The Executive Vice President, Group President – Ame… of Hyatt Hotels Corp. (NYSE: H) is Selling Shares

By Carrie Williams

Today, the Executive Vice President, Group President – Ame… of Hyatt Hotels Corp. (NYSE: H), Peter Sears, sold shares of H for $351.8K.

In addition to Peter Sears, 31 other H executives reported Sell trades in the last month. Following Peter Sears’ last H Sell transaction on March 18, 2016, the stock climbed by 5.4%.

Based on Hyatt Hotels Corp.’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.09 billion and quarterly net profit of $62 million. In comparison, last year the company earned revenue of $1.05 billion and had a net profit of $25 million. The company has a one year high of $54.82 and a one year low of $34.06. H’s market cap is $6.9B and the company has a P/E ratio of 35.59.

Five different firms, including Credit Suisse and Goldman Sachs, currently also have a Sell rating on the stock. Based on 7 analyst ratings, the analyst consensus is Hold with an average price target of $51.00, reflecting a 0.7% upside.

The insider sentiment on Hyatt Hotels Corp. has been negative according to 87 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

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; Southeast Asia, China, Australia, South Korea and Japan (ASPAC) Management and Franchising; Europe, Africa, the Middle East and Southwest (EAME/SW) Asia Management; and Corporate and Other. The Owned and Leased Hotels segment offers hospitality services and hotels in the United States. The Americas Management and Franchising segment consists of revenues from managed hotel property owners and franchisees. The ASPAC Management and Franchising segment includes hotel management and franchising licenses located in Asia. The EAME/SW Asia Management segment consists of resorts and hotel properties managed in Europe, Africa, India, Nepal, and the Middle East. The company was founded by Jay Pritzker in 1957 and is headquartered in Chicago, IL.