News coverage about Hyatt Hotels Corporation (NYSE:H) has trended somewhat negative this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hyatt Hotels Corporation earned a news sentiment score of -0.02 on Accern’s scale. Accern also assigned news stories about the company an impact score of 43.6784413866734 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Hyatt Hotels discovers card data breach at 41 properties – StreetInsider.com (streetinsider.com)
- Hyatt Reports Credit Card Breach (businesstravelnews.com)
- Hotel chains are experimenting with Airbnb-like services (curbed.com)
- Hyatt Place, Hyatt House hotel to open near home of Indianapolis Pacers (rejournals.com)
- HRI Properties to build dual-brand Hyatt Place/Hyatt House in Indianapolis (hotelmanagement.net)
H has been the subject of several recent research reports. BidaskClub cut Hyatt Hotels Corporation from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 27th. Wolfe Research raised Hyatt Hotels Corporation from an “underperform” rating to a “market perform” rating in a research report on Monday, July 10th. FBR & Co reaffirmed an “outperform” rating and set a $66.00 price objective (up from $63.00) on shares of Hyatt Hotels Corporation in a research report on Wednesday, August 9th. Deutsche Bank AG reaffirmed a “hold” rating and set a $60.00 price objective (up from $59.00) on shares of Hyatt Hotels Corporation in a research report on Wednesday, August 9th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $68.00 price objective on shares of Hyatt Hotels Corporation in a research report on Friday, September 8th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $59.43.
Hyatt Hotels Corporation (NYSE:H) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.17. The firm had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.20 billion. Hyatt Hotels Corporation had a return on equity of 6.78% and a net margin of 5.71%. During the same period in the previous year, the company posted $0.64 EPS.
In other news, insider Rena Hozore Reiss sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, September 25th. The stock was sold at an average price of $61.43, for a total value of $245,720.00. Following the transaction, the insider now owns 30,881 shares in the company, valued at approximately $1,897,019.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Maryam Banikarim sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $61.42, for a total value of $614,200.00. The disclosure for this sale can be found here. Insiders have sold a total of 8,727,219 shares of company stock valued at $502,679,207 over the last three months. Corporate insiders own 27.51% of the company’s stock.
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About Hyatt Hotels Corporation
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).
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