Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 564 Shares of Hyatt Hotels Co. (NYSE:H)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its stake in Hyatt Hotels Co. (NYSE:H) by 5.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares in the last quarter. UMB Bank n.a. lifted its position in Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after acquiring an additional 104 shares during the period. iA Global Asset Management Inc. bought a new stake in Hyatt Hotels during the third quarter worth about $51,000. Venturi Wealth Management LLC grew its holdings in Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after purchasing an additional 300 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after purchasing an additional 113 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Stifel Nicolaus upped their price target on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research note on Tuesday, November 26th. Barclays reduced their price target on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a report on Friday, February 14th. The Goldman Sachs Group dropped their price target on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating on the stock in a research note on Thursday, March 6th. Morgan Stanley reduced their price objective on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 4th. Finally, Evercore ISI upgraded shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 target price on the stock in a research note on Wednesday, March 5th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $161.97.

Hyatt Hotels Price Performance

NYSE:H opened at $125.57 on Wednesday. The company has a market capitalization of $12.07 billion, a P/E ratio of 10.09 and a beta of 1.51. Hyatt Hotels Co. has a 12 month low of $116.13 and a 12 month high of $168.20. The business’s 50-day moving average is $144.28 and its 200 day moving average is $150.73. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter last year, the business earned $0.64 EPS. On average, equities research 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 disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.48%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

Insider Activity

In related news, insider Kinsey Wolf sold 1,000 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total value of $122,950.00. Following the sale, the insider now directly owns 811 shares of the company’s stock, valued at $99,712.45. This represents a 55.22 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available 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 shares were sold at an average price of $116.80, for a total value of $1,168,000.00. Following the transaction, the insider now directly owns 9,337 shares in the company, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,600 shares of company stock valued at $1,517,798 in the last ninety days. Insiders own 23.50% of the company’s stock.

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.