Hyatt Hotels (H)

• Market cap: $15.5B
• 1 day: -3.06%
• 5 days: -2.11%
• 1 month: 0.90%
• 3 months: 7.43%
• 6 months: 2.50%
• Year to date: 17.66%
• 1 year: 35.95%
• 5 years: 96.18%
• 10 years: 163.69%
• Sector: Consumer Discretionary
• Industry: Hotels & Motels

About: Hyatt is an operator of owned (4% of total rooms) and managed and franchised (96%) properties across around 20 upscale luxury brands, which includes vacation brands (Apple Leisure Group, Hyatt Ziva, and Hyatt Zilara), the recently launched full-service lifestyle brand Hyatt Centric, the soft lifestyle brand Unbound, the wellness brand Miraval, and the midscale extended-stay brand Studios. Hyatt acquired Two Roads Hospitality in 2018 and Apple Leisure Group in 2021. The regional exposure as a percentage of total rooms is 54% Americas, 22% rest of world, and 23% Asia-Pacific.

Employees: 51,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]

2% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 58

0% more funds holding

Funds holding: 419 [Q2] → 420 (+1) [Q3]

1% less repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 145

7% less capital invested

Capital invested by funds: $7.33B [Q2] → $6.81B (-$517M) [Q3]

7.18% less ownership

Funds ownership: 106.9% [Q2] → 99.71% (-7.18%) [Q3]

61% less call options, than puts

Call options by funds: $32.6M | Put options by funds: $84M

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $127 17% downside
• Avg. target: $162 6% upside
• High target: $198 29% upside

16 analyst ratings

• positive: 8 50%
• neutral: 8 50%
• negative: 0 0%

Mizuho Ben Chaiken 65% 1-year accuracy 36 / 55 met price target	29% upside $198	Outperform Maintained	4 Nov 2024
Baird Michael Bellisario 93% 1-year accuracy 14 / 15 met price target	3% upside $158	Neutral Maintained	4 Nov 2024
Wells Fargo Daniel Politzer 62% 1-year accuracy 33 / 53 met price target	12% upside $172	Overweight Maintained	1 Nov 2024
Barclays Brandt Montour 60% 1-year accuracy 44 / 73 met price target	6% downside $144	Equal-Weight Maintained	1 Nov 2024
Deutsche Bank Carlo Santarelli 60% 1-year accuracy 6 / 10 met price target	17% downside $127	Hold Maintained	1 Nov 2024