Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.9% during 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 114,387 shares of the company's stock after purchasing an additional 5,345 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Hilton Worldwide were worth $28,590,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in HLT. GHP Investment Advisors Inc. acquired a new stake in Hilton Worldwide in the third quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Hilton Worldwide in the fourth quarter worth about $34,000. Groupama Asset Managment boosted its holdings in Hilton Worldwide by 37.8% in the third quarter. Groupama Asset Managment now owns 15,025 shares of the company's stock worth $35,000 after acquiring an additional 4,118 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Hilton Worldwide in the third quarter worth about $38,000. Finally, True Wealth Design LLC boosted its holdings in Hilton Worldwide by 2,400.0% in the third quarter. True Wealth Design LLC now owns 175 shares of the company's stock worth $40,000 after acquiring an additional 168 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on HLT shares. Barclays raised their price target on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Macquarie raised their price target on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Melius downgraded Hilton Worldwide from a "buy" rating to a "hold" rating in a report on Monday, October 21st. Wells Fargo & Company lifted their target price on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Finally, JPMorgan Chase & Co. lifted their target price on Hilton Worldwide from $219.00 to $226.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. Twelve equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $246.61.

Hilton Worldwide Stock Up 0.9 %

Shares of Hilton Worldwide stock traded up $2.36 on Tuesday, reaching $268.23. The company's stock had a trading volume of 743,403 shares, compared to its average volume of 1,497,761. The company has a market capitalization of $65.39 billion, a P/E ratio of 43.58, a PEG ratio of 2.85 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 52-week low of $193.86 and a 52-week high of $275.22. The stock has a 50-day moving average price of $252.48 and a 200-day moving average price of $238.38.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 57.01% and a net margin of 13.74%. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.76 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date 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 outstanding shares. This buyback authorization authorizes the company to reacquire up to 5.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Insider Activity

In other news, insider Michael W. Duffy sold 23,366 shares of Hilton Worldwide stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $251.66, for a total value of $5,880,287.56. Following the sale, the insider now directly owns 22,833 shares of the company's stock, valued at $5,746,152.78. The trade was a 50.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction that occurred 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 sale, the insider now directly owns 77,383 shares in the company, valued at $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. Company insiders own 2.50% of the company's stock.

Hilton Worldwide Company 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.