Hilton Worldwide Holdings Inc. (NYSE:HLT) Stock Position Increased by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 768.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,535 shares of the company's stock after acquiring an additional 12,861 shares during the quarter. Teacher Retirement System of Texas' holdings in Hilton Worldwide were worth $3,592,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

HLT has been the topic of a number of recent research reports. Raymond James upped their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a report on Monday, February 10th. Macquarie lifted their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Barclays increased their price target on 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 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Finally, Wells Fargo & Company increased their target price on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. Eleven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $254.53.

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Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the firm's 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 transaction, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 2.50% of the company's stock.

Hilton Worldwide Price Performance

NYSE HLT traded up $2.13 during trading hours on Tuesday, hitting $234.69. The company had a trading volume of 1,882,893 shares, compared to its average volume of 1,530,122. The firm's 50 day moving average is $252.04 and its 200 day moving average is $244.61. The company has a market capitalization of $56.47 billion, a price-to-earnings ratio of 38.16, a P/E/G ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a fifty-two week low of $193.86 and a fifty-two week high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released 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%. On average, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide's dividend payout ratio is presently 9.76%.

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.