Hilton Worldwide Holdings Inc. (NYSE:HLT) Stock Holdings Increased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 21.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,983,220 shares of the company's stock after acquiring an additional 350,748 shares during the quarter. Hilton Worldwide comprises 1.6% of Grantham Mayo Van Otterloo & Co. LLC's portfolio, making the stock its 23rd biggest position. Grantham Mayo Van Otterloo & Co. LLC owned about 0.81% of Hilton Worldwide worth $490,173,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Principal Financial Group Inc. lifted 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. Benjamin Edwards Inc. acquired a new position in shares of Hilton Worldwide during the third quarter worth about $578,000. Centiva Capital LP acquired a new stake in shares of Hilton Worldwide in the third quarter valued at about $740,000. Morse Asset Management Inc raised its holdings in shares of Hilton Worldwide by 3.9% during the 3rd quarter. Morse Asset Management Inc now owns 2,675 shares of the company's stock valued at $617,000 after buying an additional 100 shares during the period. Finally, Quarry LP lifted its position in Hilton Worldwide by 230.7% during the 3rd quarter. Quarry LP now owns 2,335 shares of the company's stock worth $538,000 after acquiring an additional 1,629 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction on 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 transaction, the insider now directly owns 77,383 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Corporate insiders own 2.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on HLT shares. Truist Financial lowered their price objective on shares of Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating for the company in a research report on Friday, March 21st. Jefferies Financial Group cut their price objective on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating on the stock in a report on Wednesday. Barclays raised their target price on Hilton Worldwide from $270.00 to $287.00 and gave the company an "overweight" rating in a research note on Friday, February 7th. Susquehanna increased their price target on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Finally, Wells Fargo & Company lifted their price objective on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. 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, the stock presently has a consensus rating of "Hold" and a consensus target price of $251.50.

Hilton Worldwide Price Performance

Shares of NYSE:HLT traded down $9.77 during trading on Thursday, reaching $208.88. 1,585,967 shares of the company's stock traded hands, compared to its average volume of 1,696,594. The stock has a market capitalization of $50.05 billion, a P/E ratio of 34.01, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 12 month low of $193.86 and a 12 month high of $275.22. The company has a 50 day moving average of $243.83 and a 200-day moving average of $244.44.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping 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%. Equities research analysts predict 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 declared 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 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%.

About Hilton Worldwide

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.