Hyatt Hotels Co. (NYSE:H) Insider Sells $604,122.24 in Stock

Hyatt Hotels Co. (NYSE:H) insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the sale, the insider now owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Hyatt Hotels Trading Down 0.2 %

NYSE H opened at $156.11 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. The firm has a market cap of $14.99 billion, a price-to-earnings ratio of 11.76 and a beta of 1.50. The firm has a 50 day simple moving average of $153.50 and a 200-day simple moving average of $149.47. Hyatt Hotels Co. has a one year low of $112.85 and a one year high of $162.24.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter last year, the company posted $0.70 EPS. Equities research analysts anticipate that Hyatt Hotels Co. will post 3.89 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.60 annualized dividend and a yield of 0.38%. Hyatt Hotels’s payout ratio is 4.52%.

Analyst Upgrades and Downgrades

H has been the subject of several recent research reports. HSBC cut Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target for the company. in a report on Friday, November 1st. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Truist Financial dropped their price objective on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a report on Friday, November 1st. Susquehanna decreased their target price on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a report on Wednesday, August 14th. Finally, Wells Fargo & Company cut their price target on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating for the company in a report on Friday, November 1st. Fifteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hyatt Hotels presently has a consensus rating of “Hold” and an average target price of $151.88.

Institutional Investors Weigh In On Hyatt Hotels

A number of hedge funds have recently bought and sold shares of the stock. Synovus Financial Corp increased its position in shares of Hyatt Hotels by 15.4% in the 3rd quarter. Synovus Financial Corp now owns 3,492 shares of the company’s stock valued at $531,000 after purchasing an additional 467 shares during the last quarter. Tidal Investments LLC acquired a new position in shares of Hyatt Hotels during the third quarter worth $273,000. World Investment Advisors LLC purchased a new position in Hyatt Hotels in the third quarter valued at $4,520,000. Sanctuary Advisors LLC raised its stake in Hyatt Hotels by 30.8% in the third quarter. Sanctuary Advisors LLC now owns 5,278 shares of the company’s stock valued at $825,000 after buying an additional 1,244 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in Hyatt Hotels during the 3rd quarter worth about $1,048,000. Institutional investors and hedge funds own 71.02% of the company’s stock.

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.