Sustainable Insight Capital Management LLC Has $5.05 Million Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Sustainable Insight Capital Management LLC raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 19.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 21,900 shares of the company's stock after acquiring an additional 3,500 shares during the period. Hilton Worldwide makes up 2.3% of Sustainable Insight Capital Management LLC's holdings, making the stock its 13th largest position. Sustainable Insight Capital Management LLC's holdings in Hilton Worldwide were worth $5,048,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. GHP Investment Advisors Inc. bought a new position in Hilton Worldwide in the third quarter valued at approximately $25,000. EdgeRock Capital LLC bought a new position in Hilton Worldwide in the 2nd quarter valued at approximately $33,000. NewSquare Capital LLC bought a new position in shares of Hilton Worldwide during the second quarter worth about $37,000. Family Firm Inc. bought a new stake in shares of Hilton Worldwide during the 2nd quarter valued at about $38,000. Finally, TruNorth Capital Management LLC acquired a new stake in shares of Hilton Worldwide in the 2nd quarter valued at about $44,000. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Up 0.6 %

Shares of HLT traded up $1.42 during mid-day trading on Friday, hitting $247.65. The company's stock had a trading volume of 2,392,593 shares, compared to its average volume of 1,404,231. The firm has a 50-day simple moving average of $230.10 and a 200 day simple moving average of $216.92. The firm has a market capitalization of $60.37 billion, a P/E ratio of 53.14, a P/E/G ratio of 3.10 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 1-year low of $156.28 and a 1-year high of $249.36.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.92 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.07. The firm had revenue of $2.87 billion during the quarter, compared to analysts' expectations of $2.90 billion. Hilton Worldwide had a negative return on equity of 60.85% and a net margin of 10.70%. The firm's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.67 EPS. As a group, sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Analyst Upgrades and Downgrades

HLT has been the subject of several analyst reports. Robert W. Baird increased their price objective on shares of Hilton Worldwide from $235.00 to $236.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Melius downgraded shares of Hilton Worldwide from a "buy" rating to a "hold" rating in a research note on Monday, October 21st. JPMorgan Chase & Co. upped their target price on Hilton Worldwide from $200.00 to $216.00 and gave the stock a "neutral" rating in a report on Friday, July 19th. Bank of America increased their price objective on shares of Hilton Worldwide from $230.00 to $265.00 and gave the company a "buy" rating in a research report on Monday, October 21st. Finally, Barclays cut their target price 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. Eleven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $228.71.

Insider Buying and Selling

In related news, insider Michael W. Duffy sold 14,357 shares of the business's stock in a transaction dated 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 in the company, 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 legal filing with the SEC, which can be accessed through this link. In other Hilton Worldwide news, insider Michael W. Duffy sold 14,357 shares of Hilton Worldwide stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total value of $3,384,375.61. Following the completion of the transaction, the insider now owns 22,833 shares of the company's stock, valued at $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 SEC, which is available through this link. Also, insider Laura Fuentes sold 4,919 shares of the firm's stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the sale, the insider now directly owns 15,949 shares in the company, valued at approximately $3,460,933. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by corporate insiders.

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.