November 28, 2016 - By Nellie Frank
Madrone Ghc – Llc is an insider of Hyatt Hotels Corp. That well-know insider in the last few days sold 85,338 shares in the firm with the sale value totalling precisely $4,604,455 US Dollars. That was according to the documented price of $54.0 for share. Being a significant trade, it will probably not go a secret. Madrone Ghc – Llc at present has ownership of 7.02% of the company’s market cap with ownership of 9.07 million shares. The date of trade was 28/11/2016, and it was revealed in a SEC-filed report, which you can read here.
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 0.77% above today’s ($53.09) stock price. Hyatt Hotels has been the topic of 42 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The stock of Hyatt Hotels Corporation (NYSE:H) has “Buy” rating given on Tuesday, December 8 by Berenberg. The rating was maintained by SunTrust on Wednesday, August 5 with “Buy”. The firm earned “Neutral” rating on Thursday, August 11 by Citigroup. On Monday, January 4 the stock rating was initiated by Telsey Advisory Group with “Market Perform”. The stock of Hyatt Hotels Corporation (NYSE:H) earned “Overweight” rating by Morgan Stanley on Tuesday, February 16. The firm has “Sell” rating by Goldman Sachs given on Monday, January 18. The stock of Hyatt Hotels Corporation (NYSE:H) has “Underperform” rating given on Wednesday, November 2 by CLSA. The rating was downgraded by Citigroup to “Neutral” on Tuesday, December 15. Evercore maintained the shares of H in a report on Monday, September 7 with “Buy” rating. JP Morgan downgraded it to “Neutral” rating and $50 target price in Wednesday, January 6 report.
Insitutional Activity: The institutional sentiment increased to 1.02 in Q2 2016. Its up 0.41, from 0.61 in 2016Q1. The ratio is positive, 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.
Millennium Mngmt Limited Liability Corp holds 0.03% or 297,379 shares in its portfolio. Brandywine Global Inv Mngmt Ltd Liability Com has 32,261 shares for 0.01% of their US portfolio. Spot Trading Llc owns 2,250 shares or 0% of their US portfolio. Moreover, Bancshares Of Montreal Can has 0% invested in Hyatt Hotels Corporation (NYSE:H) for 387 shares. Moreover, Mason Capital Ltd Liability Company has 0.9% invested in Hyatt Hotels Corporation (NYSE:H) for 567,326 shares. Deutsche Natl Bank Ag holds 0% or 20,667 shares in its portfolio. Zacks Inv Mngmt holds 0.06% or 38,102 shares in its portfolio. Tiaa Cref Mgmt Ltd, a New York-based fund reported 166,034 shares. Ahl Prtn Llp has 22,323 shares for 0.06% of their US portfolio. Blackrock Fund holds 0% or 232,601 shares in its portfolio. The North Carolina-based Wedge Cap Management L Limited Partnership Nc has invested 0.1% in Hyatt Hotels Corporation (NYSE:H). Canada Pension Plan Invest Board last reported 0.01% of its portfolio in the stock. Parallax Volatility Advisers L P holds 0% or 8,853 shares in its portfolio. State Of Wisconsin Invest Board has 0% invested in the company for 15,524 shares. Guardian Tru Com last reported 0% of its portfolio in the stock.
Insider Transactions: Since August 5, 2016, the stock had 0 insider purchases, and 22 sales for $95.68 million net activity. On Thursday, November 10 the insider Penner Gregory Boyd sold $3.30M. Shares for $7.38 million were sold by Madrone GHC – LLC. Udell David sold 7,344 shares worth $383,767. On Monday, August 15 Reiss Rena Hozore sold $107,000 worth of the stock or 2,000 shares.
About 292,190 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 $7.08 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 35.89 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 EPS, up 14.29% or $0.03 from last year’s $0.21 per share. H’s profit will be $32.01M for 55.30 P/E if the $0.24 EPS becomes a reality. After $0.47 actual EPS 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.
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.
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By Nellie Frank