Tower Research Capital LLC TRC Purchases 6,775 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Tower Research Capital LLC TRC raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 106.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 13,119 shares of the company's stock after acquiring an additional 6,775 shares during the period. Tower Research Capital LLC TRC's holdings in Hilton Worldwide were worth $3,242,000 as of its most recent filing with the SEC.

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

Hilton Worldwide Stock Up 0.2 %

NYSE:HLT traded up $0.36 during trading hours on Friday, hitting $219.72. 1,591,546 shares of the company's stock traded hands, compared to its average volume of 1,720,272. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The business's fifty day simple moving average is $230.86 and its two-hundred day simple moving average is $242.74. The firm has a market cap of $52.65 billion, a P/E ratio of 35.73, a P/E/G ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, beating 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, analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's dividend payout ratio is currently 9.76%.

Insider Buying and Selling

In other news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the sale, the insider now directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of recent analyst reports. The Goldman Sachs Group reiterated a "neutral" rating and set a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Mizuho reaffirmed a "neutral" rating and issued a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Raymond James raised their target price on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Jefferies Financial Group cut their price target on Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Finally, Barclays dropped their price objective on shares of Hilton Worldwide from $287.00 to $233.00 and set an "overweight" rating on the stock in a report on Tuesday. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average 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.