Equities research analysts at Longbow Research initiated coverage on shares of Hyatt Hotels (NYSE:H) in a research note issued on Friday, Marketbeat.com reports. The firm set a “buy” rating and a $99.00 price target on the stock. Longbow Research’s price target suggests a potential upside of 30.04% from the company’s previous close.

H has been the topic of several other research reports. Jefferies Financial Group assumed coverage on shares of Hyatt Hotels in a report on Thursday, May 31st. They issued a “hold” rating and a $85.00 price target on the stock. Citigroup raised their price target on shares of Hyatt Hotels from $82.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, June 14th. Zacks Investment Research upgraded shares of Hyatt Hotels from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Monday, July 9th. Finally, Berenberg Bank lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and raised their price target for the company from $83.00 to $87.50 in a report on Thursday, July 19th. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $85.54.

Shares of H stock opened at $76.13 on Friday. The stock has a market cap of $8.48 billion, a PE ratio of 49.44, a P/E/G ratio of 4.81 and a beta of 1.23. Hyatt Hotels has a 1-year low of $59.00 and a 1-year high of $84.89. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.87 and a current ratio of 1.89.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Tuesday, July 31st. The company reported $0.72 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.24. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.14 billion. Hyatt Hotels had a net margin of 12.76% and a return on equity of 4.91%. analysts forecast that Hyatt Hotels will post 1.58 earnings per share for the current fiscal year.

In other news, insider H Co Lp Lci sold 110,480 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, August 22nd. The shares were sold at an average price of $78.76, for a total transaction of $8,701,404.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Margaret C. Egan sold 4,300 shares of Hyatt Hotels stock in a transaction that occurred on Thursday, June 14th. The shares were sold at an average price of $83.04, for a total transaction of $357,072.00. Following the sale, the insider now owns 16 shares in the company, valued at approximately $1,328.64. The disclosure for this sale can be found here. Company insiders own 18.40% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the company. HAP Trading LLC purchased a new stake in shares of Hyatt Hotels during the first quarter valued at approximately $1,618,000. Schwab Charles Investment Management Inc. grew its position in shares of Hyatt Hotels by 11.3% during the first quarter. Schwab Charles Investment Management Inc. now owns 234,313 shares of the company’s stock worth $17,869,000 after buying an additional 23,852 shares in the last quarter. Parametrica Management Ltd grew its position in shares of Hyatt Hotels by 52.4% during the second quarter. Parametrica Management Ltd now owns 6,399 shares of the company’s stock worth $494,000 after buying an additional 2,200 shares in the last quarter. Security Capital Research & Management Inc. grew its position in shares of Hyatt Hotels by 23.9% during the second quarter. Security Capital Research & Management Inc. now owns 271,475 shares of the company’s stock worth $20,944,000 after buying an additional 52,450 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its position in shares of Hyatt Hotels by 5.7% during the second quarter. Oppenheimer Asset Management Inc. now owns 19,688 shares of the company’s stock worth $1,519,000 after buying an additional 1,056 shares in the last quarter. Institutional investors own 37.19% of the company’s stock.

About Hyatt Hotels

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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