Hyatt Hotels (NYSE:H) Insider David Udell Sells 4,300 Shares

Hyatt Hotels Corporation (NYSE:H) insider David Udell sold 4,300 shares of the company’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $166.00, for a total value of $713,800.00. Following the sale, the insider owned 13,746 shares in the company, valued at approximately $2,281,836. This trade represents a 23.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Monday, November 10th, David Udell sold 3,010 shares of Hyatt Hotels stock. The stock was sold at an average price of $157.00, for a total transaction of $472,570.00.
• On Friday, November 7th, David Udell sold 4,131 shares of Hyatt Hotels stock. The stock was sold at an average price of $151.10, for a total transaction of $624,194.10.
• On Wednesday, September 3rd, David Udell sold 4,051 shares of Hyatt Hotels stock. The shares were sold at an average price of $145.00, for a total transaction of $587,395.00.

Hyatt Hotels Stock Down 1.9%

Shares of H stock traded down $3.19 on Monday, reaching $161.20. 957,406 shares of the stock were exchanged, compared to its average volume of 947,083. The company has a market capitalization of $15.31 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 2.54 and a beta of 1.43. The business’s 50 day moving average price is $148.18 and its 200 day moving average price is $142.81. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.45. Hyatt Hotels Corporation has a twelve month low of $102.43 and a twelve month high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, November 6th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.79). Hyatt Hotels had a return on equity of 6.54% and a net margin of 6.39%.The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the firm earned $0.94 earnings per share. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, sell-side analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 8th. Investors of record on Monday, November 24th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Monday, November 24th. Hyatt Hotels’s dividend payout ratio (DPR) is currently -64.52%.

Institutional Trading of Hyatt Hotels

A number of large investors have recently modified their holdings of H. Johnson Financial Group Inc. grew its position in Hyatt Hotels by 450.0% in the 3rd quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock worth $25,000 after purchasing an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Hyatt Hotels by 98.2% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock worth $31,000 after purchasing an additional 107 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Hyatt Hotels by 86.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 239 shares of the company’s stock valued at $33,000 after purchasing an additional 111 shares during the period. Quent Capital LLC acquired a new position in Hyatt Hotels during the 3rd quarter valued at about $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of Hyatt Hotels during the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Stifel Nicolaus lifted their price objective on shares of Hyatt Hotels from $155.00 to $158.00 and gave the company a “hold” rating in a research note on Monday, November 10th. Morgan Stanley upgraded Hyatt Hotels from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $147.00 to $168.00 in a report on Wednesday, October 22nd. Wells Fargo & Company started coverage on Hyatt Hotels in a research note on Tuesday, November 18th. They issued an “equal weight” rating and a $154.00 price target on the stock. Robert W. Baird boosted their target price on Hyatt Hotels from $154.00 to $156.00 and gave the stock a “neutral” rating in a report on Thursday, November 20th. Finally, Wall Street Zen lowered shares of Hyatt Hotels from a “hold” rating to a “strong sell” rating in a research note on Sunday, August 17th. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $158.33.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.