Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC grew its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 23.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 170,462 shares of the company's stock after acquiring an additional 32,859 shares during the quarter. HighTower Advisors LLC owned about 0.07% of Hilton Worldwide worth $42,131,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in Hilton Worldwide in the third quarter valued at approximately $765,000. Jones Financial Companies Lllp grew its position in shares of Hilton Worldwide by 194.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock valued at $651,000 after buying an additional 1,740 shares during the last quarter. Amundi raised its stake in Hilton Worldwide by 24.2% during the 4th quarter. Amundi now owns 953,938 shares of the company's stock worth $232,098,000 after acquiring an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Hilton Worldwide by 2.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock valued at $55,774,000 after acquiring an additional 4,846 shares during the last quarter. Finally, Franklin Resources Inc. boosted its stake in Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock valued at $1,012,069,000 after acquiring an additional 121,900 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

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Analysts Set New Price Targets

A number of analysts have recently commented on the company. Morgan Stanley boosted their target price on Hilton Worldwide from $265.00 to $274.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Mizuho reiterated a "neutral" rating and issued a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. The Goldman Sachs Group increased their price objective on Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a report on Tuesday, December 10th. JPMorgan Chase & Co. upped their price target on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Finally, Wells Fargo & Company raised their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $250.61.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the company'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 sale, the insider now owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Hilton Worldwide Price Performance

Shares of HLT stock traded up $4.96 during trading hours on Monday, reaching $234.33. 2,486,595 shares of the company's stock were exchanged, compared to its average volume of 1,516,308. Hilton Worldwide Holdings Inc. has a 1 year low of $193.86 and a 1 year high of $275.22. The company has a market cap of $56.38 billion, a P/E ratio of 38.10, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. The company's 50 day moving average is $253.37 and its two-hundred day moving average is $244.02.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released 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%. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.15 per share. 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 payout ratio is currently 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.