Hyatt Hotels (NYSE:H) Insider Sells $1,583,726.76 in Stock

Hyatt Hotels Corporation (NYSE:HGet Free Report) insider Javier Aguila sold 9,548 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $165.87, for a total transaction of $1,583,726.76. Following the completion of the sale, the insider directly owned 2,684 shares of the company’s stock, valued at approximately $445,195.08. The trade was a 78.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Hyatt Hotels Trading Down 1.8%

H opened at $160.62 on Thursday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.68 and a current ratio of 0.69. The stock’s 50 day moving average price is $155.91 and its 200-day moving average price is $147.55. Hyatt Hotels Corporation has a one year low of $102.43 and a one year high of $168.10. The stock has a market cap of $15.25 billion, a price-to-earnings ratio of -172.71, a P/E/G ratio of 4.10 and a beta of 1.29.

Hyatt Hotels (NYSE:HGet Free Report) last issued 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). The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.82 billion. Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.Hyatt Hotels’s revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.94 earnings per share. On average, equities analysts forecast that Hyatt Hotels Corporation will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Monday, November 24th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, November 24th. Hyatt Hotels’s payout ratio is currently -64.52%.

More Hyatt Hotels News

Here are the key news stories impacting Hyatt Hotels this week:

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Investment Management Company LLC raised its position in shares of Hyatt Hotels by 0.8% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 9,437 shares of the company’s stock worth $1,339,000 after acquiring an additional 72 shares in the last quarter. Allworth Financial LP raised its holdings in Hyatt Hotels by 17.8% in the third quarter. Allworth Financial LP now owns 483 shares of the company’s stock worth $69,000 after purchasing an additional 73 shares in the last quarter. New England Research & Management Inc. raised its holdings in Hyatt Hotels by 0.3% in the third quarter. New England Research & Management Inc. now owns 23,351 shares of the company’s stock worth $3,314,000 after purchasing an additional 80 shares in the last quarter. Atria Investments Inc boosted its holdings in shares of Hyatt Hotels by 4.1% in the 2nd quarter. Atria Investments Inc now owns 2,063 shares of the company’s stock valued at $288,000 after buying an additional 81 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in shares of Hyatt Hotels by 2.3% in the 3rd quarter. US Bancorp DE now owns 3,788 shares of the company’s stock valued at $538,000 after buying an additional 85 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Hyatt Hotels from $158.00 to $164.00 and gave the company a “hold” rating in a report on Wednesday. Citigroup raised shares of Hyatt Hotels from a “neutral” rating to a “buy” rating and lifted their price target for the company from $138.00 to $167.00 in a research note on Tuesday, September 9th. Barclays raised Hyatt Hotels from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $161.00 to $200.00 in a research note on Wednesday, December 17th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hyatt Hotels in a research report on Monday. Finally, JPMorgan Chase & Co. initiated coverage on Hyatt Hotels in a research report on Monday, November 24th. They set an “overweight” rating and a $178.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.93.

Read Our Latest Research Report on Hyatt Hotels

Hyatt Hotels Company Profile

(Get Free Report)

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.

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

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