Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Fmr LLC

FMR LLC decreased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,099,238 shares of the company's stock after selling 116,153 shares during the period. FMR LLC owned 4.55% of Hilton Worldwide worth $2,743,288,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Noble Wealth Management PBC purchased a new stake in shares of Hilton Worldwide during the 4th quarter valued at $27,000. VSM Wealth Advisory LLC acquired a new stake in Hilton Worldwide in the fourth quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth about $34,000. Groupama Asset Managment increased its holdings in shares of Hilton Worldwide by 37.8% during the third quarter. Groupama Asset Managment now owns 15,025 shares of the company's stock valued at $35,000 after acquiring an additional 4,118 shares in the last quarter. Finally, Sierra Ocean LLC purchased a new position in shares of Hilton Worldwide in the 4th quarter valued at approximately $36,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Susquehanna upped their price target on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. upped their target price on Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Wells Fargo & Company lifted their price target on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. Mizuho reissued a "neutral" rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Finally, Macquarie lifted their target price on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Eleven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $251.50.

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Insider Activity at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction dated 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 sale, the insider now directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 2.50% of the stock is owned by corporate insiders.

Hilton Worldwide Price Performance

HLT stock traded up $1.76 during midday trading on Friday, hitting $211.68. 1,360,003 shares of the stock traded hands, compared to its average volume of 1,703,398. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The stock's fifty day simple moving average is $242.89 and its 200-day simple moving average is $244.31. The firm has a market cap of $50.72 billion, a P/E ratio of 34.19, a PEG ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating analysts' consensus estimates 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, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. Hilton Worldwide's dividend payout ratio (DPR) is 9.76%.

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.