Hyatt Hotels (H)

• Market cap: $15B
• 1 day: 0.66%
• 5 days: 3.99%
• 1 month: -1.05%
• 3 months: 2.21%
• 6 months: -0.74%
• Year to date: -0.20%
• 1 year: 22.12%
• 5 years: 76.88%
• 10 years: 176.68%
• 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)

38% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 45

33% more funds holding in top 10

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

2% more funds holding

Funds holding: 419 [Q2] → 428 (+9) [Q3]

3% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 148

7% less capital invested

Capital invested by funds: $7.37B [Q2] → $6.88B (-$484M) [Q3]

6.75% less ownership

Funds ownership: 107.44% [Q2] → 100.69% (-6.75%) [Q3]

61% less call options, than puts

Call options by funds: $32.6M | Put options by funds: $84.8M

Research analyst outlook

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

• Low target: $127 19% downside
• Avg. target: $163 5% upside
• High target: $198 27% upside

15 analyst ratings

• positive: 6 40%
• neutral: 9 60%
• negative: 0 0%

Jefferies David Katz 50% 1-year accuracy 11 / 22 met price target	13% upside $176	Hold Maintained	2 Jan 2025
Barclays Brandt Montour 45% 1-year accuracy 37 / 83 met price target	3% upside $161	Equal-Weight Maintained	13 Dec 2024
JP Morgan Joseph Greff 28% 1-year accuracy 8 / 29 met price target	8% upside $168	Overweight Maintained	13 Dec 2024
Goldman Sachs Lizzie Dove 56% 1-year accuracy 14 / 25 met price target	7% upside $167	Neutral Maintained	10 Dec 2024
Stifel Simon Yarmak 47% 1-year accuracy 17 / 36 met price target	1% upside $158	Hold Maintained	26 Nov 2024