Raymond James Keeps Their Hold Rating on Hyatt Hotels (H)

In a report released today, William Crow from Raymond James maintained a Hold rating on Hyatt Hotels (HResearch Report). The company’s shares closed last Monday at $83.63, close to its 52-week high of $94.98.

According to TipRanks.com, Crow is a 4-star analyst with an average return of 12.5% and a 66.5% success rate. Crow covers the Financial sector, focusing on stocks such as Washington Real Estate Investment, Easterly Government Properties, and Corporate Office Properties.

The word on The Street in general, suggests a Hold analyst consensus rating for Hyatt Hotels with a $68.73 average price target, a -17.2% downside from current levels. In a report issued on February 17, Robert W. Baird also maintained a Hold rating on the stock with a $63.00 price target.

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Based on Hyatt Hotels’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $424 million and GAAP net loss of $203 million. In comparison, last year the company earned revenue of $1.28 billion and had a net profit of $321 million.

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of H in relation to earlier this year.

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Hyatt Hotels Corp. engages in the development and management of resort and hotel chains. It operates through the following segments: Owned and Leased Hotels; Americas Management and Franchising; ASPAC Management and Franchising; and EAME/SW Asia management and Franchising. The Owned and Leased Hotels segment offers hospitality services and hotels. The Americas Management and Franchising segment consists of properties located in the United States, Latin America, Canada, and the Caribbean. The ASPAC Management and Franchising segment includes of its management and franchising of properties located in Southeast Asia, Greater China, Australia, South Korea, Japan and Micronesia. The EAME/SW Asia Management segment comprises of its management and franchising of properties located primarily in Europe, Africa, the Middle East, India, Central Asia, and Nepal. The company was founded by Thomas Jay Pritzker in 1957 and is headquartered in Chicago, IL.