Insider Selling: Hyatt Hotels Co. (NYSE:H) Insider Sells $1,592,699.40 in Stock

Hyatt Hotels Co. (NYSE:H) insider Joan Bottarini sold 10,695 shares of the company’s stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $148.92, for a total transaction of $1,592,699.40. Following the completion of the transaction, the insider now directly owns 16,104 shares of the company’s stock, valued at $2,398,207.68. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Hyatt Hotels Trading Down 0.8 %

Shares of NYSE:H opened at $150.50 on Monday. Hyatt Hotels Co. has a 52-week low of $96.77 and a 52-week high of $161.50. The company has a market capitalization of $15.23 billion, a P/E ratio of 73.77, a price-to-earnings-growth ratio of 21.47 and a beta of 1.49. The company has a 50-day simple moving average of $154.57 and a 200 day simple moving average of $133.41. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60.

Hyatt Hotels (NYSE:H) last issued its earnings results on Friday, February 23rd. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.26. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. The business had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same period last year, the business posted $2.55 EPS. Sell-side analysts forecast that Hyatt Hotels Co. will post 3.24 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were paid a $0.15 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $0.60 annualized dividend and a yield of 0.40%. Hyatt Hotels’s dividend payout ratio (DPR) is currently 29.41%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of H. SG Americas Securities LLC bought a new position in Hyatt Hotels in the 3rd quarter valued at about $157,000. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Hyatt Hotels by 21.8% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,400 shares of the company’s stock valued at $2,907,000 after acquiring an additional 4,900 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in Hyatt Hotels by 16.4% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 4,887 shares of the company’s stock valued at $518,000 after acquiring an additional 690 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Hyatt Hotels by 12.4% during the third quarter. Bank of New York Mellon Corp now owns 240,848 shares of the company’s stock worth $25,549,000 after purchasing an additional 26,525 shares during the period. Finally, Forsta AP Fonden increased its holdings in shares of Hyatt Hotels by 2.6% during the third quarter. Forsta AP Fonden now owns 19,700 shares of the company’s stock worth $2,090,000 after purchasing an additional 500 shares during the period. 71.02% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

H has been the subject of a number of research analyst reports. Royal Bank of Canada upped their target price on shares of Hyatt Hotels from $37.00 to $41.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 14th. StockNews.com lowered shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Thursday, April 25th. TD Cowen upped their target price on shares of Hyatt Hotels from $95.00 to $160.00 and gave the stock a “market perform” rating in a research note on Thursday, March 21st. Mizuho reduced their target price on shares of Hyatt Hotels from $197.00 to $195.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Finally, Wells Fargo & Company upped their target price on shares of Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $143.19.

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.