Commonwealth of Pennsylvania Public School Empls Retrmt SYS Decreases Position in Hyatt Hotels Co. (NYSE:H)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its position in Hyatt Hotels Co. (NYSE:H) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,340 shares of the company’s stock after selling 564 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hyatt Hotels were worth $1,466,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of H. Quest Partners LLC boosted its position in Hyatt Hotels by 1,073.2% during the third quarter. Quest Partners LLC now owns 1,443 shares of the company’s stock worth $220,000 after purchasing an additional 1,320 shares during the period. Advisors Asset Management Inc. boosted its holdings in Hyatt Hotels by 6.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 4,070 shares of the company’s stock worth $619,000 after buying an additional 260 shares during the period. Daiwa Securities Group Inc. grew its stake in Hyatt Hotels by 12.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 3,500 shares of the company’s stock valued at $533,000 after buying an additional 400 shares in the last quarter. Loomis Sayles & Co. L P raised its holdings in Hyatt Hotels by 26.5% during the 3rd quarter. Loomis Sayles & Co. L P now owns 3,116 shares of the company’s stock valued at $474,000 after acquiring an additional 653 shares during the period. Finally, Quantbot Technologies LP lifted its position in shares of Hyatt Hotels by 160.6% during the third quarter. Quantbot Technologies LP now owns 35,933 shares of the company’s stock worth $5,469,000 after acquiring an additional 22,147 shares in the last quarter. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels Stock Up 1.5 %

Shares of H opened at $125.57 on Wednesday. The firm has a market cap of $12.07 billion, a P/E ratio of 10.09 and a beta of 1.51. Hyatt Hotels Co. has a 1 year low of $116.13 and a 1 year high of $168.20. The stock has a 50 day simple moving average of $144.28 and a two-hundred day simple moving average of $150.73. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the prior year, the business posted $0.64 EPS. On average, analysts forecast that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

Analysts Set New Price Targets

A number of research firms recently issued reports on H. Morgan Stanley decreased their price objective on Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 4th. Jefferies Financial Group increased their price target on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Robert W. Baird reduced their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. Wells Fargo & Company decreased their target price on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Finally, Evercore ISI raised shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target for the company in a report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $161.97.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark R. Vondrasek sold 10,000 shares of the stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the sale, the insider now owns 9,337 shares of the company’s stock, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 12,600 shares of company stock worth $1,517,798 in the last ninety days. 23.50% of the stock is owned by company insiders.

Hyatt Hotels Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.