3,015 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Purchased by Polymer Capital Management US LLC

Polymer Capital Management US LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,015 shares of the company's stock, valued at approximately $745,000.

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

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Hilton Worldwide Trading Up 1.2 %

Shares of Hilton Worldwide stock traded up $2.52 on Friday, reaching $212.44. 2,751,839 shares of the stock were exchanged, compared to its average volume of 1,710,414. The business has a fifty day moving average price of $241.96 and a two-hundred day moving average price of $244.21. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The firm has a market capitalization of $50.90 billion, a PE ratio of 34.54, a PEG ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. Research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a $0.15 dividend. 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 that occurred 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 transaction, the insider now owns 77,383 shares in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 2.50% of the company's stock.

Analyst Upgrades and Downgrades

HLT has been the subject of several research reports. Raymond James boosted their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Macquarie increased their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Susquehanna lifted their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Barclays raised their target price on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research note on Friday, February 7th. Finally, Truist Financial cut 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. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $251.50.

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.