News stories about Hyatt Hotels Corporation (NYSE:H) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hyatt Hotels Corporation earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news articles about the company an impact score of 80 out of 100, meaning that recent press coverage is likely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Hyatt Hotels Corporation (NYSE:H) Upgraded to Market Perform by Wolfe Research (americanbankingnews.com)
- Hyatt hotel to be sold! (srilankamirror.com)
- Hyatt Hotels Corporation (NYSE:H) Lowered to “Sell” at BidaskClub (americanbankingnews.com)
- Top Miraval Execs to Step Down After Hyatt Transition – Meetings & Conventions (meetings-conventions.com)
- Hyatt Announces Timing of Second Quarter 2017 Earnings Release and Investor Conference Call – Business Wire (press release) (businesswire.com)
Hyatt Hotels Corporation (H) traded down 0.27% on Monday, hitting $55.17. 325,555 shares of the company traded hands. The stock’s 50-day moving average is $57.56 and its 200 day moving average is $55.39. Hyatt Hotels Corporation has a 12 month low of $47.94 and a 12 month high of $59.30. The firm has a market capitalization of $6.92 billion, a P/E ratio of 30.46 and a beta of 1.28.
Hyatt Hotels Corporation (NYSE:H) last issued its quarterly earnings data on Thursday, May 4th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.49. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.14 billion. Hyatt Hotels Corporation had a net margin of 5.30% and a return on equity of 7.25%. During the same quarter in the previous year, the firm earned $0.25 EPS. Equities analysts forecast that Hyatt Hotels Corporation will post $1.44 EPS for the current fiscal year.
H has been the subject of several research reports. Zacks Investment Research raised shares of Hyatt Hotels Corporation from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 6th. Citigroup Inc. reissued a “neutral” rating on shares of Hyatt Hotels Corporation in a research report on Thursday, May 11th. Stifel Nicolaus boosted their price objective on shares of Hyatt Hotels Corporation from $54.00 to $59.00 and gave the company a “hold” rating in a research report on Monday, May 15th. BidaskClub cut shares of Hyatt Hotels Corporation from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, FBR & Co reissued a “buy” rating and issued a $63.00 price objective on shares of Hyatt Hotels Corporation in a research report on Friday, May 5th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $54.56.
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In other news, major shareholder Gs Capital Partners Vi Fund, L sold 4,000,000 shares of Hyatt Hotels Corporation stock in a transaction on Friday, May 26th. The shares were sold at an average price of $57.53, for a total value of $230,120,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider H. Charles Floyd sold 15,000 shares of Hyatt Hotels Corporation stock in a transaction on Thursday, May 4th. The shares were sold at an average price of $58.00, for a total transaction of $870,000.00. Following the completion of the transaction, the insider now directly owns 64,263 shares in the company, valued at $3,727,254. The disclosure for this sale can be found here. Insiders have sold a total of 4,072,240 shares of company stock valued at $234,307,411 in the last 90 days. Insiders own 25.50% of the company’s stock.
Hyatt Hotels Corporation Company Profile
Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).
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