Ossiam Purchases 4,279 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Ossiam increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 139.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,350 shares of the company's stock after purchasing an additional 4,279 shares during the period. Ossiam's holdings in Hilton Worldwide were worth $1,817,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Palumbo Wealth Management LLC boosted its position in Hilton Worldwide by 2.0% in the 4th quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock valued at $528,000 after buying an additional 41 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in Hilton Worldwide by 1.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock valued at $799,000 after purchasing an additional 43 shares during the period. Versant Capital Management Inc grew its stake in Hilton Worldwide by 14.8% during the 4th quarter. Versant Capital Management Inc now owns 372 shares of the company's stock worth $92,000 after purchasing an additional 48 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Hilton Worldwide by 2.8% during the 4th quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock worth $444,000 after purchasing an additional 49 shares during the period. Finally, Angeles Wealth Management LLC boosted its stake in shares of Hilton Worldwide by 3.7% in the 4th quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock valued at $351,000 after buying an additional 51 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on HLT. Barclays decreased 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 note on Tuesday. Morgan Stanley lowered their target price on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research note on Tuesday. Susquehanna raised their price target on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Raymond James upped their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Finally, 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. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, Hilton Worldwide presently has an average rating of "Hold" and an average price target of $243.75.

Hilton Worldwide Trading Up 0.2 %

HLT traded up $0.36 during trading on Friday, reaching $219.72. 1,591,535 shares of the company were exchanged, compared to its average volume of 2,120,947. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The firm has a 50 day moving average of $231.84 and a 200 day moving average of $242.84. The stock has a market cap of $52.65 billion, a P/E ratio of 35.73, a PEG ratio of 2.86 and a beta of 1.19.

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

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide's payout ratio is currently 9.76%.

Insiders Place Their Bets

In related news, insider Christopher J. Nassetta sold 40,653 shares of the company's 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 transaction, the insider now directly owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is owned by company insiders.

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.