Capital International Inc. CA Sells 2,573 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Capital International Inc. CA cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,715 shares of the company's stock after selling 2,573 shares during the period. Capital International Inc. CA owned about 0.06% of Hilton Worldwide worth $35,026,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HLT. Noble Wealth Management PBC bought a new position in Hilton Worldwide during the 4th quarter worth $27,000. VSM Wealth Advisory LLC bought a new position in shares of Hilton Worldwide during the fourth quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Hilton Worldwide in the fourth quarter worth approximately $34,000. Sierra Ocean LLC bought a new stake in Hilton Worldwide in the fourth quarter valued at approximately $36,000. Finally, Hopwood Financial Services Inc. bought a new position in Hilton Worldwide during the 4th quarter worth approximately $41,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the sale, the insider now owns 77,383 shares of the company's stock, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Trading Up 1.8 %

NYSE HLT traded up $3.93 during trading hours on Thursday, hitting $219.29. The company's stock had a trading volume of 1,077,639 shares, compared to its average volume of 1,725,284. The company has a market capitalization of $52.54 billion, a PE ratio of 35.67, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The company's 50-day simple moving average is $232.77 and its two-hundred day simple moving average is $242.93.

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

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.76%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on HLT shares. Morgan Stanley reduced their price objective on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday. 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. Raymond James raised their target price on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Susquehanna boosted their price target on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Finally, Macquarie raised their price objective on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $243.75.

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.