Susquehanna Increases Hyatt Hotels (NYSE:H) Price Target to $155.00

Hyatt Hotels (NYSE:H) had its price objective raised by research analysts at Susquehanna from $150.00 to $155.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 10.79% from the company’s current price.

Several other research firms have also recently weighed in on H. Hsbc Global Res upgraded shares of Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday, February 17th. HSBC lowered Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a research report on Friday, November 1st. Macquarie dropped their target price on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Finally, Robert W. Baird decreased their price target on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $162.55.

Hyatt Hotels Stock Performance

Shares of H opened at $139.91 on Tuesday. Hyatt Hotels has a 12-month low of $128.91 and a 12-month high of $168.20. The stock has a market capitalization of $13.45 billion, a P/E ratio of 11.25 and a beta of 1.48. The firm’s 50 day moving average is $154.22 and its 200-day moving average is $152.75. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter last year, the company posted $0.64 EPS. Equities research analysts anticipate that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Hyatt Hotels during the fourth quarter worth approximately $77,136,000. Invesco Ltd. boosted its holdings in Hyatt Hotels by 241.4% in the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company’s stock valued at $106,677,000 after purchasing an additional 480,523 shares during the period. Norges Bank acquired a new stake in Hyatt Hotels in the 4th quarter worth $61,572,000. Alyeska Investment Group L.P. bought a new position in shares of Hyatt Hotels during the 4th quarter worth about $43,953,000. Finally, Deutsche Bank AG raised its position in shares of Hyatt Hotels by 209.8% during the fourth quarter. Deutsche Bank AG now owns 255,563 shares of the company’s stock valued at $40,118,000 after buying an additional 173,075 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

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.