Stifel Nicolaus Increases Hyatt Hotels (NYSE:H) Price Target to $157.50

Hyatt Hotels (NYSE:H) had its target price lifted by analysts at Stifel Nicolaus from $145.50 to $157.50 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “hold” rating on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 0.94% from the stock’s current price.

H has been the subject of a number of other research reports. Robert W. Baird boosted their target price on shares of Hyatt Hotels from $157.00 to $158.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Hsbc Global Res raised shares of Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. Morgan Stanley reduced their price target on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Bank of America boosted their price target on shares of Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Truist Financial reduced their target price on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a report on Friday, November 1st. Fifteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $151.88.

Hyatt Hotels Stock Down 0.3 %

Shares of NYSE H opened at $156.03 on Tuesday. The firm has a market cap of $14.98 billion, a price-to-earnings ratio of 11.76 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels has a 52-week low of $112.85 and a 52-week high of $162.24. The business’s 50 day moving average is $153.35 and its two-hundred day moving average is $149.42.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the previous year, the firm posted $0.70 earnings per share. Research analysts predict that Hyatt Hotels will post 3.89 EPS for the current year.

Insider Activity

In related news, insider Mark R. Vondrasek sold 3,776 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the sale, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Hyatt Hotels

A number of large investors have recently bought and sold shares of H. LRI Investments LLC purchased a new position in Hyatt Hotels during the first quarter worth approximately $26,000. Summit Securities Group LLC purchased a new position in shares of Hyatt Hotels in the 2nd quarter valued at $30,000. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Hyatt Hotels in the 3rd quarter valued at $30,000. Blue Trust Inc. raised its stake in shares of Hyatt Hotels by 190.2% in the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after acquiring an additional 213 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Hyatt Hotels by 1,107.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock valued at $50,000 after acquiring an additional 310 shares during the period. Hedge funds and other institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Company Profile

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.