UniSuper Management Pty Ltd Increases Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

UniSuper Management Pty Ltd increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,262 shares of the company's stock after purchasing an additional 1,869 shares during the period. UniSuper Management Pty Ltd's holdings in Hilton Worldwide were worth $20,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HLT. Noble Wealth Management PBC acquired a new position in shares of Hilton Worldwide in the fourth quarter valued at about $27,000. VSM Wealth Advisory LLC bought a new position in shares of Hilton Worldwide during the fourth quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at approximately $34,000. Groupama Asset Managment grew its position in Hilton Worldwide by 37.8% during the third quarter. Groupama Asset Managment now owns 15,025 shares of the company's stock worth $35,000 after buying an additional 4,118 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new position in Hilton Worldwide in the 4th quarter valued at $36,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Barclays raised their price target on Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. JPMorgan Chase & Co. boosted their target price 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. Raymond James increased their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Macquarie upped their target price on Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a research note on Friday, February 7th. Finally, The Goldman Sachs Group upped their price objective on Hilton Worldwide from $247.00 to $277.00 and gave the stock a "buy" rating in a research report on Tuesday, December 10th. Eleven analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $254.53.

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Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the company's 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 transaction, the insider now directly owns 77,383 shares of the company's stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 2.50% of the company's stock.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT traded down $1.62 during trading on Monday, reaching $224.09. The stock had a trading volume of 1,185,589 shares, compared to its average volume of 1,600,963. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The firm's fifty day moving average is $250.94 and its 200 day moving average is $245.15. The stock has a market cap of $53.70 billion, a price-to-earnings ratio of 36.41, a P/E/G ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data 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, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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