Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Xponance Inc.

Xponance Inc. trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,535 shares of the company’s stock after selling 1,386 shares during the quarter. Xponance Inc.’s holdings in Hilton Worldwide were worth $7,927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Savoir Faire Capital Management L.P. acquired a new stake in shares of Hilton Worldwide during the 3rd quarter worth about $4,270,000. International Assets Investment Management LLC boosted its stake in shares of Hilton Worldwide by 19,454.9% in the 4th quarter. International Assets Investment Management LLC now owns 296,453 shares of the company’s stock valued at $53,981,000 after buying an additional 294,937 shares during the period. Nordea Investment Management AB boosted its stake in shares of Hilton Worldwide by 6.3% in the 4th quarter. Nordea Investment Management AB now owns 1,674,212 shares of the company’s stock valued at $305,159,000 after buying an additional 98,790 shares during the period. Prime Capital Investment Advisors LLC boosted its stake in shares of Hilton Worldwide by 4.4% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 16,370 shares of the company’s stock valued at $2,981,000 after buying an additional 694 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Hilton Worldwide in the 3rd quarter valued at about $1,276,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Trading Down 2.2 %

NYSE:HLT opened at $194.47 on Friday. The stock’s 50 day simple moving average is $205.13 and its 200-day simple moving average is $183.05. Hilton Worldwide Holdings Inc. has a 12-month low of $134.43 and a 12-month high of $215.79. The firm has a market cap of $48.88 billion, a P/E ratio of 44.91, a PEG ratio of 1.76 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Wednesday, February 7th. The company reported $1.68 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. Hilton Worldwide had a negative return on equity of 94.46% and a net margin of 11.15%. The firm had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the company posted $1.59 earnings per share. Hilton Worldwide’s quarterly revenue was up 6.8% on a year-over-year basis. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.06 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 23rd were given a dividend of $0.15 per share. The ex-dividend date was Thursday, February 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.31%. Hilton Worldwide’s payout ratio is 13.86%.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the business’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the sale, the insider now directly owns 2,536,478 shares in the company, valued at $496,338,015.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.50% of the stock is owned by company insiders.

Analyst Ratings Changes

HLT has been the subject of several recent research reports. Jefferies Financial Group lifted their price objective on Hilton Worldwide from $157.00 to $182.00 and gave the company a “hold” rating in a research note on Tuesday, January 2nd. Barclays lifted their price objective on Hilton Worldwide from $204.00 to $216.00 and gave the company an “overweight” rating in a research note on Friday. Macquarie lifted their price objective on Hilton Worldwide from $190.00 to $192.00 and gave the company a “neutral” rating in a research note on Friday, February 9th. Mizuho initiated coverage on Hilton Worldwide in a research note on Tuesday, March 26th. They set a “buy” rating and a $245.00 target price for the company. Finally, UBS Group boosted their target price on Hilton Worldwide from $190.00 to $237.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Eight investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $201.94.

Hilton Worldwide Company 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.