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

California State Teachers Retirement System trimmed its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 3.6% during the fourth quarter, according to its most recent Form 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.

Other hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new stake in shares of Hyatt Hotels during the fourth quarter worth about $77,136,000. Invesco Ltd. grew its stake in Hyatt Hotels by 241.4% during the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company's stock worth $106,677,000 after buying an additional 480,523 shares during the last quarter. Norges Bank purchased a new stake in Hyatt Hotels in the fourth quarter valued at approximately $61,572,000. Alyeska Investment Group L.P. purchased a new stake in Hyatt Hotels in the fourth quarter valued at approximately $43,953,000. Finally, Deutsche Bank AG grew its position in shares of Hyatt Hotels by 209.8% during the fourth quarter. Deutsche Bank AG now owns 255,563 shares of the company's stock worth $40,118,000 after acquiring an additional 173,075 shares during the last quarter. Institutional investors and hedge funds own 73.54% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on H shares. Wells Fargo & Company decreased their price objective on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. Robert W. Baird increased their price target on Hyatt Hotels from $142.00 to $146.00 and gave the stock a "neutral" rating in a report on Friday, May 30th. Barclays lifted their price objective on shares of Hyatt Hotels from $122.00 to $127.00 and gave the company an "equal weight" rating in a research report on Friday, May 2nd. Stifel Nicolaus cut their price objective on shares of Hyatt Hotels from $156.75 to $132.00 and set a "hold" rating for the company in a research report on Wednesday, April 16th. Finally, Susquehanna raised their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Hyatt Hotels currently has an average rating of "Hold" and a consensus target price of $149.72.

Hyatt Hotels Stock Down 1.3%

Shares of NYSE:H traded down $1.78 during trading on Wednesday, reaching $131.05. 614,766 shares of the company traded hands, compared to its average volume of 708,191. The firm has a fifty day simple moving average of $120.63 and a 200 day simple moving average of $139.38. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a 1-year low of $102.43 and a 1-year high of $168.20. The firm has a market cap of $12.51 billion, a P/E ratio of 10.53 and a beta of 1.42.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.16. The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter last year, the firm earned $0.71 earnings per share. Analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.46%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels's payout ratio is presently 7.79%.

Insiders Place Their Bets

In related news, insider Jnp 2010-Pg Trust sold 266,793 shares of the stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of $132.75, for a total transaction of $35,416,770.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Mark R. Vondrasek sold 10,000 shares of the company's stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $1,168,000.00. Following the transaction, the insider now owns 9,337 shares of the company's stock, valued at approximately $1,090,561.60. This trade represents a 51.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 375,620 shares of company stock valued at $49,694,255 over the last three months. 23.70% of the stock is currently owned by insiders.

Hyatt Hotels Company 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.