Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Clearbridge Investments LLC

Clearbridge Investments LLC boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 22.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,127 shares of the company's stock after buying an additional 5,523 shares during the quarter. Clearbridge Investments LLC's holdings in Hilton Worldwide were worth $7,446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC raised its stake in shares of Hilton Worldwide by 14.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 5,119 shares of the company's stock valued at $1,245,000 after acquiring an additional 640 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Hilton Worldwide by 4.1% in the 4th quarter. Schroder Investment Management Group now owns 221,494 shares of the company's stock valued at $54,975,000 after buying an additional 8,682 shares during the period. Arrowstreet Capital Limited Partnership grew its position in shares of Hilton Worldwide by 26.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock worth $806,999,000 after buying an additional 685,023 shares in the last quarter. Allianz SE purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth approximately $974,000. Finally, Allstate Corp acquired a new stake in Hilton Worldwide in the fourth quarter valued at approximately $1,787,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

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Insider Activity at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction dated 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 completion of the transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.50% of the company's stock.

Hilton Worldwide Trading Down 2.5 %

Shares of Hilton Worldwide stock traded down $5.30 during trading hours on Monday, hitting $203.55. 5,910,381 shares of the company were exchanged, compared to its average volume of 1,661,909. The business has a 50-day moving average of $247.47 and a 200-day moving average of $245.14. Hilton Worldwide Holdings Inc. has a 1 year low of $193.86 and a 1 year high of $275.22. The stock has a market capitalization of $48.77 billion, a price-to-earnings ratio of 33.10, a P/E/G ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating 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%. As a group, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal 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 issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.29%. Hilton Worldwide's dividend payout ratio is currently 9.76%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HLT shares. JPMorgan Chase & Co. increased their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Macquarie upped their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research report on Friday, February 7th. Morgan Stanley raised their target price on Hilton Worldwide from $265.00 to $274.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. The Goldman Sachs Group increased their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Finally, Susquehanna upped their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Hilton Worldwide currently has a consensus rating of "Hold" and an average target price of $254.56.

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.