7,561 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Bought by Hurley Capital LLC

Hurley Capital LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 7,561 shares of the company's stock, valued at approximately $1,864,000. Hilton Worldwide accounts for approximately 1.5% of Hurley Capital LLC's holdings, making the stock its 18th largest position.

Several other hedge funds also recently bought and sold shares of HLT. Principal Financial Group Inc. boosted its holdings 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 valued at $2,479,354,000 after purchasing an additional 1,429,537 shares in the last quarter. JPMorgan Chase & Co. raised 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 valued at $1,952,314,000 after buying an additional 919,424 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Hilton Worldwide by 1.2% in the 4th 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. Franklin Resources Inc. increased its position in Hilton Worldwide by 7.8% during the 4th quarter. Franklin Resources Inc. now owns 4,411,500 shares of the company's stock worth $1,090,346,000 after purchasing an additional 320,550 shares during the period. Finally, Jennison Associates LLC grew its holdings in Hilton Worldwide by 5.1% during the fourth quarter. Jennison Associates LLC now owns 3,399,270 shares of the company's stock worth $840,164,000 after acquiring an additional 164,461 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

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Hilton Worldwide Price Performance

NYSE:HLT traded down $6.55 during midday trading on Thursday, reaching $212.10. The stock had a trading volume of 1,902,331 shares, compared to its average volume of 1,697,518. The stock has a market capitalization of $50.82 billion, a P/E ratio of 34.20, a PEG ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The firm's fifty day simple moving average is $243.83 and its 200-day simple moving average is $244.44.

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 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. Hilton Worldwide's dividend payout ratio is currently 9.76%.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction dated 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 completion of the transaction, the insider now owns 77,383 shares of the company's stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.50% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have commented on HLT shares. Macquarie lifted their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Barclays increased their price objective on shares of Hilton Worldwide from $270.00 to $287.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. Wells Fargo & Company upped their target price on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 4th. Mizuho reissued a "neutral" rating and issued a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Finally, JPMorgan Chase & Co. increased their target price on Hilton Worldwide from $219.00 to $226.00 and gave the stock a "neutral" rating in a report on Friday, December 13th. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $251.50.

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.