New York State Common Retirement Fund Has $19.35 Million Stock Holdings in Hyatt Hotels Co. (NYSE:H)

New York State Common Retirement Fund trimmed its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 33.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,145 shares of the company's stock after selling 64,995 shares during the quarter. New York State Common Retirement Fund owned 0.13% of Hyatt Hotels worth $19,351,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of H. O Shaughnessy Asset Management LLC boosted its holdings in shares of Hyatt Hotels by 1.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 6,527 shares of the company's stock worth $1,042,000 after acquiring an additional 70 shares in the last quarter. PFG Investments LLC raised its stake in shares of Hyatt Hotels by 1.5% in the third quarter. PFG Investments LLC now owns 4,846 shares of the company's stock worth $738,000 after acquiring an additional 70 shares during the last quarter. Red Spruce Capital LLC grew its stake in shares of Hyatt Hotels by 0.7% during the second quarter. Red Spruce Capital LLC now owns 13,994 shares of the company's stock valued at $2,126,000 after purchasing an additional 92 shares during the last quarter. Hunter Associates Investment Management LLC increased its holdings in shares of Hyatt Hotels by 0.6% in the third quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company's stock valued at $2,601,000 after purchasing an additional 95 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its position in Hyatt Hotels by 0.8% in the 2nd quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the company's stock worth $1,945,000 after purchasing an additional 100 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors.

Insider Activity at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company's stock in a transaction dated Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the transaction, the insider now directly owns 623,556 shares in the company, valued at approximately $93,389,982.12. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 23.50% of the stock is currently owned by corporate insiders.

Hyatt Hotels Stock Performance

Shares of H traded up $0.01 during midday trading on Tuesday, reaching $143.08. The stock had a trading volume of 815,150 shares, compared to its average volume of 588,610. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The firm has a 50 day simple moving average of $150.85 and a 200-day simple moving average of $148.89. The firm has a market cap of $14.35 billion, a PE ratio of 10.87 and a beta of 1.50. Hyatt Hotels Co. has a one year low of $102.62 and a one year high of $162.24.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same period in the previous year, the firm earned $0.70 EPS. As a group, sell-side analysts anticipate that Hyatt Hotels Co. will post 3.87 EPS for the current year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 annualized dividend and a yield of 0.42%. Hyatt Hotels's payout ratio is currently 4.52%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Hsbc Global Res raised Hyatt Hotels to a "hold" rating in a report on Friday. Morgan Stanley cut their price objective on shares of Hyatt Hotels from $161.00 to $153.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 7th. Sanford C. Bernstein lowered their target price on shares of Hyatt Hotels from $185.00 to $178.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. Wells Fargo & Company dropped their target price on shares of Hyatt Hotels from $178.00 to $172.00 and set an "overweight" rating for the company in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Hyatt Hotels from $120.00 to $127.00 and gave the stock a "hold" rating in a research report on Friday. Fifteen investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $151.57.

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.