Huntington National Bank Has $10.36 Million Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Huntington National Bank lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 3.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 41,928 shares of the company's stock after buying an additional 1,230 shares during the period. Huntington National Bank's holdings in Hilton Worldwide were worth $10,363,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Palumbo Wealth Management LLC grew its stake in shares of Hilton Worldwide by 2.0% during the 4th 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 raised its stake in shares of Hilton Worldwide by 1.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock valued at $799,000 after purchasing an additional 43 shares during the period. Versant Capital Management Inc lifted its position in shares of 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 purchasing an additional 48 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Hilton Worldwide by 2.8% in the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock valued at $444,000 after purchasing an additional 49 shares during the period. Finally, Angeles Wealth Management LLC increased its stake in Hilton Worldwide by 3.7% during the 4th quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after buying an additional 51 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

A number of research analysts recently commented on HLT shares. Truist Financial reduced their price target on Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating for the company in a report on Friday, March 21st. The Goldman Sachs Group increased their price objective on shares of Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Mizuho reaffirmed a "neutral" rating and set a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Susquehanna lifted their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Finally, Raymond James upped their price target on Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Hilton Worldwide has a consensus rating of "Hold" and a consensus target price of $254.56.

Insider Activity

In related news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction dated Friday, February 7th. The stock was 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 in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.50% of the stock is currently owned by company insiders.

Hilton Worldwide Trading Up 2.2 %

HLT stock traded up $4.54 on Tuesday, hitting $208.68. 1,137,011 shares of the company's stock traded hands, compared to its average volume of 1,660,139. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The stock has a market cap of $50.00 billion, a price-to-earnings ratio of 33.93, a P/E/G ratio of 2.86 and a beta of 1.19. The stock has a fifty day moving average of $247.47 and a 200-day moving average of $245.14.

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 negative return on equity of 54.47% and a net margin of 13.74%. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide's dividend payout ratio is 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.