FIL Ltd Increases Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

FIL Ltd grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 20.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,719 shares of the company's stock after acquiring an additional 30,764 shares during the period. FIL Ltd owned 0.08% of Hilton Worldwide worth $45,655,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HLT. Invesco Ltd. boosted its holdings in shares of Hilton Worldwide by 6.0% in the 4th quarter. Invesco Ltd. now owns 2,781,790 shares of the company's stock valued at $687,547,000 after buying an additional 157,140 shares during the last quarter. Polymer Capital Management US LLC bought a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $745,000. Cerity Partners LLC grew its holdings in Hilton Worldwide by 48.3% during the fourth quarter. Cerity Partners LLC now owns 20,026 shares of the company's stock worth $4,821,000 after purchasing an additional 6,521 shares during the period. Unigestion Holding SA bought a new stake in Hilton Worldwide in the fourth quarter valued at approximately $470,000. Finally, Quadrant Capital Group LLC boosted its stake in shares of Hilton Worldwide by 2.8% during the 4th quarter. Quadrant Capital Group LLC now owns 2,650 shares of the company's stock worth $655,000 after acquiring an additional 72 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction that occurred 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 sale, the insider now directly 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.50% of the stock is owned by company insiders.

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Analyst Upgrades and Downgrades

HLT has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $235.00 price objective (down from $296.00) on shares of Hilton Worldwide in a research report on Monday. Jefferies Financial Group cut their price objective on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Barclays increased their target price on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Macquarie lifted their price target on Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Finally, Wells Fargo & Company boosted their price target on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $248.88.

Hilton Worldwide Price Performance

Shares of NYSE:HLT traded up $0.74 during mid-day trading on Wednesday, hitting $212.06. The company had a trading volume of 441,569 shares, compared to its average volume of 1,715,977. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The firm has a fifty day moving average price of $239.84 and a 200 day moving average price of $243.89. The company has a market capitalization of $50.81 billion, a PE ratio of 34.48, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. Research analysts expect 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 was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's payout ratio is 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.