California State Teachers Retirement System Has $8.43 Million Stake in Hyatt Hotels Co. (NYSE:H)

California State Teachers Retirement System decreased its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 3.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 53,713 shares of the company's stock after selling 2,022 shares during the period. California State Teachers Retirement System owned about 0.06% of Hyatt Hotels worth $8,432,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in H. Townsquare Capital LLC increased its stake in Hyatt Hotels by 3.4% in the 4th quarter. Townsquare Capital LLC now owns 2,801 shares of the company's stock valued at $440,000 after buying an additional 92 shares during the period. Kensington Investment Counsel LLC increased its stake in shares of Hyatt Hotels by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 13,604 shares of the company's stock worth $2,136,000 after acquiring an additional 95 shares during the last quarter. Bridges Investment Management Inc. boosted its position in Hyatt Hotels by 2.3% during the fourth quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company's stock valued at $681,000 after purchasing an additional 99 shares during the last quarter. Arizona State Retirement System grew its stake in Hyatt Hotels by 0.9% in the fourth quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock valued at $2,049,000 after purchasing an additional 110 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Hyatt Hotels by 31.9% during the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company's stock worth $73,000 after purchasing an additional 113 shares in the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, insider Jnp 2010-Pg Trust sold 266,793 shares of the company's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total value of $35,416,770.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kinsey Wolf sold 1,000 shares of the firm's stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the transaction, the insider now owns 811 shares in the company, valued at approximately $99,712.45. This trade represents a 55.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 375,620 shares of company stock valued at $49,694,255 in the last 90 days. 23.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on H. Jefferies Financial Group reduced their price objective on shares of Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Truist Financial lowered their price objective on Hyatt Hotels from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Friday. Robert W. Baird upped their target price on Hyatt Hotels from $142.00 to $146.00 and gave the stock a "neutral" rating in a research report on Friday. Wells Fargo & Company reduced their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Finally, The Goldman Sachs Group raised their price target on Hyatt Hotels from $110.00 to $123.00 and gave the company a "sell" rating in a research report on Friday, May 2nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $149.72.

Hyatt Hotels Price Performance

NYSE H traded up $2.50 during trading on Tuesday, reaching $133.01. 930,238 shares of the company traded hands, compared to its average volume of 934,654. The stock's 50 day moving average price is $120.27 and its two-hundred day moving average price is $139.48. Hyatt Hotels Co. has a 1-year low of $102.43 and a 1-year high of $168.20. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 10.69 and a beta of 1.42. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.16. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.68 billion during the quarter, compared to analysts' expectations of $1.71 billion. During the same quarter in the previous year, the company posted $0.71 earnings per share. As a group, analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be issued a $0.15 dividend. The ex-dividend date is Thursday, May 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.45%. Hyatt Hotels's dividend payout ratio is 7.79%.

About Hyatt Hotels

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.