Key Points
- Insider sale: Hyatt insider David Udell sold 4,300 shares on Nov. 26 at an average $166, reducing his stake by ~23.8% to 13,746 shares (latest sale worth $713,800) and bringing his total recent sales this fall to about 15,492 shares.
- Earnings miss: Hyatt reported quarterly EPS of ($0.30) vs. $0.49 expected and revenue of $1.50B vs. $1.82B expected, though revenue rose 9.6% year‑over‑year.
- Dividend & outlook: The company declared a $0.15 quarterly dividend (annualized $0.60, ~0.4% yield) while analysts hold a "Moderate Buy" consensus with an average target of $158.33 as the stock trades near its 52‑week high of $168.20.
Hyatt Hotels Corporation (NYSE:H - Get Free Report) insider David Udell sold 4,300 shares of the business's stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $166.00, for a total transaction of $713,800.00. Following the transaction, the insider owned 13,746 shares of the company's stock, valued at approximately $2,281,836. The trade was a 23.83% decrease in their position. The sale was disclosed in a 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 shares were 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 stock was 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
H stock opened at $161.20 on Tuesday. The business has a 50 day moving average price of $148.62 and a 200 day moving average price of $143.00. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.45. The stock has a market cap of $15.31 billion, a price-to-earnings ratio of 38.29, a PEG ratio of 2.54 and a beta of 1.43. Hyatt Hotels Corporation has a fifty-two week low of $102.43 and a fifty-two week high of $168.20.
Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings data on Thursday, November 6th. The company reported ($0.30) earnings per share for the quarter, missing analysts' consensus estimates of $0.49 by ($0.79). The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.82 billion. Hyatt Hotels had a return on equity of 6.54% and a net margin of 6.39%.The firm's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.94 EPS. Equities research analysts anticipate that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.
Hyatt Hotels Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 8th. Shareholders of record on Monday, November 24th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, November 24th. Hyatt Hotels's dividend payout ratio is currently -64.52%.
Hedge Funds Weigh In On Hyatt Hotels
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Bamco Inc. NY increased its stake in Hyatt Hotels by 2.7% in the 3rd quarter. Bamco Inc. NY now owns 6,116,673 shares of the company's stock valued at $868,139,000 after buying an additional 161,461 shares during the period. Principal Financial Group Inc. increased its stake in shares of Hyatt Hotels by 21.8% during the third quarter. Principal Financial Group Inc. now owns 4,715,085 shares of the company's stock worth $669,221,000 after acquiring an additional 843,121 shares during the period. Vanguard Group Inc. raised its holdings in Hyatt Hotels by 0.5% during the first quarter. Vanguard Group Inc. now owns 3,920,488 shares of the company's stock worth $480,260,000 after purchasing an additional 21,190 shares in the last quarter. Wellington Management Group LLP lifted its position in Hyatt Hotels by 7.2% in the third quarter. Wellington Management Group LLP now owns 3,159,562 shares of the company's stock valued at $448,437,000 after purchasing an additional 211,112 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in Hyatt Hotels by 24.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,765,785 shares of the company's stock valued at $392,548,000 after purchasing an additional 545,003 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Robert W. Baird lifted their target price on Hyatt Hotels from $154.00 to $156.00 and gave the stock a "neutral" rating in a research report on Thursday, November 20th. Wall Street Zen lowered Hyatt Hotels from a "hold" rating to a "strong sell" rating in a research report on Sunday, August 17th. Morgan Stanley raised Hyatt Hotels from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $147.00 to $168.00 in a report on Wednesday, October 22nd. Wells Fargo & Company initiated coverage on shares of Hyatt Hotels in a report on Tuesday, November 18th. They issued an "equal weight" rating and a $154.00 target price on the stock. Finally, Truist Financial increased their price target on shares of Hyatt Hotels from $140.00 to $159.00 and gave the stock a "buy" rating in a research note on Wednesday, September 3rd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $158.33.
View Our Latest Stock Analysis on H
Hyatt Hotels Company Profile
(
Get Free Report)
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.
Further Reading
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