Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Aviva PLC

Aviva PLC lessened its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 24.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 235,189 shares of the company's stock after selling 74,464 shares during the quarter. Aviva PLC owned about 0.10% of Hilton Worldwide worth $58,129,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Noble Wealth Management PBC purchased a new position in shares of Hilton Worldwide in the fourth quarter valued at $27,000. VSM Wealth Advisory LLC purchased a new position in shares of Hilton Worldwide in the 4th quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Hilton Worldwide in the 4th quarter worth about $34,000. Groupama Asset Managment lifted its holdings in shares of Hilton Worldwide by 37.8% in 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 last quarter. Finally, Sierra Ocean LLC purchased a new position in Hilton Worldwide in the fourth quarter worth about $36,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HLT has been the topic of a number of recent research reports. Mizuho restated a "neutral" rating and set a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Susquehanna increased their price target on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Barclays boosted their price objective on shares of Hilton Worldwide from $270.00 to $287.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. JPMorgan Chase & Co. raised their target price on shares of Hilton Worldwide from $219.00 to $226.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. Finally, Wells Fargo & Company upped their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Eleven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $251.50.

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Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the company's stock in a transaction dated 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 transaction, the insider now 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 transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.50% of the company's stock.

Hilton Worldwide Trading Down 0.6 %

Shares of Hilton Worldwide stock traded down $1.30 during trading on Friday, hitting $208.62. 854,143 shares of the stock traded hands, compared to its average volume of 1,701,737. Hilton Worldwide Holdings Inc. has a 52-week low of $193.86 and a 52-week high of $275.22. The stock's fifty day simple moving average is $242.89 and its 200 day simple moving average is $244.31. The firm has a market cap of $49.99 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

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

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. Hilton Worldwide's payout ratio is 9.76%.

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.