Mariner LLC Has $7.30 Million Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mariner LLC raised its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 6.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 29,523 shares of the company's stock after purchasing an additional 1,742 shares during the period. Mariner LLC's holdings in Hilton Worldwide were worth $7,297,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HLT. Noble Wealth Management PBC acquired a new position in shares of Hilton Worldwide during the fourth quarter worth approximately $27,000. VSM Wealth Advisory LLC acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at approximately $34,000. Sierra Ocean LLC bought a new position in shares of Hilton Worldwide in the fourth quarter valued at $36,000. Finally, Hopwood Financial Services Inc. acquired a new stake in Hilton Worldwide during the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Price Performance

Shares of HLT traded up $4.32 during midday trading on Thursday, reaching $219.68. 711,655 shares of the stock were exchanged, compared to its average volume of 1,723,886. Hilton Worldwide Holdings Inc. has a twelve month low of $194.93 and a twelve month high of $275.22. The business's 50-day moving average price is $232.77 and its 200 day moving average price is $242.93. The company has a market capitalization of $52.64 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share 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%. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders 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 dividend yield of 0.27%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's payout ratio is currently 9.76%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. The Goldman Sachs Group reiterated a "neutral" rating and set a $235.00 target price (down from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Barclays dropped their price objective on Hilton Worldwide from $287.00 to $233.00 and set an "overweight" rating on the stock in a research note on Tuesday. Mizuho reiterated a "neutral" rating and set a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Evercore ISI dropped their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday. Finally, Jefferies Financial Group cut their target price on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Twelve analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Hilton Worldwide currently has an average rating of "Hold" and an average target price of $243.75.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the company's stock in a transaction that occurred 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 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.60% of the company's stock.

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.