Hyatt Hotels (NYSE:H) PT Raised to $155.00

Hyatt Hotels (NYSE:H) had its price target hoisted by equities research analysts at Evercore ISI from $145.00 to $155.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an “in-line” rating on the stock. Evercore ISI’s target price suggests a potential upside of 0.45% from the stock’s previous close.

Several other equities analysts have also issued reports on the stock. Barclays lifted their price target on shares of Hyatt Hotels from $146.00 to $151.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 4th. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Cfra set a $155.00 price objective on Hyatt Hotels in a report on Thursday, October 17th. Macquarie decreased their price objective on Hyatt Hotels from $168.00 to $164.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. Finally, Susquehanna decreased their price objective on Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a report on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, Hyatt Hotels presently has a consensus rating of “Hold” and an average target price of $151.33.

Hyatt Hotels Stock Performance

Shares of Hyatt Hotels stock opened at $154.31 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.70. The stock’s fifty day moving average price is $149.29 and its 200-day moving average price is $149.04. The firm has a market cap of $15.61 billion, a P/E ratio of 23.96 and a beta of 1.50. Hyatt Hotels has a 12 month low of $96.77 and a 12 month high of $162.24.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Tuesday, August 6th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.58. The firm had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.76 billion. Hyatt Hotels had a net margin of 14.55% and a return on equity of 10.25%. During the same period last year, the firm earned $0.82 earnings per share. On average, equities research analysts expect that Hyatt Hotels will post 3.93 earnings per share for the current fiscal year.

Insider Activity at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 44,219 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of $148.14, for a total value of $6,550,602.66. Following the transaction, the insider now directly owns 623,556 shares of the company’s stock, valued at approximately $92,373,585.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 23.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of H. LRI Investments LLC purchased a new position in Hyatt Hotels in the 1st quarter worth approximately $26,000. Riverview Trust Co acquired a new stake in shares of Hyatt Hotels during the 1st quarter worth approximately $27,000. Summit Securities Group LLC acquired a new stake in shares of Hyatt Hotels during the 2nd quarter worth approximately $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of Hyatt Hotels during the 3rd quarter worth approximately $30,000. Finally, Blue Trust Inc. increased its holdings in shares of Hyatt Hotels by 190.2% during the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after buying an additional 213 shares during the last quarter. 71.02% of the stock is owned by hedge funds and other institutional investors.

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.