Massachusetts Financial Services Co. MA Has $1.11 Billion Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Massachusetts Financial Services Co. MA decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 5.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,472,123 shares of the company's stock after selling 270,177 shares during the period. Massachusetts Financial Services Co. MA owned approximately 1.83% of Hilton Worldwide worth $1,105,330,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HLT. Palumbo Wealth Management LLC increased its position 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 purchasing an additional 41 shares during the period. Concurrent Investment Advisors LLC lifted its position in Hilton Worldwide by 1.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock worth $799,000 after buying an additional 43 shares in the last quarter. Versant Capital Management Inc boosted its position in Hilton Worldwide by 14.8% during the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company's stock valued at $92,000 after purchasing an additional 48 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in Hilton Worldwide by 2.8% in the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock worth $444,000 after buying an additional 49 shares during the last quarter. Finally, Angeles Wealth Management LLC lifted its stake in Hilton Worldwide by 3.7% in the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock valued at $351,000 after acquiring an additional 51 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

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Hilton Worldwide Stock Performance

NYSE:HLT traded down $14.03 during trading hours on Thursday, hitting $217.35. The stock had a trading volume of 4,213,269 shares, compared to its average volume of 1,627,579. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The company has a market cap of $52.08 billion, a price-to-earnings ratio of 35.34, a P/E/G ratio of 2.86 and a beta of 1.19. The business's 50 day moving average is $249.17 and its 200-day moving average is $245.02.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued 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 (DPR) is presently 9.76%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HLT. 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. JPMorgan Chase & Co. raised their price target on shares of Hilton Worldwide from $219.00 to $226.00 and gave the stock a "neutral" rating in a research report on Friday, December 13th. Jefferies Financial Group boosted their price objective on Hilton Worldwide from $237.00 to $277.00 and gave the company a "hold" rating in a research report on Thursday, January 2nd. The Goldman Sachs Group increased their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Finally, Susquehanna lifted their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Eleven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Hold" and a consensus target price of $254.53.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the 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 completion of the sale, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company 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.