Hyatt Hotels Corp (H) Files Form 4 Insider Buying : Patrick J Grismer Buys 25,000 Shares

Hyatt Hotels Corp (H): Patrick J Grismer , officer of Hyatt Hotels Corp purchased 25,000 shares on May 6, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $48.98 per share for a total value of $1,224,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 12, 2016, Robert W.k. Webb (officer ) sold 2,300 shares at $47.81 per share price.

Shares of Hyatt Hotels Corporation (H) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.19 points or -0.39% at $48.75 with 4,68,359 shares getting traded. Post opening the session at $48.66, the shares hit an intraday low of $48.56 and an intraday high of $49.45 and the price vacillated in this range throughout the day. The company has a market cap of $6,551 M and the number of outstanding shares has been calculated to be 13,43,71,740 shares. The 52-week high of Hyatt Hotels Corporation is $59.99 and the 52-week low is $34.06.

Hyatt Hotels Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Hyatt Hotels Corporation is Reiterated by Telsey Advisory Group to Market Perform and the brokerage firm has raised the Price Target to $ 50 from a previous price target of $49 .The Rating was issued on May 4, 2016.Hyatt Hotels Corporation is Reiterated by Stifel to Buy and the brokerage firm has raised the Price Target to $ 55 from a previous price target of $50 .The Rating was issued on May 4, 2016.Hyatt Hotels Corporation is Reiterated by MKM Partners to Sell and the brokerage firm has raised the Price Target to $ 44 from a previous price target of $39 .The Rating was issued on May 4, 2016.Hyatt Hotels Corporation is Downgraded by Sun Trust Rbsn Humphrey to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 18, 2016.Hyatt Hotels Corporation is Downgraded by Morgan Stanley to Equal-Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Mar 17, 2016.

Hyatt Hotels Corporation is a hospitality company. The Company develops owns operates manages franchises licenses or provides services to a portfolio of properties consisting of full service hotels select service hotels resorts and other properties including timeshare fractional and other forms of residential and vacation properties. The Company’s portfolio consists of approximately 587 properties (155265 rooms and units). The Company’s service hotels and resorts operate under five brands which include Park Hyatt Andaz Hyatt Grand Hyatt and Hyatt Regency. The Company’s two select service brands are Hyatt Place and Hyatt House. The Company has four operating segments: Owned and Leased Hotels; Americas management and franchising; Southeast Asia China Australia South Korea and Japan (ASPAC) management and franchising and Europe Africa the Middle East and Southwest Asia (EAME/SW Asia) management.

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