Hyatt Hotels Co. (NYSE:H) insider David Udell sold 3,662 shares of the stock in a transaction on Friday, May 17th. The shares were sold at an average price of $78.00, for a total value of $285,636.00. Following the completion of the sale, the insider now owns 4,337 shares in the company, valued at approximately $338,286. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

David Udell also recently made the following trade(s):

  • On Wednesday, February 20th, David Udell sold 6,486 shares of Hyatt Hotels stock. The stock was sold at an average price of $74.00, for a total value of $479,964.00.

Shares of H stock opened at $76.56 on Wednesday. Hyatt Hotels Co. has a 12 month low of $63.45 and a 12 month high of $84.89. The stock has a market cap of $8.15 billion, a PE ratio of 38.67, a PEG ratio of 9.29 and a beta of 1.10. The company has a current ratio of 1.18, a quick ratio of 1.17 and a debt-to-equity ratio of 0.56.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.45 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.24. Hyatt Hotels had a return on equity of 6.37% and a net margin of 9.18%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same period last year, the firm posted $0.33 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. Equities analysts predict that Hyatt Hotels Co. will post 1.49 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Stockholders of record on Wednesday, May 29th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Tuesday, May 28th. Hyatt Hotels’s payout ratio is 38.38%.

Several hedge funds have recently made changes to their positions in H. JPMorgan Chase & Co. boosted its stake in shares of Hyatt Hotels by 110.2% during the third quarter. JPMorgan Chase & Co. now owns 1,106,350 shares of the company’s stock valued at $88,055,000 after purchasing an additional 580,125 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Hyatt Hotels by 67.4% during the third quarter. Bank of New York Mellon Corp now owns 349,395 shares of the company’s stock valued at $27,810,000 after purchasing an additional 140,616 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in shares of Hyatt Hotels by 8.5% during the third quarter. Neuberger Berman Group LLC now owns 386,515 shares of the company’s stock valued at $30,762,000 after purchasing an additional 30,159 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Hyatt Hotels during the fourth quarter valued at about $515,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Hyatt Hotels by 97.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 34,675 shares of the company’s stock valued at $2,344,000 after purchasing an additional 17,109 shares in the last quarter. 36.36% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on H. ValuEngine upgraded Hyatt Hotels from a “hold” rating to a “buy” rating in a research report on Wednesday, April 10th. Zacks Investment Research cut Hyatt Hotels from a “buy” rating to a “hold” rating in a research report on Wednesday, January 23rd. Morgan Stanley set a $76.00 price target on Hyatt Hotels and gave the stock a “hold” rating in a research report on Thursday, March 28th. Wells Fargo & Co restated a “buy” rating on shares of Hyatt Hotels in a research report on Friday, January 25th. Finally, SunTrust Banks raised their price target on Hyatt Hotels from $78.00 to $82.00 and gave the stock a “hold” rating in a research report on Tuesday, February 19th. Thirteen analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $79.25.

COPYRIGHT VIOLATION NOTICE: “Hyatt Hotels Co. (H) Insider Sells $285,636.00 in Stock” was originally posted by Watch List News and is the property of of Watch List News. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at https://www.watchlistnews.com/hyatt-hotels-co-h-insider-sells-285636-00-in-stock/3018528.html.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

Featured Article: What are momentum indicators and what do they show?

Insider Buying and Selling by Quarter for Hyatt Hotels (NYSE:H)

Receive News & Ratings for Hyatt Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hyatt Hotels and related companies with MarketBeat.com's FREE daily email newsletter.