4,416 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Bought by Caisse Des Depots ET Consignations

Caisse Des Depots ET Consignations purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,416 shares of the company's stock, valued at approximately $1,091,000.

Other institutional investors also recently made changes to their positions in the company. Palumbo Wealth Management LLC raised its holdings in Hilton Worldwide by 2.0% during the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock worth $528,000 after purchasing an additional 41 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Hilton Worldwide by 1.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock worth $799,000 after buying an additional 43 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Hilton Worldwide by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company's stock valued at $92,000 after buying an additional 48 shares during the period. Arkadios Wealth Advisors boosted its stake in Hilton Worldwide by 2.8% during the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock valued at $444,000 after buying an additional 49 shares in the last quarter. Finally, Angeles Wealth Management LLC grew its holdings in Hilton Worldwide by 3.7% during the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after acquiring an additional 51 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction dated Friday, February 7th. The stock was 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 of the company's stock, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.50% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on HLT. Raymond James raised their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. The Goldman Sachs Group lifted their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Jefferies Financial Group increased their price objective on Hilton Worldwide from $237.00 to $277.00 and gave the company a "hold" rating in a research report on Thursday, January 2nd. Barclays lifted their target price on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Finally, Mizuho reiterated a "neutral" rating and issued a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Eleven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $254.53.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT traded up $0.19 during midday trading on Tuesday, hitting $227.74. 630,700 shares of the stock were exchanged, compared to its average volume of 1,816,280. The company has a market capitalization of $54.57 billion, a PE ratio of 36.98, a P/E/G ratio of 2.86 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 business's fifty day simple moving average is $250.55 and its two-hundred day simple moving average is $245.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping 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%. As a group, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide's dividend payout ratio (DPR) is 9.76%.

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.