Trade Report: Today, Research Analysts Issue Forecasts for Hyatt Hotels Corp.’s FY2017 Earnings (H)

Today, Research Analysts Issue Forecasts for Hyatt Hotels Corp.’s FY2017 Earnings (H)

Hyatt Hotels Corp. (NYSE:H) – Equities research analysts at Clsa Americas boosted their FY2017 earnings per share (EPS) estimates for shares of Hyatt Hotels Corp. in a research report issued on Wednesday. Clsa Americas analyst J. Oh now forecasts that the brokerage will post earnings per share of $1.64 for the year, up from their prior estimate of $1.53.

Hyatt Hotels Corp. (NYSE:H) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.47 earnings per share for the quarter, topping 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 period last year, the company posted $0.30 earnings per share.

Other equities analysts have also issued reports about the stock. FBR & Co reaffirmed a “buy” rating and set a $62.00 target price on shares of Hyatt Hotels Corp. in a research report on Thursday, August 4th. MKM Partners set a $43.00 target price on shares of Hyatt Hotels Corp. and gave the stock a “sell” rating in a research report on Thursday. Morgan Stanley reaffirmed a “hold” rating and set a $49.00 target price on shares of Hyatt Hotels Corp. in a research report on Monday, August 15th. Zacks Investment Research raised shares of Hyatt Hotels Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, August 4th. Finally, Nomura lowered shares of Hyatt Hotels Corp. from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 25th. Five equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company. Hyatt Hotels Corp. currently has a consensus rating of “Hold” and an average target price of $51.60.

Hyatt Hotels Corp. (NYSE:H) opened at 54.03 on Thursday. The company has a 50-day moving average of $51.31 and a 200-day moving average of $50.41. Hyatt Hotels Corp. has a one year low of $34.06 and a one year high of $54.82. The stock has a market capitalization of $7.07 billion, a price-to-earnings ratio of 36.78 and a beta of 1.41.

A number of large investors have recently made changes to their positions in H. Wells Fargo & Company MN increased its stake in shares of Hyatt Hotels Corp. by 1,304.3% in the third quarter. Wells Fargo & Company MN now owns 646,910 shares of the company’s stock valued at $31,842,000 after buying an additional 600,842 shares during the period. Mason Capital Management LLC purchased a new stake in shares of Hyatt Hotels Corp. during the third quarter valued at $27,924,000. Morgan Stanley increased its stake in shares of Hyatt Hotels Corp. by 16.2% in the third quarter. Morgan Stanley now owns 1,495,979 shares of the company’s stock valued at $73,632,000 after buying an additional 208,010 shares during the period. Credit Suisse AG increased its stake in shares of Hyatt Hotels Corp. by 415.2% in the second quarter. Credit Suisse AG now owns 160,131 shares of the company’s stock valued at $7,870,000 after buying an additional 129,048 shares during the period. Finally, UBS Group AG increased its stake in shares of Hyatt Hotels Corp. by 13.2% in the third quarter. UBS Group AG now owns 887,882 shares of the company’s stock valued at $43,701,000 after buying an additional 103,727 shares during the period. Institutional investors own 18.82% of the company’s stock.

In other Hyatt Hotels Corp. news, major shareholder Gregory Boyd Penner sold 130,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 9th. 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 Securities & Exchange Commission, which is available through the SEC website. 25.50% of the stock is currently owned by company insiders.

About Hyatt Hotels Corp.

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