Daiwa Securities Group Inc. Has $8.12 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Daiwa Securities Group Inc. increased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,865 shares of the company's stock after purchasing an additional 2,395 shares during the quarter. Daiwa Securities Group Inc.'s holdings in Hilton Worldwide were worth $8,123,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HLT. Principal Financial Group Inc. grew its holdings in shares of Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after acquiring an additional 1,429,537 shares in the last quarter. Ashton Thomas Securities LLC acquired a new stake in Hilton Worldwide during the third quarter valued at $38,000. Chartwell Investment Partners LLC grew its stake in Hilton Worldwide by 35.8% in the third quarter. Chartwell Investment Partners LLC now owns 28,756 shares of the company's stock valued at $6,628,000 after purchasing an additional 7,583 shares in the last quarter. Venturi Wealth Management LLC increased its position in Hilton Worldwide by 59.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 539 shares of the company's stock worth $124,000 after purchasing an additional 202 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in shares of Hilton Worldwide during the 3rd quarter worth about $226,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HLT has been the subject of several recent research reports. 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 research note on Friday, December 13th. The Goldman Sachs Group boosted their target price on shares of Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Jefferies Financial Group raised their price target on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a "hold" rating in a report on Thursday, January 2nd. Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. Finally, Macquarie increased 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. Twelve analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Hilton Worldwide has an average rating of "Hold" and a consensus price target of $250.61.

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Hilton Worldwide Trading Down 3.1 %

HLT opened at $231.38 on Wednesday. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The business has a 50 day moving average of $254.53 and a 200-day moving average of $243.81. The stock has a market capitalization of $55.67 billion, a price-to-earnings ratio of 37.62, a P/E/G ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly 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%. Equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.26%. Hilton Worldwide's dividend payout ratio (DPR) is 9.76%.

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

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Michael W. Duffy sold 23,366 shares of the stock in a transaction on Monday, December 16th. The shares were sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the completion of the transaction, the insider now owns 22,833 shares of the company's stock, valued at approximately $5,746,152.78. This represents a 50.58 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company's stock.

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.

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