Natixis Advisors LLC lifted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 280,697 shares of the company's stock after acquiring an additional 18,340 shares during the period. Natixis Advisors LLC owned about 0.12% of Hilton Worldwide worth $69,377,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. FMR LLC increased its stake in shares of Hilton Worldwide by 2.1% in the third quarter. FMR LLC now owns 11,215,391 shares of the company's stock worth $2,585,148,000 after acquiring an additional 226,223 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Hilton Worldwide by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after buying an additional 1,429,537 shares in the last quarter. Franklin Resources Inc. increased its holdings in Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock worth $1,012,069,000 after buying an additional 121,900 shares during the last quarter. Jennison Associates LLC raised its position in Hilton Worldwide by 5.1% during the fourth quarter. Jennison Associates LLC now owns 3,399,270 shares of the company's stock valued at $840,164,000 after acquiring an additional 164,461 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in Hilton Worldwide by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,597,137 shares of the company's stock valued at $394,748,000 after acquiring an additional 39,786 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.
Analyst Upgrades and Downgrades
HLT has been the subject of a number of recent research reports. Mizuho reiterated a "neutral" rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Macquarie increased their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Jefferies Financial Group boosted their target price on Hilton Worldwide from $237.00 to $277.00 and gave the stock a "hold" rating in a report on Thursday, January 2nd. Wells Fargo & Company increased 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. Finally, Barclays boosted their price objective on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Twelve investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $250.61.
Check Out Our Latest Stock Report on HLT
Insiders Place Their Bets
In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction on 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 directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.50% of the company's stock.
Hilton Worldwide Stock Performance
Shares of NYSE HLT traded down $1.20 during trading on Thursday, reaching $231.75. The company had a trading volume of 1,413,157 shares, compared to its average volume of 1,737,826. The business's 50 day moving average price is $252.69 and its 200-day moving average price is $244.11. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The stock has a market cap of $55.76 billion, a PE ratio of 37.68, a PEG ratio of 2.86 and a beta of 1.29.
Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. Equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.
Hilton Worldwide Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be issued a $0.15 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Hilton Worldwide's dividend payout ratio is presently 9.76%.
Hilton Worldwide Company Profile
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Free Report)
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.
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