Hyatt Hotels Corporation (NYSE: H) is 14.35% higher on its value in year-to-date trading and has touched a low of $96.77 and a high of $162.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The H stock was last observed hovering at around $146.80 in the last trading session, with the day’s gains setting it 2.32%.
Currently trading at $149.12, the stock is 6.24% and 1.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.62 million and changing 1.58% at the moment leaves the stock 5.29% off its SMA200. H registered 29.15% gain for a year compared to 6-month loss of -2.91%.
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The stock witnessed a 1.21% gain in the last 1 month and extending the period to 3 months gives it a 2.29%, and is 2.76% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.62% over the month.
Hyatt Hotels Corporation (H) has around 51000 employees, a market worth around $14.96B and $6.75B in sales. Current P/E ratio is 16.08 and Fwd P/E is 36.00. Profit margin for the company is 14.45%. Distance from 52-week low is 54.10% and -8.09% from its 52-week high. The company has generated returns on investments over the last 12 months (14.38%).
The EPS is expected to grow by 63.43% this year
609.0 institutions hold shares in Hyatt Hotels Corporation (H), with institutional investors hold 111.37% of the company’s shares. The shares outstanding are 44.28M, and float is at 43.44M with Short Float at 9.68%. Institutions hold 107.59% of the Float.
The top institutional shareholder in the company is BAMCO INC /NY/ with over 5.41 million shares valued at $822.62 million. The investor’s holdings represent 5.3552 of the H Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.2 million shares valued at $638.17 million to account for 4.0863 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 4.16 million shares representing 4.0439 and valued at over $631.56 million, while MASSACHUSETTS FINANCIAL SERVICES CO /MA/ holds 3.0057 of the shares totaling 3.04 million with a market value of $461.71 million.
Hyatt Hotels Corporation (H) Insider Activity
Hyatt Hotels Corporation disclosed in a document filed with the SEC on Aug 28 ’24 that HOPLAMAZIAN MARK SAMUEL () sold a total of 56,863 shares of the company’s common stock. The trade occurred on Aug 28 ’24 and was made at $147.20 per share for $8.37 million. Following the transaction, the insider now directly holds 0.62 million shares of the H stock.
Still, SEC filings show that on Aug 27 ’24, HOPLAMAZIAN MARK SAMUEL () disposed off 44,219 shares at an average price of $148.14 for $6.55 million. The insider now directly holds 623,556 shares of Hyatt Hotels Corporation (H).
