Insigneo Advisory Services LLC Sells 1,403 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Insigneo Advisory Services LLC lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 39.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,128 shares of the company's stock after selling 1,403 shares during the period. Insigneo Advisory Services LLC's holdings in Hilton Worldwide were worth $526,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Principal Financial Group Inc. lifted its position in Hilton Worldwide by 15.3% during the 3rd 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 last quarter. Morse Asset Management Inc lifted its position in shares of Hilton Worldwide by 3.9% during the 3rd quarter. Morse Asset Management Inc now owns 2,675 shares of the company's stock worth $617,000 after purchasing an additional 100 shares during the last quarter. Anchor Investment Management LLC boosted its stake in Hilton Worldwide by 97.0% during the 3rd quarter. Anchor Investment Management LLC now owns 465 shares of the company's stock valued at $107,000 after purchasing an additional 229 shares during the period. Eaton Financial Holdings Company LLC acquired a new stake in Hilton Worldwide in the 3rd quarter valued at approximately $669,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Hilton Worldwide in the 3rd quarter worth approximately $765,000. Institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

HLT has been the topic of several research analyst reports. Jefferies Financial Group lowered their price objective on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company boosted their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Susquehanna increased their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Finally, Macquarie lifted their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Twelve analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $243.75.

Insiders Place Their Bets

In other news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.60% of the company's stock.

Hilton Worldwide Stock Up 3.0 %

NYSE:HLT traded up $6.24 on Wednesday, reaching $216.88. The stock had a trading volume of 909,835 shares, compared to its average volume of 1,724,550. Hilton Worldwide Holdings Inc. has a 1-year low of $194.71 and a 1-year high of $275.22. The stock has a fifty day moving average price of $233.77 and a 200-day moving average price of $243.12. The company has a market capitalization of $51.97 billion, a P/E ratio of 35.27, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating 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%. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.15 per share. 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 is currently 9.76%.

Hilton Worldwide 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.