Natixis Raises Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Natixis lifted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 35.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 267,029 shares of the company's stock after purchasing an additional 69,676 shares during the quarter. Natixis owned about 0.11% of Hilton Worldwide worth $65,999,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ossiam boosted its holdings in Hilton Worldwide by 139.3% in the 4th quarter. Ossiam now owns 7,350 shares of the company's stock valued at $1,817,000 after purchasing an additional 4,279 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in Hilton Worldwide by 37.0% in the fourth quarter. BI Asset Management Fondsmaeglerselskab A S now owns 14,542 shares of the company's stock valued at $3,594,000 after acquiring an additional 3,924 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Hilton Worldwide by 0.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 701,647 shares of the company's stock worth $173,429,000 after acquiring an additional 4,866 shares during the period. Capital International Ltd. CA increased its stake in Hilton Worldwide by 2.5% during the fourth quarter. Capital International Ltd. CA now owns 90,455 shares of the company's stock worth $22,357,000 after acquiring an additional 2,210 shares during the last quarter. Finally, Capital Group Investment Management PTE. LTD. raised its position in Hilton Worldwide by 0.8% in the fourth quarter. Capital Group Investment Management PTE. LTD. now owns 17,374 shares of the company's stock valued at $4,294,000 after purchasing an additional 144 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HLT. Truist Financial lowered their price target on Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating for the company in a report on Friday, March 21st. Barclays dropped their price target on shares of Hilton Worldwide from $287.00 to $233.00 and set an "overweight" rating for the company in a research report on Tuesday. Raymond James upped their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a report on Monday, February 10th. Evercore ISI cut their target price on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a research report on Wednesday. Finally, Wells Fargo & Company raised their price target on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $243.75.

Hilton Worldwide Trading Up 2.4 %

Shares of HLT stock traded up $4.97 on Wednesday, reaching $215.61. 2,181,158 shares of the stock were exchanged, compared to its average volume of 1,729,310. The company has a market capitalization of $51.66 billion, a price-to-earnings ratio of 35.06, a PEG ratio of 2.86 and a beta of 1.19. The business's 50 day moving average price is $233.77 and its 200 day moving average price is $243.12. Hilton Worldwide Holdings Inc. has a twelve month low of $194.71 and a twelve month high of $275.22.

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

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is 9.76%.

Insider Activity

In related news, insider Christopher J. Nassetta sold 40,653 shares of the 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 sale, the insider now directly owns 77,383 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which is available through this link. Corporate 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.