Insider Selling: Hyatt Hotels (NYSE:H) Insider Sells $713,800.00 in Stock

Hyatt Hotels Corporation (NYSE:H) insider David Udell sold 4,300 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $166.00, for a total transaction of $713,800.00. Following the completion of the sale, the insider directly owned 13,746 shares of the company’s stock, valued at $2,281,836. The trade was a 23.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

David Udell also recently made the following trade(s):

• On Monday, November 10th, David Udell sold 3,010 shares of Hyatt Hotels stock. The stock was sold at an average price of $157.00, for a total value of $472,570.00.
• On Friday, November 7th, David Udell sold 4,131 shares of Hyatt Hotels stock. The shares were sold at an average price of $151.10, for a total value of $624,194.10.
• On Wednesday, September 3rd, David Udell sold 4,051 shares of Hyatt Hotels stock. The stock was sold at an average price of $145.00, for a total value of $587,395.00.

Hyatt Hotels Price Performance

Shares of H opened at $161.32 on Thursday. Hyatt Hotels Corporation has a 52 week low of $102.43 and a 52 week high of $168.20. The company has a current ratio of 0.69, a quick ratio of 0.68 and a debt-to-equity ratio of 1.47. The firm has a market cap of $15.32 billion, a price-to-earnings ratio of -173.46, a PEG ratio of 3.62 and a beta of 1.29. The stock has a 50 day moving average of $149.50 and a 200-day moving average of $143.31.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.79). Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the business earned $0.94 earnings per share. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, analysts forecast that Hyatt Hotels Corporation will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 8th. Investors of record on Monday, November 24th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, November 24th. Hyatt Hotels’s dividend payout ratio is currently -64.52%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of H. SCS Capital Management LLC acquired a new stake in shares of Hyatt Hotels in the 1st quarter worth approximately $407,000. ASR Vermogensbeheer N.V. bought a new stake in Hyatt Hotels during the first quarter worth approximately $1,155,000. Russell Investments Group Ltd. lifted its position in Hyatt Hotels by 12.7% in the first quarter. Russell Investments Group Ltd. now owns 27,651 shares of the company’s stock worth $3,386,000 after purchasing an additional 3,117 shares during the period. Long Pond Capital LP bought a new position in Hyatt Hotels during the 1st quarter valued at $191,922,000. Finally, Sovereign Financial Group Inc. acquired a new position in shares of Hyatt Hotels during the 2nd quarter valued at $392,000. 73.54% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

H has been the topic of a number of recent research reports. Stifel Nicolaus raised their target price on shares of Hyatt Hotels from $155.00 to $158.00 and gave the stock a “hold” rating in a report on Monday, November 10th. Wells Fargo & Company assumed coverage on Hyatt Hotels in a report on Tuesday, November 18th. They issued an “equal weight” rating and a $154.00 price target on the stock. Robert W. Baird upped their price objective on Hyatt Hotels from $154.00 to $156.00 and gave the stock a “neutral” rating in a research note on Thursday, November 20th. Barclays increased their target price on Hyatt Hotels from $156.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, November 7th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Hyatt Hotels in a report on Monday. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Hyatt Hotels currently has an average rating of “Moderate Buy” and a consensus target price of $158.33.

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.