Insider Selling: Hyatt Hotels Co. (NYSE:H) Director Sells 1,934 Shares of Stock

Hyatt Hotels Co. (NYSE:H) Director Susan D. Kronick sold 1,934 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $77.67, for a total transaction of $150,213.78. Following the sale, the director now owns 37,497 shares in the company, valued at approximately $2,912,391.99. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of H stock traded down $0.25 during trading on Friday, reaching $74.64. The company’s stock had a trading volume of 262,109 shares, compared to its average volume of 600,941. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.18. The stock has a market capitalization of $7.88 billion, a P/E ratio of 37.70, a price-to-earnings-growth ratio of 8.99 and a beta of 1.07. Hyatt Hotels Co. has a 1-year low of $63.45 and a 1-year high of $83.98.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.21 by $0.24. Hyatt Hotels had a net margin of 9.18% and a return on equity of 6.37%. The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.13 billion. During the same quarter in the previous year, the business posted $0.33 EPS. The firm’s revenue was up 11.9% on a year-over-year basis. On average, research analysts forecast that Hyatt Hotels Co. will post 1.49 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, June 10th. Shareholders of record on Wednesday, May 29th were issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.02%. The ex-dividend date was Tuesday, May 28th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 38.38%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Long Pond Capital LP raised its position in Hyatt Hotels by 215.6% in the 1st quarter. Long Pond Capital LP now owns 2,486,840 shares of the company’s stock valued at $180,470,000 after purchasing an additional 1,698,840 shares during the last quarter. JPMorgan Chase & Co. raised its position in Hyatt Hotels by 110.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,106,350 shares of the company’s stock valued at $88,055,000 after purchasing an additional 580,125 shares during the last quarter. Norges Bank purchased a new stake in Hyatt Hotels in the 4th quarter valued at $38,187,000. Two Sigma Investments LP raised its position in Hyatt Hotels by 217.1% in the 4th quarter. Two Sigma Investments LP now owns 665,502 shares of the company’s stock valued at $44,988,000 after purchasing an additional 455,610 shares during the last quarter. Finally, Marshall Wace LLP raised its position in Hyatt Hotels by 3,634.7% in the 1st quarter. Marshall Wace LLP now owns 357,826 shares of the company’s stock valued at $25,967,000 after purchasing an additional 348,245 shares during the last quarter. Institutional investors own 36.92% of the company’s stock.

H has been the topic of several research analyst reports. Robert W. Baird set a $89.00 target price on shares of Hyatt Hotels and gave the company a “buy” rating in a research report on Friday, February 15th. ValuEngine raised shares of Hyatt Hotels from a “hold” rating to a “buy” rating in a research note on Wednesday, April 10th. Morgan Stanley set a $76.00 target price on shares of Hyatt Hotels and gave the stock a “hold” rating in a research note on Thursday, March 28th. SunTrust Banks lifted their target price on shares of Hyatt Hotels from $78.00 to $82.00 and gave the stock a “hold” rating in a research note on Tuesday, February 19th. Finally, Deutsche Bank reaffirmed a “hold” rating and set a $75.00 target price on shares of Hyatt Hotels in a research note on Sunday, February 17th. Thirteen analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $79.25.

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Hyatt Hotels Company Profile

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates through four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

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

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