Today, Hyatt Hotels Corp. (H) Given Hold Rating at Stifel Nicolaus

Today, Hyatt Hotels Corp. (H) Given Hold Rating at Stifel Nicolaus

Hyatt Hotels Corp. (NYSE:H)‘s stock had its “hold” rating reissued by equities research analysts at Stifel Nicolaus in a research note issued to investors on Saturday. They presently have a $50.00 target price on the stock, up from their previous target price of $48.00. Stifel Nicolaus’ price target suggests a potential downside of 7.46% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Vetr upgraded shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating and set a $50.60 price target on the stock in a report on Monday, September 12th. Zacks Investment Research cut shares of Hyatt Hotels Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, October 11th. FBR & Co cut their price target on shares of Hyatt Hotels Corp. from $62.00 to $61.00 and set an “outperform” rating on the stock in a report on Friday, November 4th. TheStreet cut shares of Hyatt Hotels Corp. from a “buy” rating to a “hold” rating in a report on Monday, November 7th. Finally, Morgan Stanley cut shares of Hyatt Hotels Corp. from an “equal weight” rating to an “underweight” rating and set a $46.00 price target on the stock. in a report on Monday, September 26th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $51.29.

Shares of Hyatt Hotels Corp. (NYSE:H) traded up 1.96% on Friday, reaching $54.03. 470,450 shares of the company’s stock traded hands. The company has a market cap of $7.07 billion, a PE ratio of 36.78 and a beta of 1.41. The stock has a 50-day moving average price of $51.31 and a 200-day moving average price of $50.41. Hyatt Hotels Corp. has a 12-month low of $34.06 and a 12-month high of $54.82.

Hyatt Hotels Corp. (NYSE:H) last posted its quarterly earnings data on Thursday, November 3rd. The company reported $0.47 earnings per share for the quarter, beating the Zacks’ consensus estimate 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 in the previous year, the business earned $0.30 EPS. Equities research analysts anticipate that Hyatt Hotels Corp. will post $1.63 EPS for the current fiscal year.

In related news, major shareholder Gregory Boyd Penner sold 130,000 shares of the 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. 25.50% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently modified their holdings of H. Piedmont Investment Advisors LLC acquired a new position in shares of Hyatt Hotels Corp. during the third quarter valued at $603,000. Cornerstone Capital Management Holdings LLC. acquired a new position in shares of Hyatt Hotels Corp. during the third quarter valued at $2,167,000. Credit Suisse AG increased its position in shares of Hyatt Hotels Corp. by 4.8% in the third quarter. Credit Suisse AG now owns 167,852 shares of the company’s stock valued at $8,263,000 after buying an additional 7,721 shares during the period. Mason Capital Management LLC acquired a new position in shares of Hyatt Hotels Corp. during the third quarter valued at $27,924,000. Finally, Gotham Asset Management LLC acquired a new position in shares of Hyatt Hotels Corp. during the third quarter valued at $1,673,000. Institutional investors own 18.82% of the company’s stock.

Hyatt Hotels Corp. Company Profile

Related posts

Leave a Comment