Hyatt Hotels (NYSE:H) Given New $195.00 Price Target at Citigroup

Hyatt Hotels (NYSE:HGet Free Report) had its price objective lifted by investment analysts at Citigroup from $167.00 to $195.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential upside of 15.94% from the stock’s previous close.

A number of other equities analysts also recently weighed in on H. The Goldman Sachs Group initiated coverage on shares of Hyatt Hotels in a research note on Wednesday, January 14th. They set a “buy” rating and a $198.00 target price for the company. Wall Street Zen upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Saturday. Wells Fargo & Company lifted their price objective on Hyatt Hotels from $167.00 to $171.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Evercore reissued an “in-line” rating and issued a $175.00 target price (up from $170.00) on shares of Hyatt Hotels in a report on Thursday, January 22nd. Finally, Barclays raised their price target on Hyatt Hotels from $198.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Hyatt Hotels has a consensus rating of “Moderate Buy” and an average target price of $175.06.

Check Out Our Latest Report on H

Hyatt Hotels Trading Down 0.8%

NYSE:H traded down $1.40 during trading hours on Wednesday, hitting $168.20. The company had a trading volume of 366,003 shares, compared to its average volume of 853,932. The stock has a 50-day moving average price of $163.78 and a 200 day moving average price of $152.53. The company has a market capitalization of $15.97 billion, a PE ratio of -300.94, a price-to-earnings-growth ratio of 2.08 and a beta of 1.27. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.69 and a quick ratio of 0.68. Hyatt Hotels has a 52 week low of $102.43 and a 52 week high of $180.53.

Hyatt Hotels (NYSE:HGet Free Report) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $1.04. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.47%. The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same period in the prior year, the firm earned $0.42 earnings per share. On average, equities research analysts predict that Hyatt Hotels will post 3.05 EPS for the current fiscal year.

Insider Buying and Selling at Hyatt Hotels

In other news, insider Javier Aguila sold 9,548 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $165.87, for a total value of $1,583,726.76. Following the completion of the transaction, the insider owned 2,684 shares of the company’s stock, valued at $445,195.08. This represents a 78.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider David Udell sold 4,300 shares of the company’s stock in a transaction that occurred on Wednesday, November 26th. The stock was sold at an average price of $166.00, for a total value of $713,800.00. Following the completion of the transaction, the insider owned 13,746 shares of the company’s stock, valued at $2,281,836. The trade was a 23.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 23.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hyatt Hotels

Several institutional investors have recently modified their holdings of H. Northwestern Mutual Investment Management Company LLC increased its stake in Hyatt Hotels by 0.8% in the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 9,437 shares of the company’s stock worth $1,339,000 after buying an additional 72 shares during the period. Steward Partners Investment Advisory LLC grew its stake in Hyatt Hotels by 18.6% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 459 shares of the company’s stock worth $74,000 after acquiring an additional 72 shares in the last quarter. Allworth Financial LP increased its position in shares of Hyatt Hotels by 17.8% during the third quarter. Allworth Financial LP now owns 483 shares of the company’s stock worth $69,000 after acquiring an additional 73 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Hyatt Hotels by 3.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,318 shares of the company’s stock valued at $372,000 after acquiring an additional 79 shares in the last quarter. Finally, New England Research & Management Inc. boosted its holdings in shares of Hyatt Hotels by 0.3% in the third quarter. New England Research & Management Inc. now owns 23,351 shares of the company’s stock valued at $3,314,000 after purchasing an additional 80 shares during the period. 73.54% of the stock is owned by institutional investors.

Key Stories Impacting Hyatt Hotels

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Hyatt Hotels Company Profile

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Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.

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