Argentarii LLC Makes New $1.31 Million Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Argentarii LLC purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,304 shares of the company's stock, valued at approximately $1,311,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Noble Wealth Management PBC purchased a new position in shares of Hilton Worldwide in the 4th quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Hilton Worldwide in the fourth quarter valued at about $34,000. Groupama Asset Managment grew its position in shares of Hilton Worldwide by 37.8% during the 3rd quarter. Groupama Asset Managment now owns 15,025 shares of the company's stock valued at $35,000 after acquiring an additional 4,118 shares during the period. Sierra Ocean LLC purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth approximately $36,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of Hilton Worldwide in the 3rd quarter worth approximately $38,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Down 2.5 %

NYSE:HLT traded down $5.80 during mid-day trading on Thursday, reaching $222.60. The company's stock had a trading volume of 4,307,958 shares, compared to its average volume of 1,714,497. The stock has a market cap of $53.56 billion, a P/E ratio of 36.20, a PEG ratio of 2.86 and a beta of 1.29. The firm's fifty day moving average price is $254.16 and its two-hundred day moving average price is $243.70. Hilton Worldwide Holdings Inc. has a 12-month low of $193.86 and a 12-month high of $275.22.

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Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. Analysts predict 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Friday, February 21st. Hilton Worldwide's dividend payout ratio is 9.76%.

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

Wall Street Analysts Forecast Growth

HLT has been the topic of a number of research reports. Mizuho restated a "neutral" rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Susquehanna increased their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Raymond James boosted their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. Barclays raised their target price on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Finally, Macquarie upped their price target on Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Twelve equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $250.61.

Insiders Place Their Bets

In related news, insider Michael W. Duffy sold 23,366 shares of the business's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the completion of the sale, the insider now directly owns 22,833 shares in the company, valued at approximately $5,746,152.78. The trade was a 50.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Christopher J. Nassetta sold 40,653 shares of the firm's 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. This represents a 34.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 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.