Hyatt Hotels Corporation Target of Unusually High Options Trading (H)

Hyatt Hotels Corporation (NYSE:H) was the recipient of unusually large options trading on Friday. Traders acquired 638 put options on the stock. This represents an increase of approximately Infinity compared to the typical volume of 0 put options.

Shares of Hyatt Hotels Corporation (NYSE H) opened at $69.83 on Monday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.06 and a quick ratio of 1.04. The company has a market capitalization of $8,490.42, a PE ratio of 38.79, a P/E/G ratio of 10.16 and a beta of 1.20. Hyatt Hotels Corporation has a 52-week low of $50.21 and a 52-week high of $70.95.

Hyatt Hotels Corporation (NYSE:H) last posted its earnings results on Thursday, November 2nd. The company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Hyatt Hotels Corporation had a return on equity of 6.13% and a net margin of 4.66%. During the same period in the previous year, the business earned $0.47 earnings per share. analysts anticipate that Hyatt Hotels Corporation will post 1.69 EPS for the current fiscal year.

In other news, insider Rena Hozore Reiss sold 4,000 shares of the business’s stock in a transaction on Monday, September 25th. The stock was sold at an average price of $61.43, for a total value of $245,720.00. Following the completion of the transaction, the insider now owns 30,881 shares in the company, valued at $1,897,019.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen G. Haggerty sold 7,117 shares of the business’s stock in a transaction on Thursday, October 19th. The stock was sold at an average price of $61.60, for a total value of $438,407.20. Following the completion of the transaction, the insider now owns 57,326 shares of the company’s stock, valued at approximately $3,531,281.60. The disclosure for this sale can be found here. Insiders sold 242,485 shares of company stock valued at $14,884,343 in the last 90 days. Company insiders own 27.51% of the company’s stock.

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in shares of Hyatt Hotels Corporation by 19.5% in the first quarter. Vanguard Group Inc. now owns 2,872,449 shares of the company’s stock worth $155,055,000 after buying an additional 469,675 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Hyatt Hotels Corporation by 63.0% in the third quarter. BNP Paribas Arbitrage SA now owns 1,018,390 shares of the company’s stock worth $62,927,000 after buying an additional 393,424 shares in the last quarter. Marshall Wace North America L.P. lifted its position in shares of Hyatt Hotels Corporation by 35.8% in the second quarter. Marshall Wace North America L.P. now owns 952,368 shares of the company’s stock worth $53,333,000 after buying an additional 251,253 shares in the last quarter. Cibc World Markets Corp purchased a new stake in shares of Hyatt Hotels Corporation in the second quarter worth about $37,099,000. Finally, Balyasny Asset Management LLC lifted its position in shares of Hyatt Hotels Corporation by 12.7% in the second quarter. Balyasny Asset Management LLC now owns 639,471 shares of the company’s stock worth $35,945,000 after buying an additional 72,202 shares in the last quarter. Institutional investors own 31.13% of the company’s stock.

Several analysts recently commented on H shares. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $61.00 price objective on shares of Hyatt Hotels Corporation in a report on Tuesday, October 17th. Berenberg Bank raised Hyatt Hotels Corporation from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $69.20 to $78.00 in a report on Friday. Morgan Stanley lifted their price objective on Hyatt Hotels Corporation from $63.00 to $67.00 and gave the stock an “equal weight” rating in a report on Friday, November 3rd. BidaskClub lowered Hyatt Hotels Corporation from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, FBR & Co reaffirmed an “outperform” rating and issued a $66.00 price objective (up previously from $63.00) on shares of Hyatt Hotels Corporation in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $66.50.

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About Hyatt Hotels Corporation

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).

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