Intech Investment Management LLC Reduces Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Intech Investment Management LLC lowered its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 88.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,579 shares of the company's stock after selling 19,600 shares during the period. Intech Investment Management LLC's holdings in Hilton Worldwide were worth $637,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. FMR LLC lifted its position in Hilton Worldwide by 2.1% during the third quarter. FMR LLC now owns 11,215,391 shares of the company's stock valued at $2,585,148,000 after purchasing an additional 226,223 shares during the period. Principal Financial Group Inc. lifted its holdings in shares of Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after buying an additional 1,429,537 shares during the period. Franklin Resources Inc. grew its holdings in shares of Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock worth $1,012,069,000 after acquiring an additional 121,900 shares during the period. Jennison Associates LLC increased its position in Hilton Worldwide by 5.1% during the fourth quarter. Jennison Associates LLC now owns 3,399,270 shares of the company's stock valued at $840,164,000 after acquiring an additional 164,461 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Hilton Worldwide by 2.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,597,137 shares of the company's stock valued at $394,748,000 after acquiring an additional 39,786 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

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Insider Buying and Selling

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

Hilton Worldwide Stock Up 0.0 %

HLT stock traded up $0.01 during midday trading on Wednesday, hitting $234.68. The company's stock had a trading volume of 1,735,331 shares, compared to its average volume of 1,532,108. Hilton Worldwide Holdings Inc. has a 12 month low of $193.86 and a 12 month high of $275.22. The company has a 50 day moving average of $251.65 and a two-hundred day moving average of $244.69. The firm has a market capitalization of $56.46 billion, a price-to-earnings ratio of 38.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates 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, 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 announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be issued a $0.15 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide's dividend payout ratio (DPR) is 9.76%.

Analyst Ratings Changes

HLT has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their price target on Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Mizuho restated a "neutral" rating and set a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Morgan Stanley increased their price target on shares of Hilton Worldwide from $265.00 to $274.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. boosted their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Finally, Jefferies Financial Group upped their price objective on Hilton Worldwide from $237.00 to $277.00 and gave the stock a "hold" rating in a research note on Thursday, January 2nd. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of "Hold" and a consensus price target of $254.53.

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.