Hyatt Hotels Corporation (NYSE:H) insider Elsinore Trust sold 157,476 shares of Hyatt Hotels Corporation stock in a transaction that occurred on Tuesday, October 17th. The shares were sold at an average price of $61.48, for a total value of $9,681,624.48. Following the sale, the insider now directly owns 32,125 shares in the company, valued at approximately $1,975,045. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Hyatt Hotels Corporation (H) opened at 61.91 on Thursday. Hyatt Hotels Corporation has a 52-week low of $47.96 and a 52-week high of $62.23. The company has a market cap of $7.74 billion, a P/E ratio of 31.05 and a beta of 1.24. The stock’s 50 day moving average price is $60.76 and its 200 day moving average price is $57.60.

Hyatt Hotels Corporation (NYSE:H) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.35 by $0.17. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the firm earned $0.64 earnings per share. Analysts expect that Hyatt Hotels Corporation will post $1.60 earnings per share for the current year.

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Large investors have recently bought and sold shares of the stock. Amalgamated Bank increased its holdings in shares of Hyatt Hotels Corporation by 2.0% in the first quarter. Amalgamated Bank now owns 4,686 shares of the company’s stock valued at $253,000 after purchasing an additional 91 shares during the last quarter. BTIM Corp. increased its holdings in shares of Hyatt Hotels Corporation by 44.2% in the second quarter. BTIM Corp. now owns 57,985 shares of the company’s stock valued at $3,259,000 after purchasing an additional 17,785 shares during the last quarter. Credit Agricole S A acquired a new stake in shares of Hyatt Hotels Corporation in the first quarter valued at approximately $1,809,000. Schwab Charles Investment Management Inc. increased its holdings in shares of Hyatt Hotels Corporation by 8.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 145,543 shares of the company’s stock valued at $8,181,000 after purchasing an additional 11,424 shares during the last quarter. Finally, Gruss Capital Management LP acquired a new stake in shares of Hyatt Hotels Corporation in the second quarter valued at approximately $8,713,000. 30.68% of the stock is owned by hedge funds and other institutional investors.

Several brokerages recently issued reports on H. SunTrust Banks, Inc. reissued a “hold” rating and set a $61.00 target price on shares of Hyatt Hotels Corporation in a research note on Tuesday. FBR & Co reissued an “outperform” rating and set a $66.00 target price (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. Deutsche Bank AG reissued a “hold” rating and set a $60.00 target price (up previously from $59.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. BidaskClub raised Hyatt Hotels Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, Wolfe Research raised Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research note on Monday, July 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $59.63.

Hyatt Hotels Corporation Company Profile

Hyatt Hotels Corporation is a global hospitality company. The Company develops, owns, operates, manages, franchises, licenses or provides services to a portfolio of properties. The Company operates through four segments: owned and leased hotels; Americas management and franchising (Americas); ASPAC management and franchising (ASPAC), and EAME/SW Asia management and franchising (EAME/SW Asia).

Insider Buying and Selling by Quarter for Hyatt Hotels Corporation (NYSE:H)

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