Mizuho Securities USA LLC Has $5.71 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mizuho Securities USA LLC increased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 44.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,105 shares of the company's stock after acquiring an additional 7,126 shares during the period. Mizuho Securities USA LLC's holdings in Hilton Worldwide were worth $5,711,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Palumbo Wealth Management LLC boosted its stake in 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 in the last quarter. Concurrent Investment Advisors LLC boosted its stake in Hilton Worldwide by 1.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock valued at $799,000 after buying an additional 43 shares in the last quarter. Versant Capital Management Inc boosted its stake 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 buying an additional 48 shares in the last quarter. Arkadios Wealth Advisors grew its holdings in Hilton Worldwide by 2.8% during the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock worth $444,000 after acquiring an additional 49 shares during the period. Finally, Angeles Wealth Management LLC raised its position in Hilton Worldwide by 3.7% in the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after acquiring an additional 51 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

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Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Jefferies Financial Group increased their target price on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a "hold" rating in a research note on Thursday, January 2nd. JPMorgan Chase & Co. upped their target price on Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a report on Friday, December 13th. Mizuho reissued a "neutral" rating and issued a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Barclays upped their price target on Hilton Worldwide from $270.00 to $287.00 and gave the company an "overweight" rating in a research report on Friday, February 7th. Finally, The Goldman Sachs Group upped their price objective on shares of Hilton Worldwide from $247.00 to $277.00 and gave the company a "buy" rating in a research note on Tuesday, December 10th. Eleven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Hilton Worldwide has an average rating of "Hold" and an average price target of $254.53.

Hilton Worldwide Stock Up 0.9 %

Shares of HLT stock traded up $2.13 during mid-day trading on Tuesday, reaching $234.69. The stock had a trading volume of 1,428,633 shares, compared to its average volume of 1,528,708. The firm has a market cap of $56.47 billion, a PE ratio of 38.16, a P/E/G ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The firm's 50 day simple moving average is $252.04 and its 200 day simple moving average is $244.61.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly 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%. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide's dividend payout ratio is 9.76%.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the completion of the transaction, the insider now directly owns 77,383 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.50% 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.