Today, Hyatt Hotels Corp. (H) Given a $43.00 Price Target by MKM Partners Analysts

Today, Hyatt Hotels Corp. (H) Given a $43.00 Price Target by MKM Partners Analysts
MKM Partners set a $43.00 price objective on Hyatt Hotels Corp. (NYSE:H) in a research note published on Thursday morning. The brokerage currently has a sell rating on the stock.

H has been the subject of a number of other reports. Morgan Stanley set a $49.00 price target on shares of Hyatt Hotels Corp. and gave the stock a hold rating in a research note on Wednesday, August 3rd. FBR & Co reaffirmed a buy rating and issued a $62.00 price target on shares of Hyatt Hotels Corp. in a research note on Thursday, August 4th. Zacks Investment Research raised shares of Hyatt Hotels Corp. from a sell rating to a hold rating in a research note on Thursday, August 4th. Citigroup Inc. upped their price target on shares of Hyatt Hotels Corp. from $50.00 to $55.00 and gave the stock a neutral rating in a research note on Thursday, August 11th. Finally, Vetr lowered shares of Hyatt Hotels Corp. from a hold rating to a sell rating and set a $50.60 price target for the company. in a research note on Thursday, August 25th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $51.60.

Shares of Hyatt Hotels Corp. (NYSE:H) traded up 1.96% on Thursday, hitting $54.03. 470,450 shares of the stock were exchanged. Hyatt Hotels Corp. has a one year low of $34.06 and a one year high of $54.82. The firm’s 50-day moving average is $51.31 and its 200-day moving average is $50.41. The company has a market cap of $7.07 billion, a P/E ratio of 36.78 and a beta of 1.41.

Hyatt Hotels Corp. (NYSE:H) last posted its earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.18. Hyatt Hotels Corp. had a net margin of 4.49% and a return on equity of 5.33%. During the same quarter last year, the business posted $0.30 earnings per share. On average, equities analysts forecast that Hyatt Hotels Corp. will post $1.63 EPS for the current fiscal year.

In other Hyatt Hotels Corp. news, major shareholder Gregory Boyd Penner sold 130,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 8th. The shares were sold at an average price of $52.41, for a total value of $6,813,300.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 25.50% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wedge Capital Management L L P NC raised its position in Hyatt Hotels Corp. by 7.1% in the second quarter. Wedge Capital Management L L P NC now owns 199,591 shares of the company’s stock valued at $9,808,000 after buying an additional 13,198 shares in the last quarter. KBC Group NV raised its position in Hyatt Hotels Corp. by 55.2% in the second quarter. KBC Group NV now owns 146,009 shares of the company’s stock valued at $7,175,000 after buying an additional 51,904 shares in the last quarter. Emerald Acquisition Ltd. bought a new position in Hyatt Hotels Corp. during the second quarter valued at $2,726,000. Calvert Investment Management Inc. raised its position in Hyatt Hotels Corp. by 7.7% in the second quarter. Calvert Investment Management Inc. now owns 8,417 shares of the company’s stock valued at $414,000 after buying an additional 600 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System raised its position in Hyatt Hotels Corp. by 13.2% in the second quarter. State Board of Administration of Florida Retirement System now owns 80,802 shares of the company’s stock valued at $3,971,000 after buying an additional 9,402 shares in the last quarter. Hedge funds and other institutional investors own 18.82% of the company’s stock.

About Hyatt Hotels Corp.

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