Hyatt Hotels Corporation (H) Insider Elsinore Trust Sells 111,003 Shares

Hyatt Hotels Corporation (NYSE:H) insider Elsinore Trust sold 111,003 shares of Hyatt Hotels Corporation stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $69.56, for a total transaction of $7,721,368.68. Following the completion of the transaction, the insider now directly owns 40,878 shares of the company’s stock, valued at approximately $2,843,473.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Elsinore Trust also recently made the following trade(s):

  • On Tuesday, October 17th, Elsinore Trust sold 157,476 shares of Hyatt Hotels Corporation stock. The stock was sold at an average price of $61.48, for a total transaction of $9,681,624.48.

Shares of Hyatt Hotels Corporation (NYSE H) traded up $0.04 during trading on Friday, hitting $70.00. 1,210,600 shares of the company traded hands, compared to its average volume of 758,479. The company has a market cap of $8,506.23, a price-to-earnings ratio of 38.87, a PEG ratio of 9.95 and a beta of 1.20. The company has a quick ratio of 1.04, a current ratio of 1.06 and a debt-to-equity ratio of 0.39. Hyatt Hotels Corporation has a 12 month low of $50.21 and a 12 month high of $70.95.

Hyatt Hotels Corporation (NYSE:H) last posted its earnings results on Thursday, November 2nd. The company reported $0.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.09. Hyatt Hotels Corporation had a net margin of 4.66% and a return on equity of 6.13%. The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same period in the previous year, the firm posted $0.47 EPS. equities research analysts predict that Hyatt Hotels Corporation will post 1.73 EPS for the current year.

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A number of research firms have recently issued reports on H. SunTrust Banks, Inc. restated a “hold” rating and set a $61.00 target price on shares of Hyatt Hotels Corporation in a research note on Tuesday, October 17th. Berenberg Bank upgraded shares of 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 research note on Friday, November 10th. Morgan Stanley lifted their price objective on shares of Hyatt Hotels Corporation from $63.00 to $67.00 and gave the stock an “equal weight” rating in a research note on Friday, November 3rd. BidaskClub cut shares of Hyatt Hotels Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, July 27th. Finally, FBR & Co reiterated an “outperform” rating and issued a $66.00 price objective (up previously from $63.00) on shares of Hyatt Hotels Corporation in a research note on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $66.50.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System grew its holdings in Hyatt Hotels Corporation by 4.9% during the 3rd quarter. California Public Employees Retirement System now owns 102,716 shares of the company’s stock worth $6,347,000 after acquiring an additional 4,816 shares during the last quarter. Bamco Inc. NY lifted its position in shares of Hyatt Hotels Corporation by 0.4% in the 3rd quarter. Bamco Inc. NY now owns 4,456,997 shares of the company’s stock worth $275,398,000 after purchasing an additional 17,660 shares during the period. Highbridge Capital Management LLC lifted its position in shares of Hyatt Hotels Corporation by 483.4% in the 3rd quarter. Highbridge Capital Management LLC now owns 62,129 shares of the company’s stock worth $3,839,000 after purchasing an additional 51,479 shares during the period. Jane Street Group LLC lifted its position in shares of Hyatt Hotels Corporation by 585.1% in the 3rd quarter. Jane Street Group LLC now owns 34,723 shares of the company’s stock worth $2,146,000 after purchasing an additional 29,655 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. lifted its position in shares of Hyatt Hotels Corporation by 236.9% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 102,783 shares of the company’s stock worth $6,350,000 after purchasing an additional 72,273 shares during the period. 31.46% of the stock is currently owned by hedge funds and other institutional investors.

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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