Hilton Worldwide Holdings Inc. (NYSE:HLT) Position Increased by SeaTown Holdings Pte. Ltd.

SeaTown Holdings Pte. Ltd. increased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 49.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,867 shares of the company's stock after acquiring an additional 14,250 shares during the quarter. Hilton Worldwide makes up 7.3% of SeaTown Holdings Pte. Ltd.'s investment portfolio, making the stock its 4th largest position. SeaTown Holdings Pte. Ltd.'s holdings in Hilton Worldwide were worth $10,595,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. GHP Investment Advisors Inc. bought a new stake in Hilton Worldwide in the third quarter valued at $25,000. Groupama Asset Managment increased its position in shares of Hilton Worldwide by 37.8% during the third quarter. Groupama Asset Managment now owns 15,025 shares of the company's stock valued at $35,000 after buying an additional 4,118 shares during the period. Ashton Thomas Securities LLC bought a new position in Hilton Worldwide in the third quarter worth about $38,000. True Wealth Design LLC lifted its holdings in Hilton Worldwide by 2,400.0% in the third quarter. True Wealth Design LLC now owns 175 shares of the company's stock worth $40,000 after buying an additional 168 shares during the period. Finally, Catalyst Capital Advisors LLC bought a new stake in Hilton Worldwide during the 3rd quarter valued at approximately $46,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Price Performance

NYSE:HLT traded up $0.04 during trading hours on Friday, reaching $246.69. The company had a trading volume of 1,369,221 shares, compared to its average volume of 1,035,304. The firm has a market cap of $60.14 billion, a PE ratio of 52.94, a price-to-earnings-growth ratio of 2.69 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 1-year low of $182.86 and a 1-year high of $259.01. The business's 50 day moving average price is $249.51 and its 200-day moving average price is $232.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the prior year, the company posted $1.67 EPS. The business's quarterly revenue was up 7.3% on a year-over-year basis. On average, analysts expect that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current fiscal year.

Hilton Worldwide declared that its board has authorized a stock repurchase plan on Thursday, November 14th that permits the company to repurchase $3.50 billion in shares. This repurchase authorization permits the company to repurchase up to 5.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, November 15th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.24%. The ex-dividend date of this dividend was Friday, November 15th. Hilton Worldwide's payout ratio is 12.88%.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Michael W. Duffy sold 23,366 shares of Hilton Worldwide stock in a transaction on Monday, December 16th. The stock was sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now owns 22,833 shares in the company, valued at $5,746,152.78. The trade was a 50.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on HLT shares. Truist Financial boosted their target price on shares of Hilton Worldwide from $208.00 to $220.00 and gave the company a "hold" rating in a report on Thursday, October 24th. Barclays increased their target price on Hilton Worldwide from $243.00 to $268.00 and gave the stock an "overweight" rating in a research note on Friday, December 13th. Melius Research reiterated a "hold" rating on shares of Hilton Worldwide in a research note on Monday, October 21st. TD Cowen decreased their price target on Hilton Worldwide from $265.00 to $256.00 and set a "buy" rating for the company in a research note on Thursday, October 24th. Finally, Evercore ISI increased their price objective on shares of Hilton Worldwide from $210.00 to $240.00 and gave the company an "in-line" rating in a research report on Monday, October 21st. 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 MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $238.24.

Hilton Worldwide Company 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.