Shelton Capital Management Sells 13,000 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Shelton Capital Management cut its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 28.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,218 shares of the company's stock after selling 13,000 shares during the period. Shelton Capital Management's holdings in Hilton Worldwide were worth $7,963,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Palumbo Wealth Management LLC grew its holdings in 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 acquiring an additional 41 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of 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 during the last quarter. Versant Capital Management Inc increased its holdings 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 in the last quarter. Arkadios Wealth Advisors raised its position in Hilton Worldwide by 2.8% in the 4th quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock worth $444,000 after purchasing an additional 49 shares during the last quarter. Finally, Angeles Wealth Management LLC lifted its holdings in 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 buying an additional 51 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

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Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Jefferies Financial Group dropped their target price on Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Morgan Stanley raised their target price on shares of Hilton Worldwide from $265.00 to $274.00 and gave the company an "overweight" rating in a research note on Tuesday, March 4th. The Goldman Sachs Group reiterated a "neutral" rating and set a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday. Raymond James raised their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. Finally, Mizuho reiterated a "neutral" rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Twelve equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, Hilton Worldwide has a consensus rating of "Hold" and a consensus target price of $248.88.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the firm's stock in a transaction dated 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 completion of the transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.50% of the company's stock.

Hilton Worldwide Stock Performance

NYSE HLT traded down $2.42 during trading hours on Monday, reaching $209.99. 976,793 shares of the company's stock were exchanged, compared to its average volume of 1,708,395. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The company's 50-day moving average is $241.96 and its two-hundred day moving average is $244.28. The company has a market capitalization of $50.32 billion, a price-to-earnings ratio of 34.14, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

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

Hilton Worldwide Announces Dividend

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

About Hilton Worldwide

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.