Advyzon Investment Management LLC Takes $329,000 Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Advyzon Investment Management LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,330 shares of the company's stock, valued at approximately $329,000.

A number of other large investors have also recently made changes to their positions in the company. FMR LLC boosted its stake in shares of Hilton Worldwide by 2.1% during the 3rd quarter. FMR LLC now owns 11,215,391 shares of the company's stock worth $2,585,148,000 after purchasing an additional 226,223 shares during the period. Principal Financial Group Inc. boosted its position in Hilton Worldwide by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after buying an additional 1,429,537 shares during the period. Franklin Resources Inc. boosted its position in Hilton Worldwide by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock valued at $1,012,069,000 after buying an additional 121,900 shares during the period. Jennison Associates LLC boosted its position in Hilton Worldwide by 5.1% in the 4th quarter. Jennison Associates LLC now owns 3,399,270 shares of the company's stock valued at $840,164,000 after buying an additional 164,461 shares during the period. Finally, Stockbridge Partners LLC boosted its position in Hilton Worldwide by 63.6% in the 3rd quarter. Stockbridge Partners LLC now owns 1,544,399 shares of the company's stock valued at $355,984,000 after buying an additional 600,593 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Trading Down 3.2 %

Shares of HLT stock traded down $8.51 during trading hours on Friday, hitting $259.31. The company's stock had a trading volume of 1,797,425 shares, compared to its average volume of 1,550,284. The company has a 50 day moving average of $253.40 and a 200 day moving average of $239.87. The stock has a market cap of $62.39 billion, a PE ratio of 42.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 12-month low of $193.86 and a 12-month high of $275.22.

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

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.76%.

Hilton Worldwide declared that its board has authorized a share buyback program on Thursday, November 14th that authorizes the company to buyback $3.50 billion in shares. This buyback authorization authorizes the company to purchase up to 5.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board believes its stock is undervalued.

Analyst Ratings Changes

HLT has been the subject of several research reports. The Goldman Sachs Group boosted their price objective on shares of Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a research report on Tuesday, December 10th. Mizuho reissued a "neutral" rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. JPMorgan Chase & Co. boosted their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Macquarie boosted their price target on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Finally, Raymond James boosted their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Twelve analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $246.61.

Insider Buying and Selling

In related news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the sale, the insider now directly owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Michael W. Duffy sold 23,366 shares of the company's stock in a transaction on Monday, December 16th. The stock was sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now owns 22,833 shares of the company's stock, valued at $5,746,152.78. This represents a 50.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by insiders.

About Hilton Worldwide

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.