Kinsey Wolf Sells 1,000 Shares of Hyatt Hotels Co. (NYSE:H) Stock

Hyatt Hotels Co. (NYSE:H) insider Kinsey Wolf sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now owns 811 shares in the company, valued at $99,712.45. This represents a 55.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hyatt Hotels Price Performance

Shares of NYSE:H opened at $121.68 on Friday. The stock has a market capitalization of $11.70 billion, a P/E ratio of 9.78 and a beta of 1.51. The business has a 50-day moving average of $145.42 and a two-hundred day moving average of $150.99. Hyatt Hotels Co. has a fifty-two week low of $116.13 and a fifty-two week high of $168.20. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter last year, the firm posted $0.64 earnings per share. On average, equities research analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.49%. Hyatt Hotels’s payout ratio is presently 4.82%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in Hyatt Hotels by 14.3% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,326 shares of the company’s stock worth $365,000 after buying an additional 291 shares during the period. Bernard Wealth Management Corp. bought a new position in Hyatt Hotels during the fourth quarter worth $26,000. Toronto Dominion Bank boosted its holdings in Hyatt Hotels by 5.2% in the 4th quarter. Toronto Dominion Bank now owns 6,056 shares of the company’s stock valued at $951,000 after purchasing an additional 301 shares during the period. DigitalBridge Group Inc. boosted its holdings in Hyatt Hotels by 5.7% in the 4th quarter. DigitalBridge Group Inc. now owns 73,462 shares of the company’s stock valued at $11,532,000 after purchasing an additional 3,950 shares during the period. Finally, Twinbeech Capital LP acquired a new stake in Hyatt Hotels in the 4th quarter worth $9,341,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Wall Street Analysts Forecast Growth

H has been the topic of several recent analyst reports. Macquarie cut their target price on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. JPMorgan Chase & Co. lifted their price target on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, December 13th. The Goldman Sachs Group reduced their price objective on Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a research note on Thursday, March 6th. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Finally, Wells Fargo & Company reduced their price target on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, Hyatt Hotels has a consensus rating of “Hold” and a consensus target price of $161.97.

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.