Hyatt Hotels (NYSE:H) Price Target Raised to $127.00 at Deutsche Bank Aktiengesellschaft

Hyatt Hotels (NYSE:H) had its price target lifted by Deutsche Bank Aktiengesellschaft from $120.00 to $127.00 in a research report report published on Friday morning, Benzinga reports. The brokerage currently has a hold rating on the stock.

Other research analysts also recently issued research reports about the company. Bank of America increased their target price on Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Susquehanna dropped their price target on Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 14th. Robert W. Baird set a $157.00 price target on Hyatt Hotels in a research report on Thursday, October 17th. Evercore ISI increased their price target on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research report on Monday, October 21st. Finally, Morgan Stanley dropped their price target on Hyatt Hotels from $161.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Hyatt Hotels presently has an average rating of “Hold” and a consensus price target of $151.62.

Hyatt Hotels Stock Down 0.3 %

Shares of NYSE H traded down $0.41 on Friday, hitting $145.04. The company had a trading volume of 645,290 shares, compared to its average volume of 587,228. Hyatt Hotels has a 12-month low of $96.77 and a 12-month high of $162.24. The business has a 50 day moving average of $150.93 and a two-hundred day moving average of $148.93. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $14.55 billion, a P/E ratio of 10.93 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.25% and a net margin of 14.55%. During the same quarter in the prior year, the business posted $0.70 earnings per share. As a group, equities research analysts forecast that Hyatt Hotels will post 3.87 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.41%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Insider Transactions at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 44,219 shares of the stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $148.14, for a total transaction of $6,550,602.66. Following the completion of the sale, the insider now directly owns 623,556 shares in the company, valued at approximately $92,373,585.84. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 23.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Hyatt Hotels

Institutional investors have recently bought and sold shares of the stock. LRI Investments LLC bought a new position in shares of Hyatt Hotels in the first quarter worth about $26,000. Summit Securities Group LLC acquired a new stake in Hyatt Hotels during the second quarter worth about $30,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in Hyatt Hotels during the third quarter worth about $30,000. Blue Trust Inc. grew its position in Hyatt Hotels by 190.2% during the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after buying an additional 213 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Hyatt Hotels by 1,107.1% during the second quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock worth $50,000 after buying an additional 310 shares in the last quarter. 71.02% of the stock is currently owned by institutional investors.

About Hyatt Hotels

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.