Capital International Sarl Boosts Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Capital International Sarl boosted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 147,214 shares of the company's stock after purchasing an additional 5,931 shares during the period. Capital International Sarl owned 0.06% of Hilton Worldwide worth $36,385,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Palumbo Wealth Management LLC increased its stake in shares of Hilton Worldwide by 2.0% in the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock valued at $528,000 after buying an additional 41 shares during the period. Concurrent Investment Advisors LLC increased its holdings in Hilton Worldwide by 1.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock worth $799,000 after purchasing an additional 43 shares in the last quarter. Versant Capital Management Inc boosted its stake in Hilton Worldwide by 14.8% during the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company's stock worth $92,000 after acquiring an additional 48 shares in the last quarter. Arkadios Wealth Advisors raised its stake in Hilton Worldwide by 2.8% during the 4th quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock worth $444,000 after buying an additional 49 shares during the period. Finally, Angeles Wealth Management LLC lifted its holdings in shares of Hilton Worldwide by 3.7% in the 4th quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the company's stock in a transaction dated Friday, February 7th. The shares were 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 in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is owned by company insiders.

Hilton Worldwide Stock Up 1.8 %

Shares of Hilton Worldwide stock traded up $3.70 during trading on Wednesday, hitting $214.34. 1,023,195 shares of the stock traded hands, compared to its average volume of 1,724,936. Hilton Worldwide Holdings Inc. has a 52 week low of $194.71 and a 52 week high of $275.22. The stock has a market cap of $51.36 billion, a price-to-earnings ratio of 34.85, a PEG ratio of 2.86 and a beta of 1.19. The firm's fifty day moving average is $233.77 and its 200-day moving average is $243.12.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) 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%. On average, analysts forecast 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 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 of this dividend was Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.76%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on HLT shares. Evercore ISI dropped their target price on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday. Macquarie increased their price target on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a research report on Friday, February 7th. Truist Financial dropped their price objective on Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating on the stock in a research note on Friday, March 21st. Jefferies Financial Group cut their price target on Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Mizuho reissued a "neutral" rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $243.75.

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.