Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Bought by Capital International Investors

Capital International Investors boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,225,495 shares of the company's stock after acquiring an additional 142,620 shares during the period. Capital International Investors owned 2.96% of Hilton Worldwide worth $1,786,151,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Norges Bank purchased a new position in Hilton Worldwide during the fourth quarter valued at $694,787,000. Principal Financial Group Inc. boosted its stake in Hilton Worldwide by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after purchasing an additional 1,429,537 shares in the last quarter. JPMorgan Chase & Co. grew its position in Hilton Worldwide by 13.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock valued at $1,952,314,000 after purchasing an additional 919,424 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Hilton Worldwide by 26.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock valued at $806,999,000 after purchasing an additional 685,023 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in Hilton Worldwide by 426.9% during the 4th quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock valued at $188,400,000 after purchasing an additional 617,604 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

HLT has been the topic of a number of research analyst reports. Jefferies Financial Group lowered their price target on Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating on the stock in a report on Wednesday, April 9th. Mizuho reaffirmed a "neutral" rating and set a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Morgan Stanley lowered 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 report on Tuesday. Susquehanna lifted their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Finally, Wells Fargo & Company increased their price target on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $243.75.

Hilton Worldwide Trading Up 2.5 %

Hilton Worldwide stock traded up $5.18 during midday trading on Wednesday, hitting $215.82. The stock had a trading volume of 1,110,436 shares, compared to its average volume of 1,725,238. Hilton Worldwide Holdings Inc. has a 52-week low of $194.71 and a 52-week high of $275.22. The company has a market capitalization of $51.71 billion, a PE ratio of 35.09, a P/E/G ratio of 2.86 and a beta of 1.19. The firm's fifty day moving average is $233.77 and its two-hundred day moving average is $243.12.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results 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%. As a group, equities research 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 disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.28%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's payout ratio is 9.76%.

Insider Activity at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the 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 transaction, the insider now owns 77,383 shares of the company's stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is currently owned by insiders.

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.