Prime Capital Investment Advisors LLC Sells 2,194 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Prime Capital Investment Advisors LLC decreased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 14.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,295 shares of the company's stock after selling 2,194 shares during the period. Prime Capital Investment Advisors LLC's holdings in Hilton Worldwide were worth $3,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of HLT. Principal Financial Group Inc. raised its holdings in shares of Hilton Worldwide by 15.3% in the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after buying an additional 1,429,537 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Hilton Worldwide by 10.5% in the first quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the company's stock valued at $1,715,908,000 after purchasing an additional 761,104 shares in the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Hilton Worldwide by 36.9% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,754,647 shares of the company's stock worth $1,037,464,000 after purchasing an additional 1,282,676 shares in the last quarter. Capital World Investors raised its position in shares of Hilton Worldwide by 66.3% during the 1st quarter. Capital World Investors now owns 3,127,600 shares of the company's stock worth $667,148,000 after purchasing an additional 1,246,662 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Hilton Worldwide by 7.7% during the second quarter. Ameriprise Financial Inc. now owns 2,817,770 shares of the company's stock worth $614,841,000 after buying an additional 200,329 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on HLT shares. Melius Research reiterated a "hold" rating on shares of Hilton Worldwide in a research note on Monday, October 21st. Macquarie lifted their price objective on Hilton Worldwide from $205.00 to $208.00 and gave the company a "neutral" rating in a research note on Wednesday, August 7th. Melius downgraded shares of Hilton Worldwide from a "buy" rating to a "hold" rating in a research report on Monday, October 21st. Barclays dropped their price objective on shares of Hilton Worldwide from $244.00 to $243.00 and set an "overweight" rating for the company in a research report on Thursday, October 24th. Finally, The Goldman Sachs Group initiated coverage on Hilton Worldwide in a research report on Wednesday, September 18th. They issued a "buy" rating and a $245.00 price objective on the stock. 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 data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $228.71.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of the firm's stock in a transaction on Friday, September 13th. The shares were sold at an average price of $217.00, for a total value of $1,067,423.00. Following the sale, the insider now directly owns 15,949 shares in the company, valued at $3,460,933. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Hilton Worldwide news, insider Michael W. Duffy sold 14,357 shares of the business's stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the transaction, the insider now owns 22,833 shares of the company's stock, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Laura Fuentes sold 4,919 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the transaction, the insider now owns 15,949 shares in the company, valued at $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company's stock.

Hilton Worldwide Trading Down 0.6 %

Shares of NYSE HLT traded down $1.40 during mid-day trading on Thursday, reaching $251.25. The company had a trading volume of 622,643 shares, compared to its average volume of 1,555,198. Hilton Worldwide Holdings Inc. has a 1-year low of $164.93 and a 1-year high of $255.86. The stock has a market cap of $61.25 billion, a PE ratio of 54.22, a P/E/G ratio of 3.15 and a beta of 1.30. The company has a 50-day moving average price of $232.18 and a two-hundred day moving average price of $217.92.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.85 by $0.07. Hilton Worldwide had a negative return on equity of 60.85% and a net margin of 10.70%. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the company earned $1.67 earnings per share. The company's revenue for the quarter was up 7.3% on a year-over-year basis. On average, research analysts expect that Hilton Worldwide Holdings Inc. will post 7 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.24%. The ex-dividend date is Friday, November 15th. Hilton Worldwide's dividend payout ratio is 12.88%.

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.