ($0.39) by $2.70. The firm had revenue of $851.00 million for the quarter, compared to the consensus estimate of $860.31 million. Hyatt Hotels had a negative net margin of 16.67% and a negative return on equity of 13.27%. During the same period last year, the company posted ($1.48) EPS. Analysts forecast that Hyatt Hotels Co. will post -3.15 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bamco Inc. NY grew its stake in shares of Hyatt Hotels by 15.0% in the third quarter. Bamco Inc. NY now owns 5,392,998 shares of the company’s stock valued at $415,800,000 after buying an additional 705,468 shares in the last quarter. Melvin Capital Management LP boosted its position in Hyatt Hotels by 5.0% during the second quarter. Melvin Capital Management LP now owns 3,650,000 shares of the company’s stock worth $283,386,000 after purchasing an additional 175,000 shares during the period. Vanguard Group Inc. boosted its position in Hyatt Hotels by 2.6% during the second quarter. Vanguard Group Inc. now owns 3,524,924 shares of the company’s stock worth $273,675,000 after purchasing an additional 88,840 shares during the period. Franklin Resources Inc. boosted its position in Hyatt Hotels by 30.7% during the third quarter. Franklin Resources Inc. now owns 2,715,680 shares of the company’s stock worth $209,380,000 after purchasing an additional 638,658 shares during the period. Finally, BlackRock Inc. boosted its position in Hyatt Hotels by 11.6% during the third quarter. BlackRock Inc. now owns 1,650,556 shares of the company’s stock worth $127,257,000 after purchasing an additional 171,553 shares during the period. Institutional investors own 39.39% of the company’s stock.

A number of brokerages have commented on H. Credit Suisse Group increased their price objective on shares of Hyatt Hotels from $32.00 to $33.00 and gave the stock a “neutral” rating in a report on Friday, August 20th. Wells Fargo & Company raised shares of Hyatt Hotels from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $82.00 to $96.00 in a report on Wednesday, November 17th. Robert W. Baird reaffirmed a “hold” rating on shares of Hyatt Hotels in a research note on Tuesday, August 17th. Bank of America lowered shares of Hyatt Hotels from a “neutral” rating to an “underperform” rating and set a $85.00 target price on the stock. in a research note on Monday, September 27th. Finally, Loop Capital started coverage on shares of Hyatt Hotels in a research note on Tuesday, October 5th. They issued a “hold” rating and a $80.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $75.62.

About Hyatt Hotels

Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels.

See Also: How is the S&P 500 index different from the DJIA?

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

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.