Hilton Worldwide Holdings Inc. (NYSE:HLT) Stock Holdings Trimmed by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 99.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,064 shares of the company's stock after selling 477,159 shares during the period. International Assets Investment Management LLC's holdings in Hilton Worldwide were worth $506,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of HLT. Prudential PLC boosted its holdings in Hilton Worldwide by 43.2% in the second quarter. Prudential PLC now owns 3,874 shares of the company's stock valued at $845,000 after acquiring an additional 1,168 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of Hilton Worldwide by 6.7% in the 2nd quarter. Coldstream Capital Management Inc. now owns 3,053 shares of the company's stock valued at $666,000 after purchasing an additional 193 shares in the last quarter. MGO One Seven LLC grew its holdings in shares of Hilton Worldwide by 62.6% during the 2nd quarter. MGO One Seven LLC now owns 4,972 shares of the company's stock worth $1,085,000 after purchasing an additional 1,915 shares during the period. Y.D. More Investments Ltd acquired a new position in Hilton Worldwide during the second quarter valued at approximately $327,000. Finally, Achmea Investment Management B.V. grew its stake in Hilton Worldwide by 341.5% during the second quarter. Achmea Investment Management B.V. now owns 19,046 shares of the company's stock worth $4,156,000 after buying an additional 14,732 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insider Activity

In other news, insider Michael W. Duffy sold 23,366 shares of the business's stock in a transaction 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 completion of the transaction, the insider now owns 22,833 shares of the company's stock, valued at approximately $5,746,152.78. The trade was a 50.58 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.50% of the company's stock.

Hilton Worldwide Stock Down 1.0 %

Shares of HLT traded down $2.41 during mid-day trading on Friday, hitting $240.89. The stock had a trading volume of 1,387,357 shares, compared to its average volume of 1,160,543. The company has a market cap of $58.72 billion, a PE ratio of 51.69, a PEG ratio of 3.18 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a fifty-two week low of $180.62 and a fifty-two week high of $259.01. The company's fifty day simple moving average is $249.22 and its two-hundred day simple moving average is $231.15.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm earned $1.67 earnings per share. The firm's revenue for the quarter was up 7.3% compared to the same quarter last year. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current year.

Hilton Worldwide declared that its board has initiated a share repurchase plan on Thursday, November 14th that permits the company to buyback $3.50 billion in shares. This buyback authorization permits the company to purchase up to 5.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, November 15th were paid a $0.15 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.25%. Hilton Worldwide's payout ratio is currently 12.88%.

Analysts Set New Price Targets

Several research firms recently weighed in on HLT. Truist Financial lifted their target price on shares of Hilton Worldwide from $208.00 to $220.00 and gave the company a "hold" rating in a report on Thursday, October 24th. Barclays upped their price target on Hilton Worldwide from $243.00 to $268.00 and gave the stock an "overweight" rating in a report on Friday, December 13th. Melius Research reiterated a "hold" rating on shares of Hilton Worldwide in a research note on Monday, October 21st. Robert W. Baird upped 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. Finally, Mizuho lifted their price target on shares of Hilton Worldwide from $237.00 to $243.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $238.24.

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.