Wolfe Research Initiates Coverage on Hyatt Hotels Corporation(NYSE:H). The shares have been rated Underperform. The rating by Wolfe Research was issued on Jul 6, 2016.
In a different note, On Jun 14, 2016, Wells Fargo said it Downgrades its rating on Hyatt Hotels Corporation. The shares have been rated ‘Market Perform’ by the firm. On May 19, 2016, Bank of America said it Downgrades its rating on Hyatt Hotels Corporation. The shares have been rated ‘Neutral’ by the firm. On May 12, 2016, Citigroup said it Maintains its rating on Hyatt Hotels Corporation. In the research note, the firm Raises the price-target to $48.00 per share. The shares have been rated ‘Neutral’ by the firm. On May 4, 2016, MKM Partners said it Maintains its rating on Hyatt Hotels Corporation. In the research note, the firm Raises the price-target to $39.00 per share. The shares have been rated ‘Sell’ by the firm. On Apr 18, 2016, SunTrust Robinson Humphrey said it Upgrades its rating on Hyatt Hotels Corporation. The shares have been rated ‘Buy’ by the firm.
Hyatt Hotels Corporation (H) made into the market gainers list on Mondays trading session with the shares advancing 1.85% or 0.92 points. Due to strong positive momentum, the stock ended at $50.72, which is also near the day’s high of $50.86. The stock began the session at $50 and the volume stood at 3,70,566 shares. The 52-week high of the shares is $59.94 and the 52 week low is $34.06. The company has a current market capitalization of $6,815 M and it has 13,43,71,740 shares in outstanding.
Hyatt Hotels Corporation(H) last announced its earnings results on May 3, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.09B. Analysts had an estimated revenue of $1.09B. Earnings per share were $0.25. Analysts had estimated an EPS of $0.25.
Several Insider Transactions has been reported to the SEC. On May 13, 2016, Bradley O’bryan (officer ) sold 700 shares at $49.09 per share price.Also, On May 9, 2016, Patrick J Grismer (officer ) purchased 25,000 shares at $48.98 per share price.On Apr 12, 2016, Robert W.k. Webb (officer ) sold 2,300 shares at $47.81 per share price, according to the Form-4 filing with the securities and exchange commission.
Hyatt Hotels Corporation is a hospitality company. The Company develops owns operates manages franchises licenses or provides services to a portfolio of properties consisting of full service hotels select service hotels resorts and other properties including timeshare fractional and other forms of residential and vacation properties. The Companys portfolio consists of approximately 587 properties (155265 rooms and units). The Companys service hotels and resorts operate under five brands which include Park Hyatt Andaz Hyatt Grand Hyatt and Hyatt Regency. The Companys two select service brands are Hyatt Place and Hyatt House. The Company has four operating segments: Owned and Leased Hotels; Americas management and franchising; Southeast Asia China Australia South Korea and Japan (ASPAC) management and franchising and Europe Africa the Middle East and Southwest Asia (EAME/SW Asia) management.