Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Pelham Capital Ltd.

Pelham Capital Ltd. lifted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 160,629 shares of the company's stock after buying an additional 10,703 shares during the quarter. Hilton Worldwide makes up about 22.1% of Pelham Capital Ltd.'s portfolio, making the stock its biggest position. Pelham Capital Ltd. owned 0.06% of Hilton Worldwide worth $37,025,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HLT. Independence Bank of Kentucky raised its stake in Hilton Worldwide by 66.7% in the 1st quarter. Independence Bank of Kentucky now owns 125 shares of the company's stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. EdgeRock Capital LLC purchased a new stake in Hilton Worldwide in the second quarter valued at approximately $33,000. Pinnacle Bancorp Inc. purchased a new position in shares of Hilton Worldwide in the 1st quarter valued at approximately $34,000. Manchester Capital Management LLC raised its position in Hilton Worldwide by 247.8% during the 1st quarter. Manchester Capital Management LLC now owns 160 shares of the company's stock worth $34,000 after buying an additional 114 shares during the last quarter. Finally, NewSquare Capital LLC acquired a new stake in shares of Hilton Worldwide in the second quarter valued at about $37,000. Institutional investors own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In other news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the completion of the sale, the insider now owns 15,949 shares of the company's stock, valued at approximately $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 2.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Truist Financial dropped their price objective on Hilton Worldwide from $209.00 to $208.00 and set a "hold" rating for the company in a research report on Thursday, August 8th. Susquehanna started coverage on shares of Hilton Worldwide in a research note on Friday, June 21st. They set a "neutral" rating and a $215.00 price objective on the stock. Robert W. Baird set a $235.00 price target on Hilton Worldwide in a research note on Thursday. Deutsche Bank Aktiengesellschaft cut their target price on Hilton Worldwide from $185.00 to $181.00 and set a "hold" rating on the stock in a research report on Thursday, August 8th. Finally, Macquarie raised their target price on Hilton Worldwide from $205.00 to $208.00 and gave the stock a "neutral" rating in a research report on Wednesday, August 7th. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $216.05.

Hilton Worldwide Trading Up 0.1 %

Shares of HLT stock traded up $0.34 on Friday, hitting $238.81. 1,238,314 shares of the stock were exchanged, compared to its average volume of 1,560,378. Hilton Worldwide Holdings Inc. has a one year low of $146.36 and a one year high of $240.00. The firm has a market capitalization of $59.71 billion, a PE ratio of 51.92, a P/E/G ratio of 2.60 and a beta of 1.31. The firm's 50 day moving average is $222.71 and its two-hundred day moving average is $213.41.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.05. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The company had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the business earned $1.63 earnings per share. The firm's quarterly revenue was up 10.9% compared to the same quarter last year. On average, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.05 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, August 23rd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 0.25%. Hilton Worldwide's dividend payout ratio is presently 13.04%.

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.