Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 30.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,003 shares of the company's stock after buying an additional 3,734 shares during the quarter. NEOS Investment Management LLC's holdings in Hilton Worldwide were worth $3,955,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HLT. Principal Financial Group Inc. grew its stake in shares of Hilton Worldwide by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after buying an additional 1,429,537 shares in the last quarter. Cerity Partners LLC lifted its stake in shares of Hilton Worldwide by 38.8% in the 3rd quarter. Cerity Partners LLC now owns 13,505 shares of the company's stock valued at $3,113,000 after purchasing an additional 3,773 shares during the last quarter. Independent Advisor Alliance boosted its holdings in shares of Hilton Worldwide by 3.4% in the 3rd quarter. Independent Advisor Alliance now owns 2,552 shares of the company's stock worth $588,000 after purchasing an additional 84 shares during the period. Townsquare Capital LLC increased its position in shares of Hilton Worldwide by 60.7% during the 3rd quarter. Townsquare Capital LLC now owns 6,289 shares of the company's stock valued at $1,450,000 after purchasing an additional 2,376 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its stake in shares of Hilton Worldwide by 1.7% in the third quarter. Glenmede Trust Co. NA now owns 30,386 shares of the company's stock valued at $7,004,000 after acquiring an additional 518 shares during the period. Institutional investors own 95.90% of the company's stock.

Remove Ads

Analyst Ratings Changes

A number of analysts have weighed in on HLT shares. Jefferies Financial Group increased their target price on Hilton Worldwide from $237.00 to $277.00 and gave the stock a "hold" rating in a research note on Thursday, January 2nd. Morgan Stanley lifted their price objective on shares of Hilton Worldwide from $265.00 to $274.00 and gave the company an "overweight" rating in a report on Tuesday, March 4th. Susquehanna increased their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group increased their price target on Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Finally, Macquarie lifted their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a report on Friday, February 7th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $254.53.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction dated 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 transaction, the insider now 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.50% of the stock is currently owned by company insiders.

Hilton Worldwide Trading Down 0.3 %

HLT traded down $0.66 during midday trading on Tuesday, hitting $226.89. 504,273 shares of the company traded hands, compared to its average volume of 1,607,225. Hilton Worldwide Holdings Inc. has a 52-week low of $193.86 and a 52-week high of $275.22. The business has a 50 day simple moving average of $250.55 and a two-hundred day simple moving average of $245.23. The company has a market capitalization of $54.37 billion, a price-to-earnings ratio of 36.78, a PEG ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results 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%. Equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current 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 issued a dividend of $0.15 per share. The ex-dividend date was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide's dividend payout ratio is presently 9.76%.

About Hilton Worldwide

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.