ShawSpring Partners LLC Buys 25,017 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

ShawSpring Partners LLC increased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 8.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 314,437 shares of the company's stock after purchasing an additional 25,017 shares during the period. Hilton Worldwide accounts for 10.3% of ShawSpring Partners LLC's investment portfolio, making the stock its 5th biggest position. ShawSpring Partners LLC owned about 0.13% of Hilton Worldwide worth $77,716,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Noble Wealth Management PBC purchased a new stake in Hilton Worldwide in the fourth quarter valued at approximately $27,000. VSM Wealth Advisory LLC purchased a new stake in shares of Hilton Worldwide during the 4th quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Hilton Worldwide during the 4th quarter worth $34,000. Sierra Ocean LLC purchased a new stake in Hilton Worldwide during the fourth quarter valued at about $36,000. Finally, Hopwood Financial Services Inc. purchased a new position in shares of Hilton Worldwide in the 4th quarter worth about $41,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the 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 completion of the transaction, the insider now directly owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Stock Up 0.6 %

HLT stock traded up $1.34 during trading on Friday, hitting $210.43. 2,144,466 shares of the company's stock traded hands, compared to its average volume of 1,728,656. The stock has a fifty day moving average price of $236.33 and a two-hundred day moving average price of $243.38. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The stock has a market capitalization of $50.42 billion, a price-to-earnings ratio of 34.22, a price-to-earnings-growth 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 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, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were paid a $0.15 dividend. The ex-dividend date was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.29%. Hilton Worldwide's payout ratio is currently 9.76%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Barclays boosted their price objective 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. Mizuho reaffirmed a "neutral" rating and issued a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Raymond James boosted their price target on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Susquehanna increased their price objective on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Finally, Morgan Stanley boosted their target price on shares of Hilton Worldwide from $265.00 to $274.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 4th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $248.88.

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.