News

Fintel reports that on June 21, 2024, Susquehanna initiated coverage of Hyatt Hotels (NYSE:H) with a Neutral recommendation.

Analyst Price Forecast Suggests 10.77% Upside

As of June 12, 2024, the average one-year price target for Hyatt Hotels is 166.16. The forecasts range from a low of 128.27 to a high of $214.20. The average price target represents an increase of 10.77% from its latest reported closing price of 150.01.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Hyatt Hotels is 6,715MM, an increase of 1.31%. The projected annual non-GAAP EPS is 3.39.

What is the Fund Sentiment?

There are 822 funds or institutions reporting positions in Hyatt Hotels. This is an increase of 50 owner(s) or 6.48% in the last quarter. Average portfolio weight of all funds dedicated to H is 0.22%, an increase of 1.56%. Total shares owned by institutions decreased in the last three months by 3.94% to 60,889K shares.

The put/call ratio of H is 0.80, indicating a bullish outlook.

What are Other Shareholders Doing?

Bamco holds 5,377K shares representing 5.31% ownership of the company. In its prior filing, the firm reported owning 5,405K shares , representing a decrease of 0.52%. The firm increased its portfolio allocation in H by 21.85% over the last quarter.

BPTRX - Baron Partners Fund holds 3,315K shares representing 3.28% ownership of the company. In its prior filing, the firm reported owning 3,325K shares , representing a decrease of 0.30%. The firm increased its portfolio allocation in H by 40.09% over the last quarter.

Massachusetts Financial Services holds 3,040K shares representing 3.00% ownership of the company. In its prior filing, the firm reported owning 3,046K shares , representing a decrease of 0.20%. The firm decreased its portfolio allocation in H by 82.53% over the last quarter.

Principal Financial Group holds 2,482K shares representing 2.45% ownership of the company. In its prior filing, the firm reported owning 2,405K shares , representing an increase of 3.11%. The firm decreased its portfolio allocation in H by 36.93% over the last quarter.

Wellington Management Group Llp holds 2,395K shares representing 2.37% ownership of the company. In its prior filing, the firm reported owning 2,547K shares , representing a decrease of 6.35%. The firm decreased its portfolio allocation in H by 84.45% over the last quarter.

Hyatt Hotels Background Information
(This description is provided by the company.)

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. As of September 30, 2020, the Company's portfolio included more than 950 hotel, all-inclusive, and wellness resort properties in 67 countries across six continents. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders. The Company's subsidiaries develop, own, lease, operate, manage, franchise, license or provide services to hotels, resorts, branded residences, and vacation ownership properties, including under the Park Hyatt®,Miraval®,Grand Hyatt®,Alila®,Andaz®,The Unbound Collection by Hyatt®,Destination®,Hyatt Regency®,Hyatt®,Hyatt Ziva™,Hyatt Zilara™,Thompson Hotels®,Hyatt Centric®,Caption by Hyatt,Joie de Vivre®,Hyatt House®,Hyatt Place®,tommie™,UrCove,andHyatt Residence Club® brand names, and operates the World of Hyatt® loyalty program that provides distinct benefits and exclusive experiences to its valued members.

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This story originally appeared on Fintel.

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