Invesco Ltd. Boosts Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Invesco Ltd. boosted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,781,790 shares of the company's stock after buying an additional 157,140 shares during the period. Invesco Ltd. owned approximately 1.14% of Hilton Worldwide worth $687,547,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Polymer Capital Management US LLC bought a new stake in shares of Hilton Worldwide during the 4th quarter valued at $745,000. Cerity Partners LLC increased its position in shares of Hilton Worldwide by 48.3% during the fourth quarter. Cerity Partners LLC now owns 20,026 shares of the company's stock valued at $4,821,000 after buying an additional 6,521 shares during the period. Unigestion Holding SA purchased a new stake in shares of Hilton Worldwide in the fourth quarter worth about $470,000. Quadrant Capital Group LLC boosted its position in shares of Hilton Worldwide by 2.8% in the fourth quarter. Quadrant Capital Group LLC now owns 2,650 shares of the company's stock valued at $655,000 after acquiring an additional 72 shares during the period. Finally, Ilmarinen Mutual Pension Insurance Co increased its holdings in Hilton Worldwide by 28.6% during the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 45,000 shares of the company's stock worth $11,122,000 after acquiring an additional 10,000 shares during the period. Institutional investors own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HLT. Susquehanna upped their price target on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Macquarie upped their target price on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Wells Fargo & Company raised their price target on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Jefferies Financial Group cut their price objective on Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a report on Wednesday. Finally, Raymond James raised their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. Eleven investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $251.50.

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Hilton Worldwide Stock Up 1.2 %

Shares of HLT traded up $2.52 during trading hours on Friday, hitting $212.44. The company had a trading volume of 2,751,839 shares, compared to its average volume of 1,710,703. Hilton Worldwide Holdings Inc. has a 52-week low of $193.86 and a 52-week high of $275.22. The stock's 50 day moving average price is $241.96 and its 200 day moving average price is $244.28. The firm has a market cap of $50.90 billion, a P/E ratio of 34.54, a P/E/G ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.76 EPS 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%. On average, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the firm'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 completion of the sale, the insider now owns 77,383 shares of the company's stock, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.50% of the company's stock.

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.