Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 26.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,998 shares of the company's stock after selling 4,646 shares during the period. Crossmark Global Holdings Inc.'s holdings in Hilton Worldwide were worth $2,996,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Quadrature Capital Ltd bought a new position in shares of Hilton Worldwide in the first quarter worth approximately $2,792,000. CANADA LIFE ASSURANCE Co lifted its stake in shares of Hilton Worldwide by 3.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 137,675 shares of the company's stock valued at $29,375,000 after purchasing an additional 4,677 shares during the last quarter. PGGM Investments boosted its stake in Hilton Worldwide by 337.6% during the second quarter. PGGM Investments now owns 14,378 shares of the company's stock worth $3,137,000 after buying an additional 11,092 shares during the period. UniSuper Management Pty Ltd grew its holdings in Hilton Worldwide by 234.4% during the 1st quarter. UniSuper Management Pty Ltd now owns 7,986 shares of the company's stock valued at $1,703,000 after purchasing an additional 5,598 shares during the last quarter. Finally, HBK Sorce Advisory LLC purchased a new stake in shares of Hilton Worldwide in the first quarter worth approximately $512,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hilton Worldwide

In related news, insider Michael W. Duffy sold 14,357 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $235.73, for a total transaction of $3,384,375.61. Following the sale, the insider now owns 22,833 shares of the company's stock, valued at $5,382,423.09. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Laura Fuentes sold 4,919 shares of the firm's stock in a transaction on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the sale, the insider now owns 15,949 shares in the company, valued at $3,460,933. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael W. Duffy sold 14,357 shares of the company's stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total value of $3,384,375.61. Following the completion of the transaction, the insider now owns 22,833 shares of the company's stock, valued at $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.50% of the company's stock.

Hilton Worldwide Trading Down 0.2 %

Shares of NYSE:HLT traded down $0.61 during trading on Tuesday, hitting $249.75. 247,534 shares of the stock were exchanged, compared to its average volume of 1,556,528. Hilton Worldwide Holdings Inc. has a 12-month low of $161.09 and a 12-month high of $252.35. The company has a market cap of $60.88 billion, a PE ratio of 53.73, a P/E/G ratio of 3.11 and a beta of 1.30. The company has a fifty day moving average price of $230.71 and a two-hundred day moving average price of $217.34.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.85 by $0.07. The company had revenue of $2.87 billion during the quarter, compared to analysts' expectations of $2.90 billion. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.67 earnings per share. Equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.24%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide's payout ratio is 12.88%.

Analyst Upgrades and Downgrades

HLT has been the subject of several research analyst reports. TD Cowen decreased their price target on shares of Hilton Worldwide from $265.00 to $256.00 and set a "buy" rating for the company in a research note on Thursday, October 24th. Melius downgraded Hilton Worldwide from a "buy" rating to a "hold" rating in a research report on Monday, October 21st. Evercore ISI lifted their target price on shares of Hilton Worldwide from $210.00 to $240.00 and gave the stock an "in-line" rating in a research note on Monday, October 21st. Deutsche Bank Aktiengesellschaft cut their price target on shares of Hilton Worldwide from $185.00 to $181.00 and set a "hold" rating on the stock in a research note on Thursday, August 8th. Finally, Truist Financial lifted their price objective on shares of Hilton Worldwide from $208.00 to $220.00 and gave the stock a "hold" rating in a research note on Thursday, October 24th. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $228.71.

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.