New Age Alpha Advisors LLC Buys 5,331 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

New Age Alpha Advisors LLC grew its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7,615.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,401 shares of the company's stock after acquiring an additional 5,331 shares during the quarter. New Age Alpha Advisors LLC's holdings in Hilton Worldwide were worth $1,335,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Principal Financial Group Inc. increased its stake in Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after purchasing an additional 1,429,537 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of Hilton Worldwide by 38.8% during the third quarter. Cerity Partners LLC now owns 13,505 shares of the company's stock valued at $3,113,000 after buying an additional 3,773 shares during the last quarter. Townsquare Capital LLC increased its position in shares of Hilton Worldwide by 60.7% during the third quarter. Townsquare Capital LLC now owns 6,289 shares of the company's stock worth $1,450,000 after acquiring an additional 2,376 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Hilton Worldwide by 120.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 53,235 shares of the company's stock worth $12,266,000 after acquiring an additional 29,065 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in Hilton Worldwide by 15.6% in the 3rd quarter. Captrust Financial Advisors now owns 17,105 shares of the company's stock valued at $3,943,000 after acquiring an additional 2,306 shares in the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Insider Transactions at Hilton Worldwide

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 value of $10,928,745.99. Following the sale, the insider now owns 77,383 shares in the company, 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 filing with the SEC, which is accessible through the SEC website. Insiders own 2.50% of the company's stock.

Hilton Worldwide Stock Up 1.9 %

HLT traded up $4.39 on Wednesday, hitting $231.67. The company's stock had a trading volume of 1,507,966 shares, compared to its average volume of 1,614,622. Hilton Worldwide Holdings Inc. has a 12 month low of $193.86 and a 12 month high of $275.22. The firm has a market cap of $55.51 billion, a P/E ratio of 37.67, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. The company's 50 day simple moving average is $250.15 and its 200-day simple moving average is $245.30.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, topping 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%. Equities analysts predict 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 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's dividend payout ratio is presently 9.76%.

Analyst Ratings Changes

A number of brokerages have commented on HLT. Raymond James boosted their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a report on Monday, February 10th. Susquehanna increased their price target on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Morgan Stanley lifted their price objective on shares of Hilton Worldwide from $265.00 to $274.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. JPMorgan Chase & Co. increased their target price on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a report on Friday, December 13th. Finally, The Goldman Sachs Group boosted their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a report on Tuesday, December 10th. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $254.53.

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.