Lecap Asset Management Ltd. Has $363,000 Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Lecap Asset Management Ltd. trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 66.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,467 shares of the company's stock after selling 2,927 shares during the period. Lecap Asset Management Ltd.'s holdings in Hilton Worldwide were worth $363,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its stake 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 buying an additional 1,429,537 shares during the last quarter. Jennison Associates LLC lifted its position in Hilton Worldwide by 33.2% in the 3rd quarter. Jennison Associates LLC now owns 3,234,809 shares of the company's stock valued at $745,624,000 after purchasing an additional 806,029 shares during the last quarter. Stockbridge Partners LLC boosted its stake in Hilton Worldwide by 63.6% during the 3rd quarter. Stockbridge Partners LLC now owns 1,544,399 shares of the company's stock valued at $355,984,000 after purchasing an additional 600,593 shares during the period. International Assets Investment Management LLC grew its position in Hilton Worldwide by 23,730.1% in the 3rd quarter. International Assets Investment Management LLC now owns 479,223 shares of the company's stock worth $1,104,610,000 after purchasing an additional 477,212 shares during the last quarter. Finally, FMR LLC raised its holdings in shares of 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 buying an additional 226,223 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on HLT shares. Evercore ISI increased their price target on Hilton Worldwide from $210.00 to $240.00 and gave the stock an "in-line" rating in a research note on Monday, October 21st. Barclays upped their price target on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Macquarie raised their price objective on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. The Goldman Sachs Group increased 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. Finally, Raymond James boosted their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research note on Monday. Twelve investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $246.61.

Hilton Worldwide Price Performance

NYSE:HLT traded up $4.35 during mid-day trading on Wednesday, reaching $273.47. The stock had a trading volume of 1,841,713 shares, compared to its average volume of 1,519,056. The stock has a market cap of $66.67 billion, a P/E ratio of 44.47, a PEG ratio of 2.85 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a fifty-two week low of $186.83 and a fifty-two week high of $274.53. The business's 50 day moving average is $251.33 and its 200 day moving average is $236.86.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating analysts' consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 57.01% and a net margin of 13.74%. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.76 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date is Friday, February 21st. Hilton Worldwide's dividend payout ratio is 9.76%.

Hilton Worldwide announced that its Board of Directors has approved a stock buyback plan on Thursday, November 14th that permits the company to repurchase $3.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 5.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction that occurred 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 represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael W. Duffy sold 23,366 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now owns 22,833 shares in the company, valued at approximately $5,746,152.78. The trade was a 50.58 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company's stock.

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.