Somewhat Positive News Coverage Somewhat Unlikely to Affect Hyatt Hotels (H) Share Price

News stories about Hyatt Hotels (NYSE:H) have trended somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hyatt Hotels earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.6361211551952 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

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Hyatt Hotels stock traded down $1.88 during trading on Friday, reaching $76.36. 616,136 shares of the company were exchanged, compared to its average volume of 834,122. Hyatt Hotels has a 52-week low of $51.68 and a 52-week high of $83.02. The stock has a market capitalization of $9,065.46, a P/E ratio of 38.76, a price-to-earnings-growth ratio of 11.11 and a beta of 1.31. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.41.

Hyatt Hotels (NYSE:H) last released its earnings results on Wednesday, February 14th. The company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Hyatt Hotels had a net margin of 5.31% and a return on equity of 6.02%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the previous year, the firm earned $0.29 earnings per share. analysts anticipate that Hyatt Hotels will post 1.5 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 22nd will be issued a $0.15 dividend. The ex-dividend date is Wednesday, March 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.79%. Hyatt Hotels’s payout ratio is 30.46%.

Hyatt Hotels announced that its board has initiated a share repurchase plan on Thursday, December 14th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

H has been the subject of a number of analyst reports. Raymond James Financial raised shares of Hyatt Hotels from a “market perform” rating to an “outperform” rating and set a $82.00 price objective for the company in a research report on Monday, January 8th. B. Riley boosted their price objective on shares of Hyatt Hotels from $70.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, February 16th. SunTrust Banks boosted their price objective on shares of Hyatt Hotels to $80.00 and gave the company a “hold” rating in a research report on Tuesday, February 20th. Robert W. Baird reissued a “buy” rating and issued a $84.00 price objective on shares of Hyatt Hotels in a research report on Tuesday, January 9th. Finally, Wolfe Research raised shares of Hyatt Hotels from a “market perform” rating to an “outperform” rating in a research report on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $80.69.

In other Hyatt Hotels news, insider Maryam Banikarim sold 4,992 shares of the business’s stock in a transaction that occurred on Tuesday, March 13th. The shares were sold at an average price of $80.17, for a total transaction of $400,208.64. Following the completion of the sale, the insider now directly owns 23,840 shares in the company, valued at $1,911,252.80. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Peter Fulton sold 4,300 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $80.10, for a total transaction of $344,430.00. Following the sale, the insider now owns 22,066 shares of the company’s stock, valued at $1,767,486.60. The disclosure for this sale can be found here. 27.51% of the stock is currently owned by insiders.

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Hyatt Hotels Company Profile

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).

Insider Buying and Selling by Quarter for Hyatt Hotels (NYSE:H)

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