Raymond James downgraded shares of Hyatt Hotels (NYSE:H) from an outperform rating to a market perform rating in a report released on Tuesday, Marketbeat reports. They currently have $80.00 target price on the stock.

Other equities analysts have also issued research reports about the stock. Robert W. Baird set a $88.00 price target on shares of Hyatt Hotels and gave the stock a buy rating in a research report on Friday, October 19th. Jefferies Financial Group reaffirmed a hold rating and set a $84.00 price target on shares of Hyatt Hotels in a research report on Thursday, October 4th. Zacks Investment Research raised shares of Hyatt Hotels from a hold rating to a buy rating and set a $82.00 price target for the company in a research report on Wednesday, December 5th. Wells Fargo & Co dropped their price target on shares of Hyatt Hotels from $92.00 to $79.00 and set an outperform rating for the company in a research report on Thursday, November 1st. Finally, SunTrust Banks dropped their price target on shares of Hyatt Hotels to $78.00 and set a hold rating for the company in a research report on Thursday, November 1st. Fifteen investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Hyatt Hotels currently has a consensus rating of Hold and an average price target of $78.86.

H stock traded down $0.02 during midday trading on Tuesday, hitting $67.96. 5,773 shares of the stock were exchanged, compared to its average volume of 662,145. The stock has a market cap of $7.46 billion, a PE ratio of 38.22, a P/E/G ratio of 2.92 and a beta of 1.18. Hyatt Hotels has a fifty-two week low of $63.45 and a fifty-two week high of $84.89. The company has a debt-to-equity ratio of 0.41, a quick ratio of 2.15 and a current ratio of 2.17.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Tuesday, October 30th. The company reported $0.33 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.25 by $0.08. Hyatt Hotels had a return on equity of 4.95% and a net margin of 17.80%. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the firm posted $0.26 earnings per share. As a group, equities research analysts predict that Hyatt Hotels will post 1.61 earnings per share for the current year.

In other Hyatt Hotels news, insider Featherman Trust sold 72,569 shares of the firm’s stock in a transaction dated Thursday, November 15th. The shares were sold at an average price of $68.90, for a total transaction of $5,000,004.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Mark R. Vondrasek sold 7,540 shares of the firm’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $71.77, for a total transaction of $541,145.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 82,355 shares of company stock worth $5,687,117. Corporate insiders own 18.40% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Select Equity Group L.P. boosted its position in shares of Hyatt Hotels by 116.4% during the 3rd quarter. Select Equity Group L.P. now owns 1,509,904 shares of the company’s stock valued at $120,173,000 after purchasing an additional 812,192 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Hyatt Hotels by 110.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,106,350 shares of the company’s stock valued at $88,055,000 after purchasing an additional 580,125 shares in the last quarter. Glenmede Trust Co. NA bought a new position in shares of Hyatt Hotels during the 2nd quarter valued at about $19,708,000. MARSHALL WACE ASIA Ltd boosted its position in shares of Hyatt Hotels by 40.2% during the 3rd quarter. MARSHALL WACE ASIA Ltd now owns 659,188 shares of the company’s stock valued at $52,465,000 after purchasing an additional 188,924 shares in the last quarter. Finally, Baskin Financial Services Inc. bought a new position in shares of Hyatt Hotels during the 3rd quarter valued at about $13,891,000. 36.70% of the stock is currently owned by hedge funds and other institutional investors.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.

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Analyst Recommendations for Hyatt Hotels (NYSE:H)

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