Stevens Capital Management LP Takes Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Stevens Capital Management LP acquired a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,957 shares of the company's stock, valued at approximately $484,000.

Several other hedge funds also recently modified their holdings of HLT. Principal Financial Group Inc. increased its stake in Hilton Worldwide by 15.3% in the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after purchasing an additional 1,429,537 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Hilton Worldwide in the 3rd quarter valued at about $226,000. First Horizon Advisors Inc. raised its stake in Hilton Worldwide by 8.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 780 shares of the company's stock worth $180,000 after buying an additional 58 shares during the period. King Luther Capital Management Corp bought a new position in Hilton Worldwide in the third quarter worth approximately $200,000. Finally, Pacer Advisors Inc. grew its stake in Hilton Worldwide by 82.7% in the third quarter. Pacer Advisors Inc. now owns 35,630 shares of the company's stock valued at $8,213,000 after acquiring an additional 16,132 shares during the period. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

NYSE:HLT traded up $2.13 during trading hours on Tuesday, reaching $234.69. The stock had a trading volume of 1,882,893 shares, compared to its average volume of 1,530,122. Hilton Worldwide Holdings Inc. has a 12-month low of $193.86 and a 12-month high of $275.22. The stock has a 50 day simple moving average of $252.04 and a 200 day simple moving average of $244.61. The stock has a market cap of $56.47 billion, a P/E ratio of 38.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29.

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Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. On average, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Hilton Worldwide's dividend payout ratio is 9.76%.

Wall Street Analysts Forecast Growth

HLT has been the subject of several research reports. Jefferies Financial Group lifted their price target on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a "hold" rating in a research report on Thursday, January 2nd. Morgan Stanley upped their target price on shares of Hilton Worldwide from $265.00 to $274.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. Barclays lifted their price target on Hilton Worldwide from $270.00 to $287.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. The Goldman Sachs Group increased their price objective on Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research note on Tuesday, December 10th. Finally, Susquehanna lifted their target price on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of "Hold" and a consensus price target of $254.53.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction on Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the transaction, the insider now directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.50% of the company's stock.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing hotels and resorts. It operates through two segments, Management and Franchise, and Ownership. The company engages in the hotel management and licensing of its brands. It operates luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.