Insider Selling: Hyatt Hotels (NYSE:H) Insider Sells $58,912.00 in Stock

Hyatt Hotels Corporation (NYSE:H) insider Kinsey Wolf sold 400 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $147.28, for a total value of $58,912.00. Following the completion of the transaction, the insider directly owned 545 shares in the company, valued at approximately $80,267.60. This trade represents a 42.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Kinsey Wolf also recently made the following trade(s):

• On Thursday, March 19th, Kinsey Wolf sold 400 shares of Hyatt Hotels stock. The stock was sold at an average price of $144.34, for a total transaction of $57,736.00.

Hyatt Hotels Stock Performance

NYSE:H opened at $147.35 on Thursday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17. Hyatt Hotels Corporation has a twelve month low of $102.43 and a twelve month high of $180.53. The company has a fifty day moving average of $158.82 and a 200-day moving average of $154.96. The firm has a market capitalization of $13.92 billion, a P/E ratio of -263.13, a P/E/G ratio of 1.72 and a beta of 1.22.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, February 12th. The company reported $1.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $1.04. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.53%. The business had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.78 billion. During the same period in the prior year, the firm earned $0.42 earnings per share. As a group, sell-side analysts anticipate that Hyatt Hotels Corporation will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd were paid a $0.15 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio (DPR) is currently -107.14%.

Institutional Trading of Hyatt Hotels

Several institutional investors and hedge funds have recently modified their holdings of H. Bamco Inc. NY grew its holdings in Hyatt Hotels by 2.7% during the third quarter. Bamco Inc. NY now owns 6,116,673 shares of the company’s stock worth $868,139,000 after buying an additional 161,461 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Hyatt Hotels by 21.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,715,085 shares of the company’s stock valued at $669,221,000 after acquiring an additional 843,121 shares in the last quarter. Wellington Management Group LLP lifted its stake in Hyatt Hotels by 48.0% during the 4th quarter. Wellington Management Group LLP now owns 4,676,116 shares of the company’s stock valued at $749,675,000 after acquiring an additional 1,516,554 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Hyatt Hotels by 24.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,765,785 shares of the company’s stock worth $392,548,000 after acquiring an additional 545,003 shares during the last quarter. Finally, Veritas Asset Management LLP grew its stake in shares of Hyatt Hotels by 827.9% in the 4th quarter. Veritas Asset Management LLP now owns 1,900,417 shares of the company’s stock worth $304,675,000 after acquiring an additional 1,695,616 shares in the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

H has been the topic of a number of research reports. Barclays upped their price target on Hyatt Hotels from $198.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. The Goldman Sachs Group assumed coverage on Hyatt Hotels in a report on Wednesday, January 14th. They set a “buy” rating and a $198.00 price objective for the company. Weiss Ratings reiterated a “hold (c-)” rating on shares of Hyatt Hotels in a report on Monday, December 29th. Citigroup lifted their price target on shares of Hyatt Hotels from $167.00 to $195.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Finally, Wells Fargo & Company boosted their price target on shares of Hyatt Hotels from $167.00 to $171.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Hyatt Hotels currently has a consensus rating of “Moderate Buy” and a consensus target price of $175.80.

Hyatt Hotels Company Profile

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.