Susquehanna Issues Positive Forecast for Hyatt Hotels (NYSE:H) Stock Price

Hyatt Hotels (NYSE:H) had its price target raised by analysts at Susquehanna from $180.00 to $185.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price target suggests a potential upside of 8.84% from the stock’s current price.

Several other equities analysts have also recently commented on the stock. Robert W. Baird dropped their target price on shares of Hyatt Hotels from $198.00 to $191.00 and set a “neutral” rating for the company in a research report on Monday, August 3rd. Stifel Nicolaus set a $182.00 price target on shares of Hyatt Hotels in a research report on Friday, May 29th. Barclays lowered their price objective on shares of Hyatt Hotels from $220.00 to $201.00 and set an “overweight” rating for the company in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hyatt Hotels in a report on Wednesday, June 24th. Finally, Wells Fargo & Company boosted their price target on Hyatt Hotels from $182.00 to $186.00 and gave the stock an “equal weight” rating in a report on Thursday, July 16th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Hyatt Hotels presently has an average rating of “Moderate Buy” and a consensus price target of $197.29.

Hyatt Hotels Stock Performance

NYSE:H opened at $169.97 on Tuesday. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.62 and a current ratio of 0.62. Hyatt Hotels has a fifty-two week low of $134.18 and a fifty-two week high of $206.86. The company has a market cap of $16.02 billion, a price-to-earnings ratio of 207.28 and a beta of 1.33. The stock has a fifty day moving average price of $189.71 and a 200-day moving average price of $171.01.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.21. Hyatt Hotels had a return on equity of 7.27% and a net margin of 1.10%.The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the firm earned $0.68 earnings per share. Hyatt Hotels’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, equities analysts anticipate that Hyatt Hotels will post 3.58 EPS for the current fiscal year.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,119 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $174.51, for a total value of $195,276.69. Following the completion of the transaction, the director owned 31,225 shares of the company’s stock, valued at $5,449,074.75. This represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David Udell sold 2,087 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $188.00, for a total value of $392,356.00. Following the completion of the transaction, the insider owned 16,638 shares of the company’s stock, valued at $3,127,944. This represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 23,224 shares of company stock worth $4,173,605. 23.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Hyatt Hotels

A number of institutional investors have recently added to or reduced their stakes in H. Johnson Financial Group Inc. raised its stake in shares of Hyatt Hotels by 450.0% during the third quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock valued at $25,000 after acquiring an additional 144 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Hyatt Hotels in the fourth quarter valued at $26,000. DV Equities LLC bought a new position in Hyatt Hotels during the 4th quarter worth $32,000. Ares Financial Consulting LLC acquired a new position in Hyatt Hotels during the 4th quarter worth about $34,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of Hyatt Hotels in the third quarter valued at about $34,000. 73.54% of the stock is owned by institutional investors.

About Hyatt Hotels

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.