MKM Partners set a $43.00 price objective on Hyatt Hotels Corp. (NYSE:H) in a report published on Thursday. The brokerage currently has a sell rating on the stock.
Several other research firms have also commented on H. Morgan Stanley set a $49.00 price target on Hyatt Hotels Corp. and gave the stock a hold rating in a research report on Wednesday, August 3rd. FBR & Co restated a buy rating and set a $62.00 target price on shares of Hyatt Hotels Corp. in a research report on Thursday, August 4th. Zacks Investment Research upgraded Hyatt Hotels Corp. from a sell rating to a hold rating in a research report on Thursday, August 4th. Citigroup Inc. boosted their target price on Hyatt Hotels Corp. from $50.00 to $55.00 and gave the company a neutral rating in a research report on Thursday, August 11th. Finally, Vetr lowered Hyatt Hotels Corp. from a hold rating to a sell rating and set a $50.60 target price for the company. in a research report on Thursday, August 25th. Five investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the stock. Hyatt Hotels Corp. has a consensus rating of Hold and an average price target of $51.29.
Hyatt Hotels Corp. (NYSE:H) opened at 52.81 on Thursday. Hyatt Hotels Corp. has a 52-week low of $34.06 and a 52-week high of $54.82. The firm’s 50-day moving average price is $51.39 and its 200-day moving average price is $50.44. The company has a market cap of $6.91 billion, a price-to-earnings ratio of 35.95 and a beta of 1.41.
Hyatt Hotels Corp. (NYSE:H) last issued its earnings results on Thursday, November 3rd. The company reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.18. Hyatt Hotels Corp. had a return on equity of 5.33% and a net margin of 4.49%. During the same period in the previous year, the business earned $0.30 EPS. On average, equities analysts anticipate that Hyatt Hotels Corp. will post $1.63 EPS for the current year.
In other news, major shareholder Gregory Boyd Penner sold 43,000 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $53.76, for a total transaction of $2,311,680.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 25.50% of the company’s stock.
A number of large investors have recently bought and sold shares of H. Legal & General Group Plc raised its stake in Hyatt Hotels Corp. by 3.1% in the second quarter. Legal & General Group Plc now owns 3,217 shares of the company’s stock valued at $158,000 after buying an additional 97 shares during the last quarter. Brave Asset Management Inc acquired a new stake in Hyatt Hotels Corp. during the second quarter valued at approximately $167,000. The Manufacturers Life Insurance Company acquired a new stake in Hyatt Hotels Corp. during the third quarter valued at approximately $188,000. Pacer Advisors Inc. raised its stake in Hyatt Hotels Corp. by 500.9% in the second quarter. Pacer Advisors Inc. now owns 4,062 shares of the company’s stock valued at $199,000 after buying an additional 3,386 shares during the last quarter. Finally, Prudential Financial Inc. acquired a new stake in Hyatt Hotels Corp. during the third quarter valued at approximately $201,000. 18.99% of the stock is currently owned by institutional investors.
Hyatt Hotels Corp. Company Profile