1 week Ago By ABMN Staff
Hyatt Hotels ( NYSE:H – Get Free Report ) had its target price upped by equities researchers at Jefferies Financial Group from $150.00 to $176.00 in a research note issued to investors on Thursday, Benzinga reports.
The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s price target would indicate a potential upside of 12.33% from the stock’s current price.
H has been the topic of several other research reports. Morgan Stanley lowered their target price on shares of Hyatt Hotels from $160.00 to $153.
00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company.
in a report on Friday, November 1st. Bank of America increased their price target on Hyatt Hotels from $165.00 to $175.
00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Evercore ISI lifted their price objective on Hyatt Hotels from $145.00 to $155.
00 and gave the company an “in-line” rating in a research report on Monday, October 21st. Finally, StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, November 4th.
Fifteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and an average price target of $155.
21. Read Our Latest Stock Analysis on H Hyatt Hotels Stock Up 0.2 % Hyatt Hotels ( NYSE:H – Get Free Report ) last issued its earnings results on Thursday, October 31st.
The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.
04. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.
64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.
55%. During the same period last year, the business earned $0.70 earnings per share.
On average, equities research analysts expect that Hyatt Hotels will post 3.89 earnings per share for the current year. Insider Transactions at Hyatt Hotels In other news, insider Mark R.
Vondrasek sold 3,776 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.
24. Following the sale, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02.
The trade was a 39.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website .
23.50% of the stock is currently owned by company insiders. Institutional Trading of Hyatt Hotels A number of institutional investors and hedge funds have recently bought and sold shares of the company.
Asset Management One Co. Ltd. lifted its holdings in Hyatt Hotels by 0.
4% in the third quarter. Asset Management One Co. Ltd.
now owns 15,539 shares of the company’s stock valued at $2,365,000 after acquiring an additional 66 shares during the period. PFG Investments LLC boosted its stake in Hyatt Hotels by 1.5% during the third quarter.
PFG Investments LLC now owns 4,846 shares of the company’s stock worth $738,000 after buying an additional 70 shares during the period. Hunter Associates Investment Management LLC increased its stake in Hyatt Hotels by 0.6% in the third quarter.
Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock worth $2,601,000 after purchasing an additional 95 shares during the period. AdvisorShares Investments LLC raised its holdings in shares of Hyatt Hotels by 23.9% in the second quarter.
AdvisorShares Investments LLC now owns 559 shares of the company’s stock valued at $83,000 after acquiring an additional 108 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Hyatt Hotels by 21.6% in the 3rd quarter.
Nisa Investment Advisors LLC now owns 620 shares of the company’s stock worth $94,000 after buying an additional 110 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors.
About Hyatt Hotels ( 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.
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