TD Waterhouse Canada Inc. Acquires 1,541 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

TD Waterhouse Canada Inc. grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 30.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,653 shares of the company's stock after buying an additional 1,541 shares during the period. TD Waterhouse Canada Inc.'s holdings in Hilton Worldwide were worth $1,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of HLT. Principal Financial Group Inc. boosted its holdings in shares of Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after purchasing an additional 1,429,537 shares during the last quarter. Morse Asset Management Inc grew its holdings in Hilton Worldwide by 3.9% during the 3rd quarter. Morse Asset Management Inc now owns 2,675 shares of the company's stock valued at $617,000 after buying an additional 100 shares in the last quarter. Anchor Investment Management LLC increased its stake in Hilton Worldwide by 97.0% in the 3rd quarter. Anchor Investment Management LLC now owns 465 shares of the company's stock worth $107,000 after acquiring an additional 229 shares during the last quarter. Eaton Financial Holdings Company LLC purchased a new stake in shares of Hilton Worldwide during the 3rd quarter worth approximately $669,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Hilton Worldwide during the 3rd quarter valued at approximately $765,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $215.61 on Thursday. Hilton Worldwide Holdings Inc. has a fifty-two week low of $194.93 and a fifty-two week high of $275.22. The company has a market capitalization of $51.66 billion, a PE ratio of 35.06, a P/E/G ratio of 2.86 and a beta of 1.19. The company has a 50 day moving average price of $232.77 and a 200-day moving average price of $242.93.

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

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a $0.15 dividend. The ex-dividend date was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. Hilton Worldwide's dividend payout ratio is currently 9.76%.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction on 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 directly owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.60% of the company's stock.

Analysts Set New Price Targets

HLT has been the subject of several research reports. Raymond James increased their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Wells Fargo & Company increased their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Morgan Stanley reduced their price objective on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday. Evercore ISI dropped their target price on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a report on Wednesday. Finally, Truist Financial lowered their price target on Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating for the company in a research report on Friday, March 21st. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $243.75.

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.

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