Artemis Investment Management LLP Acquires 1,801 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Artemis Investment Management LLP lifted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,135 shares of the company's stock after buying an additional 1,801 shares during the period. Artemis Investment Management LLP owned approximately 0.06% of Hilton Worldwide worth $38,837,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new stake in Hilton Worldwide in the third quarter valued at approximately $765,000. Franklin Resources Inc. raised its holdings in Hilton Worldwide by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock valued at $1,012,069,000 after buying an additional 121,900 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in Hilton Worldwide in the 3rd quarter worth $38,000. Chartwell Investment Partners LLC raised its stake in shares of Hilton Worldwide by 35.8% during the third quarter. Chartwell Investment Partners LLC now owns 28,756 shares of the company's stock valued at $6,628,000 after acquiring an additional 7,583 shares during the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in shares of Hilton Worldwide in the fourth quarter worth about $1,246,000. Institutional investors own 95.90% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Mizuho boosted their price objective on shares of Hilton Worldwide from $237.00 to $243.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Robert W. Baird raised their target price on shares of Hilton Worldwide from $235.00 to $236.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. The Goldman Sachs Group boosted their price target on Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Melius Research reiterated a "hold" rating on shares of Hilton Worldwide in a research note on Monday, October 21st. Finally, Barclays increased their target price on Hilton Worldwide from $243.00 to $268.00 and gave the stock an "overweight" rating in a research note on Friday, December 13th. Eleven analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $238.24.

Hilton Worldwide Stock Up 0.0 %

NYSE:HLT traded up $0.04 on Monday, hitting $246.69. The stock had a trading volume of 1,369,221 shares, compared to its average volume of 1,035,304. The business's 50-day simple moving average is $249.51 and its two-hundred day simple moving average is $232.30. The stock has a market cap of $60.14 billion, a price-to-earnings ratio of 52.94, a price-to-earnings-growth ratio of 2.69 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 52-week low of $182.86 and a 52-week high of $259.01.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.85 by $0.07. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. The company had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter last year, the firm posted $1.67 earnings per share. The firm's revenue was up 7.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, November 15th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.24%. Hilton Worldwide's dividend payout ratio is currently 12.88%.

Hilton Worldwide declared that its board has authorized a share repurchase plan on Thursday, November 14th that permits the company to buyback $3.50 billion in outstanding shares. This buyback authorization permits the company to buy up to 5.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Michael W. Duffy sold 23,366 shares of Hilton Worldwide stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now owns 22,833 shares of the company's stock, valued at $5,746,152.78. The trade was a 50.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.50% of the stock is owned by company insiders.

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.