Hyatt Hotels (NYSE:H) Moves On Longbow Initiating Coverage of Shares

September 8, 2018 - By Pearl Odom

Hyatt Hotels Corporation (NYSE:H) Logo

Investors sentiment increased to 1.94 in Q1 2018. Its up 0.64, from 1.3 in 2017Q4. It improved, as 17 investors sold Hyatt Hotels Corporation shares while 49 reduced holdings. 57 funds opened positions while 71 raised stakes. 43.43 million shares or 2.82% less from 44.69 million shares in 2017Q4 were reported.

Security Capital & Mgmt has 0.62% invested in Hyatt Hotels Corporation (NYSE:H) for 219,025 shares. Hap Trading Ltd reported 21,213 shares. 182,555 were reported by Landscape Mngmt Limited. Balyasny Asset Management Ltd has 0.16% invested in Hyatt Hotels Corporation (NYSE:H) for 491,143 shares. Amalgamated Retail Bank accumulated 8,715 shares or 0.02% of the stock. Ubs Oconnor Ltd Com owns 37,131 shares or 0% of their US portfolio. Natixis owns 12,047 shares. 33,177 are owned by Samlyn Capital Limited Co. Grs Advsrs Limited Liability has invested 5.78% of its portfolio in Hyatt Hotels Corporation (NYSE:H). Earnest Ptnrs Limited Liability Co owns 78 shares or 0% of their US portfolio. The Maryland-based Price T Rowe Associate Md has invested 0% in Hyatt Hotels Corporation (NYSE:H). Rhumbline Advisers has invested 0.01% in Hyatt Hotels Corporation (NYSE:H). Northcoast Asset Mngmt Limited Liability has invested 0.06% in Hyatt Hotels Corporation (NYSE:H). Bluemountain Cap Management Lc invested in 0.07% or 42,572 shares. 401,100 were reported by Amundi Pioneer Asset Mngmt Inc.

How Longbow Currently Rates Hyatt Hotels (NYSE:H)

In a note issued to clients and investors on Friday, 7 September, professional analysts at Longbow began coverage on Hyatt Hotels (NYSE:H) shares. The firm issued a key “Buy” rating for H stock.

Hyatt Hotels Corporation (NYSE:H) Ratings Coverage

Among 10 analysts covering Hyatt Hotels Corp (NYSE:H), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Hyatt Hotels Corp has $95 highest and $82 lowest target. $86.78’s average target is 13.99% above currents $76.13 stock price. Hyatt Hotels Corp had 10 analyst reports since April 19, 2018 according to SRatingsIntel. Stifel Nicolaus maintained Hyatt Hotels Corporation (NYSE:H) on Tuesday, May 8 with “Hold” rating. On Thursday, June 14 the stock rating was maintained by Citigroup with “Buy”. Susquehanna maintained Hyatt Hotels Corporation (NYSE:H) on Monday, April 23 with “Buy” rating. As per Sunday, May 20, the company rating was maintained by Evercore. The rating was maintained by SunTrust on Friday, April 20 with “Hold”. As per Friday, May 4, the company rating was maintained by Deutsche Bank. The company was initiated on Thursday, May 31 by Jefferies. On Friday, May 4 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. Berenberg downgraded Hyatt Hotels Corporation (NYSE:H) on Thursday, July 19 to “Hold” rating. As per Thursday, April 19, the company rating was maintained by Robert W. Baird.

The stock increased 0.59% or $0.45 during the last trading session, reaching $76.13. About 489,190 shares traded. Hyatt Hotels Corporation (NYSE:H) has risen 40.50% since September 8, 2017 and is uptrending. It has outperformed by 27.93% the S&P500.

Analysts await Hyatt Hotels Corporation (NYSE:H) to report earnings on November, 1. They expect $0.25 EPS, down 3.85 % or $0.01 from last year’s $0.26 per share. H’s profit will be $27.83 million for 76.13 P/E if the $0.25 EPS becomes a reality. After $0.72 actual EPS reported by Hyatt Hotels Corporation for the previous quarter, Wall Street now forecasts -65.28 % negative EPS growth.

Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to full and select service hotels, resorts, and residential and other properties. The company has market cap of $8.48 billion. It operates in four divisions: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising. It has a 15.9 P/E ratio. The firm operates its properties under the Hyatt, Park Hyatt, Miraval, Grand Hyatt, Hyatt Regency, Andaz, Hyatt Centric, The Unbound Collection by Hyatt, Hyatt Place, Hyatt House, Hyatt Ziva, Hyatt Zilara, Hyatt Residence Club, Hyatt Residences, Hyatt Gold Passport, and Hyatt Resorts brands and trademarks.

More recent Hyatt Hotels Corporation (NYSE:H) news were published by: Investorplace.com which released: “7 Mid-Cap Stocks to Sell Now” on September 05, 2018. Also Bizjournals.com published the news titled: “Carroll coming down the stretch on Bellemeade project” on August 30, 2018. Bizjournals.com‘s news article titled: “By Katie Burke – Food/Hospitality/Retail Reporter, San Francisco Business Times” with publication date: September 07, 2018 was also an interesting one.

Hyatt Hotels Corporation (NYSE:H) Institutional Positions Chart

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