Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Adage Capital Partners GP L.L.C.

Adage Capital Partners GP L.L.C. decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 172,800 shares of the company's stock after selling 14,500 shares during the quarter. Adage Capital Partners GP L.L.C. owned approximately 0.07% of Hilton Worldwide worth $42,709,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. raised its position in Hilton Worldwide by 15.3% in the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after acquiring an additional 1,429,537 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Hilton Worldwide by 13.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock worth $1,952,314,000 after buying an additional 919,424 shares in the last quarter. Capital International Investors raised its holdings in shares of Hilton Worldwide by 2.0% during the 4th quarter. Capital International Investors now owns 7,225,495 shares of the company's stock worth $1,786,151,000 after acquiring an additional 142,620 shares in the last quarter. Geode Capital Management LLC lifted its position in Hilton Worldwide by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 5,910,042 shares of the company's stock valued at $1,456,893,000 after purchasing an additional 67,292 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Hilton Worldwide by 7.8% in the fourth quarter. Franklin Resources Inc. now owns 4,411,500 shares of the company's stock worth $1,090,346,000 after acquiring an additional 320,550 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on HLT shares. Barclays reduced their price target on Hilton Worldwide from $287.00 to $233.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. 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 research report on Wednesday, April 23rd. Susquehanna raised their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Mizuho reiterated a "neutral" rating and issued a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Finally, Raymond James raised their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $243.75.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the firm's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now directly owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.60% of the stock is owned by insiders.

Hilton Worldwide Price Performance

Shares of HLT stock traded up $2.15 on Monday, hitting $221.77. The stock had a trading volume of 2,705,073 shares, compared to its average volume of 1,724,800. The company's 50 day moving average price is $230.86 and its 200-day moving average price is $242.83. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22. The firm has a market capitalization of $53.14 billion, a P/E ratio of 36.06, a P/E/G ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, topping 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, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.27%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is presently 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.