Haven Capital Group Inc. Purchases New Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Haven Capital Group Inc. purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 12,717 shares of the company's stock, valued at approximately $3,143,000. Hilton Worldwide comprises 3.0% of Haven Capital Group Inc.'s portfolio, making the stock its 14th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of Hilton Worldwide by 15.3% during the third 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 during the period. Jennison Associates LLC grew its holdings in Hilton Worldwide by 33.2% in the 3rd quarter. Jennison Associates LLC now owns 3,234,809 shares of the company's stock worth $745,624,000 after buying an additional 806,029 shares in the last quarter. Stockbridge Partners LLC increased its position in Hilton Worldwide by 63.6% in the 3rd quarter. Stockbridge Partners LLC now owns 1,544,399 shares of the company's stock valued at $355,984,000 after acquiring an additional 600,593 shares during the period. Bank Julius Baer & Co. Ltd Zurich raised its stake in Hilton Worldwide by 2,746.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company's stock valued at $133,487,000 after acquiring an additional 484,436 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Hilton Worldwide in the fourth quarter worth $118,729,000. 95.90% of the stock is currently owned by institutional investors.

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Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. 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. JPMorgan Chase & Co. boosted their target price on Hilton Worldwide from $219.00 to $226.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. The Goldman Sachs Group increased their price target on Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Macquarie boosted their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Finally, Susquehanna raised their target price on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $254.53.

Hilton Worldwide Trading Down 1.3 %

NYSE:HLT traded down $3.13 during mid-day trading on Friday, hitting $228.78. The company's stock had a trading volume of 4,380,558 shares, compared to its average volume of 1,525,395. The company has a market capitalization of $55.04 billion, a price-to-earnings ratio of 37.20, a P/E/G ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a fifty-two week low of $193.86 and a fifty-two week high of $275.22. The stock has a fifty day moving average of $252.46 and a 200-day moving average of $244.02.

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, topping the consensus estimate 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, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.76%.

Insider Activity at Hilton Worldwide

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 stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.50% of the stock is currently owned by insiders.

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.