Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Savoir Faire Capital Management L.P.

Savoir Faire Capital Management L.P. lowered its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 29.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,607 shares of the company's stock after selling 1,969 shares during the period. Savoir Faire Capital Management L.P.'s holdings in Hilton Worldwide were worth $1,139,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in shares of Hilton Worldwide by 15.3% during the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after buying an additional 1,429,537 shares during the last quarter. Benjamin Edwards Inc. acquired a new stake in Hilton Worldwide during the 3rd quarter worth approximately $578,000. Centiva Capital LP purchased a new position in shares of Hilton Worldwide in the 3rd quarter valued at approximately $740,000. Investment Management Corp of Ontario increased its holdings in shares of Hilton Worldwide by 46.1% in the third quarter. Investment Management Corp of Ontario now owns 8,244 shares of the company's stock valued at $1,900,000 after purchasing an additional 2,600 shares during the period. Finally, Morse Asset Management Inc raised its stake in shares of Hilton Worldwide by 3.9% during the third quarter. Morse Asset Management Inc now owns 2,675 shares of the company's stock worth $617,000 after purchasing an additional 100 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

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Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the sale, the insider now directly owns 77,383 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.50% of the company's stock.

Analyst Ratings Changes

HLT has been the topic of several recent research reports. Macquarie boosted their price objective on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a "neutral" rating in a research note on Friday, February 7th. Wells Fargo & Company lifted their price objective on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Susquehanna increased their target price on 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 price target on Hilton Worldwide from $270.00 to $287.00 and gave the company an "overweight" rating in a report on Friday, February 7th. Finally, Mizuho reiterated a "neutral" rating and issued a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $251.50.

Hilton Worldwide Trading Down 2.2 %

Shares of NYSE HLT traded down $4.40 during trading on Wednesday, reaching $196.88. The company had a trading volume of 1,507,489 shares, compared to its average volume of 1,673,256. The stock has a market capitalization of $47.18 billion, a PE ratio of 32.00, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a twelve month low of $189.75 and a twelve month high of $275.22. The stock has a 50-day moving average price of $245.34 and a two-hundred day moving average price of $244.66.

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

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide's dividend payout ratio is presently 9.76%.

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.