Hilton Worldwide Holdings Inc. (NYSE:HLT) Holdings Boosted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,597,137 shares of the company's stock after purchasing an additional 39,786 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.66% of Hilton Worldwide worth $394,748,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HLT. Farther Finance Advisors LLC raised its position in shares of Hilton Worldwide by 47.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,182 shares of the company's stock worth $273,000 after purchasing an additional 378 shares during the last quarter. Catalyst Capital Advisors LLC purchased a new position in Hilton Worldwide during the third quarter worth $46,000. Amalgamated Bank lifted its position in shares of Hilton Worldwide by 1.5% in the third quarter. Amalgamated Bank now owns 52,757 shares of the company's stock valued at $12,160,000 after acquiring an additional 770 shares in the last quarter. Marks Group Wealth Management Inc boosted its stake in shares of Hilton Worldwide by 8.0% during the third quarter. Marks Group Wealth Management Inc now owns 3,059 shares of the company's stock valued at $705,000 after acquiring an additional 226 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its position in Hilton Worldwide by 32.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 3,189 shares of the company's stock worth $735,000 after purchasing an additional 778 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

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Analyst Ratings Changes

HLT has been the topic of a number of recent research reports. Mizuho restated a "neutral" rating and issued a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Macquarie raised their target price 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. JPMorgan Chase & Co. boosted their price target on Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a report on Friday, December 13th. Barclays raised their price objective on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Finally, Jefferies Financial Group upped their target price on Hilton Worldwide from $237.00 to $277.00 and gave the company a "hold" rating in a research note on Thursday, January 2nd. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $250.61.

Hilton Worldwide Stock Down 1.5 %

Shares of Hilton Worldwide stock traded down $3.77 during trading hours on Friday, hitting $247.35. The company's stock had a trading volume of 2,219,291 shares, compared to its average volume of 1,522,541. The company has a market capitalization of $59.51 billion, a PE ratio of 40.22, a P/E/G ratio of 2.86 and a beta of 1.29. The business has a fifty day moving average of $255.04 and a 200 day moving average of $243.35. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating 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%. On average, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.24%. The ex-dividend date is Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is 9.76%.

Hilton Worldwide declared that its board has approved a share repurchase program on Thursday, November 14th that permits the company to buyback $3.50 billion in outstanding shares. This buyback authorization permits the company to buy up to 5.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Insider Activity

In other news, insider Christopher J. Nassetta sold 40,653 shares of the firm's 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 completion of the sale, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael W. Duffy sold 23,366 shares of the business's stock in a transaction dated 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 completion of the transaction, the insider now owns 22,833 shares in the company, valued at approximately $5,746,152.78. This trade represents a 50.58 % decrease in their position. The disclosure for this sale can be found here. 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.