Insider Heat: Gregory Penner, Hyatt Hotels Corporation (NYSE:H)’s insider Unloaded 85,338 Shares

November 28, 2016 - By Adrian Mccoy

Insider Heat: Gregory Penner, Hyatt Hotels Corporation (NYSE:H)'s insider Unloaded 85,338 Shares

Gregory Penner Insider Sell

An insider of the company Hyatt Hotels Corp, Gregory Penner also its shareholder, disclosed his trade activities with the SEC on November 28, 2016. As revealed in the document, Gregory had sold 85,338 shares of the firm. The total insider trading transaction was worth $4,604,455 U.S. Dollars. At the time of the transaction the price of a share was $54.0. In the last 30 days, he also unloaded 1,079,753 shares with a market value $57,391,208 USD. Currently, Mr. Gregory, has 9.10 million shares, which accounts for 7.04% of the Company’s market capitalization.

Hyatt Hotels Corporation (NYSE:H) Ratings Coverage

Out of 20 analysts covering Hyatt Hotels (NYSE:H), 7 rate it a “Buy”, 5 “Sell”, while 8 “Hold”. This means 35% are positive. $68 is the highest target while $30 is the lowest. The $53.50 average target is 0.68% above today’s ($53.14) stock price. Hyatt Hotels has been the topic of 42 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock has “Overweight” rating given by Morgan Stanley on Tuesday, February 16. On Friday, January 15 the stock rating was downgraded by Goldman Sachs to “Sell”. On Tuesday, July 19 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The firm has “Outperform” rating given on Wednesday, February 3 by Wells Fargo. The firm earned “Buy” rating on Tuesday, January 26 by Stifel Nicolaus. The firm has “Buy” rating by SunTrust given on Monday, April 18. Citigroup downgraded Hyatt Hotels Corporation (NYSE:H) on Tuesday, December 15 to “Neutral” rating. The firm has “Outperform” rating given on Friday, November 20 by FBR Capital. The stock of Hyatt Hotels Corporation (NYSE:H) has “Market Perform” rating given on Friday, February 19 by Telsey Advisory Group. Goldman Sachs downgraded the shares of H in a report on Monday, January 18 to “Sell” rating.

Insitutional Activity: The institutional sentiment increased to 1.02 in 2016 Q2. Its up 0.41, from 0.61 in 2016Q1. The ratio increased, as 18 funds sold all Hyatt Hotels Corporation shares owned while 62 reduced positions. 17 funds bought stakes while 32 increased positions. They now own 22.71 million shares or 9.42% less from 25.07 million shares in 2016Q1.

Winfield last reported 10 shares in the company. Calvert Invest Inc owns 8,417 shares or 0.02% of their US portfolio. Peak6 Investments Limited Partnership holds 0% or 12,338 shares in its portfolio. Moreover, Raymond James Assocs has 0.01% invested in Hyatt Hotels Corporation (NYSE:H) for 33,457 shares. Glenhill Advsr Limited accumulated 766,606 shares or 2.72% of the stock. Tudor Investment Et Al holds 0.02% of its portfolio in Hyatt Hotels Corporation (NYSE:H) for 23,241 shares. Sei Invs last reported 0% of its portfolio in the stock. Blackrock Inc holds 11,140 shares or 0% of its portfolio. Spot Trading Ltd Liability Company has invested 0% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Cubist Systematic Strategies Ltd Liability Co reported 10,639 shares or 0.03% of all its holdings. Goldman Sachs Gru Inc has 0% invested in the company for 300,508 shares. Serv holds 47 shares or 0% of its portfolio. Gamco Incorporated Et Al last reported 54,000 shares in the company. Invesco Ltd has invested 0% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Wells Fargo Mn holds 46,068 shares or 0% of its portfolio.

Insider Transactions: Since August 5, 2016, the stock had 0 buys, and 22 selling transactions for $95.68 million net activity. $107,000 worth of shares were sold by Reiss Rena Hozore on Monday, August 15. On Monday, November 14 Madrone GHC – LLC sold $3.62 million worth of the stock or 68,000 shares. Udell David had sold 7,344 shares worth $383,767. Shares for $2.37 million were sold by Penner Gregory Boyd.

About 289,872 shares traded hands. Hyatt Hotels Corporation (NYSE:H) has risen 15.75% since April 25, 2016 and is uptrending. It has outperformed by 9.73% the S&P500.

Hyatt Hotels Corporation is a global hospitality company. The company has a market cap of $7.09 billion. The Firm 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. It has a 35.93 P/E ratio. The Firm operates through four divisions: Owned and leased hotels; Americas management and franchising; Southeast Asia, China, Australia, South Korea and Japan management and franchising, and Europe, Africa, the Middle East and Southwest Asia (EAME/SW Asia) management.

According to Zacks Investment Research, “Hyatt Hotels Corporation is a global hospitality company that manages, franchises, owns and develops Hyatt branded hotels, resorts and residential and vacation ownership properties around the world. Its hotels and resorts offer business centers, car rentals, catering, weddings, fitness centers, hotel shops, lounges, meetings and events, pools, and restaurants. The company is based in Chicago, Illinois. It has hotel locations in North America, Asia, Europe, Latin America, Caribbean, Australia, New Zealand, Africa, and the Middle East. The company’s mission is to provide authentic hospitality by making a difference in the lives of the people they touch every day.”

Analysts await Hyatt Hotels Corporation (NYSE:H) to report earnings on February, 16. They expect $0.24 earnings per share, up 14.29% or $0.03 from last year’s $0.21 per share. H’s profit will be $32.02M for 55.35 P/E if the $0.24 EPS becomes a reality. After $0.47 actual earnings per share reported by Hyatt Hotels Corporation for the previous quarter, Wall Street now forecasts -48.94% negative EPS growth.

Another recent and important Hyatt Hotels Corporation (NYSE:H) news was published by Fool.com which published an article titled: “Hyatt Hotels Corporation Boosts Profits With Help From Its High-End Properties” on November 03, 2016.

H Company Profile

Hyatt Hotels Corporation, incorporated on August 4, 2004, is a global hospitality company. The Firm 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 Firm operates through four divisions: 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Tags: , ,

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>