Unigestion Holding SA Acquires Shares of 1,900 Hilton Worldwide Holdings Inc. (NYSE:HLT)

Unigestion Holding SA purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,900 shares of the company's stock, valued at approximately $470,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HLT. Wilmington Savings Fund Society FSB bought a new stake in shares of Hilton Worldwide during the 3rd quarter valued at $765,000. Jones Financial Companies Lllp grew its holdings in Hilton Worldwide by 194.8% in the fourth quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock worth $651,000 after purchasing an additional 1,740 shares during the period. Amundi lifted its holdings in shares of Hilton Worldwide by 24.2% during the fourth quarter. Amundi now owns 953,938 shares of the company's stock valued at $232,098,000 after purchasing an additional 185,765 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Hilton Worldwide by 2.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock worth $55,774,000 after purchasing an additional 4,846 shares in the last quarter. Finally, Franklin Resources Inc. grew its stake in shares of Hilton Worldwide by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock worth $1,012,069,000 after buying an additional 121,900 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction that occurred 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 sale, the insider now owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.50% of the company's stock.

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Hilton Worldwide Price Performance

Shares of NYSE:HLT traded up $2.52 during midday trading on Friday, hitting $212.44. The company had a trading volume of 2,751,839 shares, compared to its average volume of 1,710,414. Hilton Worldwide Holdings Inc. has a 12-month low of $193.86 and a 12-month high of $275.22. The company has a fifty day moving average of $241.96 and a two-hundred day moving average of $244.21. The company has a market cap of $50.90 billion, a price-to-earnings ratio of 34.54, a PEG 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, 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%. Research analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.28%. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.76%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Morgan Stanley boosted their target price on Hilton Worldwide from $265.00 to $274.00 and gave the stock an "overweight" rating in a report on Tuesday, March 4th. JPMorgan Chase & Co. increased their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a "neutral" rating in a research report on Friday, December 13th. Barclays lifted their target price on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. Jefferies Financial Group reduced their price target on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company upped their price objective on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 4th. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $251.50.

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.