Key Points
- Hyatt insider Amar Lalvani sold 1,364 shares at an average price of $163.06, generating approximately $222,414 and reducing his holdings by 21.8% to 4,894 shares.
- Hyatt’s latest quarterly results exceeded expectations, with earnings per share of $1.12 versus the $0.91 consensus estimate and revenue of $1.83 billion. The company also maintains a $0.15 quarterly dividend, equivalent to a 0.4% yield.
- Analysts hold a “Moderate Buy” consensus rating with an average price target of $197.80, while institutional investors own 73.54% of the company’s stock.
Hyatt Hotels Corporation (NYSE:H - Get Free Report) insider Amar Lalvani sold 1,364 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $163.06, for a total value of $222,413.84. Following the completion of the transaction, the insider directly owned 4,894 shares of the company's stock, valued at $798,015.64. This represents a 21.80% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Hyatt Hotels Price Performance
H stock opened at $158.75 on Thursday. The stock's 50 day moving average is $176.91 and its two-hundred day moving average is $172.40. Hyatt Hotels Corporation has a 52-week low of $134.18 and a 52-week high of $206.86. The company has a market capitalization of $14.96 billion, a PE ratio of 193.60 and a beta of 1.34. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 1.01.
Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.21. The business had revenue of $1.83 billion during the quarter, compared to the consensus estimate of $1.82 billion. Hyatt Hotels had a net margin of 1.10% and a return on equity of 7.27%. The business's quarterly revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.68 earnings per share. Analysts predict that Hyatt Hotels Corporation will post 3.54 earnings per share for the current fiscal year.
Hyatt Hotels Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, August 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels's payout ratio is presently 73.17%.
Key Headlines Impacting Hyatt Hotels
Here are the key news stories impacting Hyatt Hotels this week:
- Positive Sentiment: Hyatt is expanding its all-inclusive footprint with the planned December 10 opening of the Grand Hyatt Cancun Beach Resort. The property will feature 14 dining concepts, nine pools and a beach club, potentially supporting future fee revenue and brand growth. Grand Hyatt all-inclusive to open in Cancun gated community
- Positive Sentiment: A 382-room Grand Hyatt is also planned for Grand Cayman, with oceanfront pools and 900 feet of waterfront. The project adds another upscale resort to Hyatt’s pipeline and may strengthen its presence in the Caribbean. Grand Hyatt Grand Cayman development
- Neutral Sentiment: Hyatt’s Inclusive Collection launched a winter promotion offering up to 35% off. The campaign could boost occupancy and bookings, but the discounts may also limit revenue per available room and margins. Hyatt Inclusive Collection winter sale
- Neutral Sentiment: Wide award availability at Hyatt’s newer Hawaiian hotels for 20,000 points could encourage loyalty-program engagement and travel demand, though the use of points may carry lower economics than cash bookings. Hyatt Hawaiian hotel award availability
- Negative Sentiment: Amar Lalvani, Hyatt’s executive vice president and president and creative director of Lifestyle, sold 1,364 shares at an average price of $163.06, reducing his holdings by 21.8%. The transaction, worth approximately $222,414, may weigh on sentiment because insider selling can be interpreted as a lack of near-term conviction, although it does not necessarily indicate a change in company fundamentals. Hyatt insider transaction filing
Institutional Trading of Hyatt Hotels
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BlueCrest Capital Management Ltd acquired a new stake in shares of Hyatt Hotels during the 2nd quarter valued at $7,829,000. Allworth Financial LP increased its stake in Hyatt Hotels by 31.5% in the 2nd quarter. Allworth Financial LP now owns 634 shares of the company's stock valued at $123,000 after buying an additional 152 shares during the period. Nykredit A S purchased a new stake in Hyatt Hotels in the 2nd quarter worth approximately $8,018,000. HB Wealth Management LLC purchased a new position in Hyatt Hotels in the second quarter valued at about $277,000. Finally, Nilsine Partners LLC bought a new position in Hyatt Hotels during the second quarter valued at approximately $4,009,000. 73.54% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
H has been the subject of several research analyst reports. HSBC raised Hyatt Hotels from a "hold" rating to a "buy" rating and set a $212.00 price objective for the company in a report on Thursday, June 4th. Mizuho raised their price objective on Hyatt Hotels from $219.00 to $221.00 and gave the stock an "outperform" rating in a research note on Friday, May 29th. Wells Fargo & Company lifted their price objective on shares of Hyatt Hotels from $182.00 to $186.00 and gave the stock an "equal weight" rating in a report on Thursday, July 16th. JPMorgan Chase & Co. dropped their price objective on shares of Hyatt Hotels from $215.00 to $209.00 and set an "overweight" rating on the stock in a research note on Friday, July 31st. Finally, Truist Financial increased their target price on Hyatt Hotels from $187.00 to $198.00 and gave the stock a "buy" rating in a research report on Thursday, September 10th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $197.80.
Get Our Latest Stock Analysis on Hyatt Hotels
Hyatt Hotels Company Profile
(
Get Free Report)
Hyatt Hotels Corporation (NYSE:H) is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts and other lodging properties. Its portfolio serves business and leisure travelers across a range of price points, from luxury and lifestyle accommodations to full-service and select-service hotels.
The company's brands include Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, The Unbound Collection by Hyatt, Destination by Hyatt, Hyatt Place and Hyatt House.
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