Everpar Advisors LLC Makes New $241,000 Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Everpar Advisors LLC acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,323 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors have also made changes to their positions in HLT. Activest Wealth Management acquired a new stake in Hilton Worldwide during the 4th quarter valued at approximately $26,000. OFI Invest Asset Management acquired a new stake in shares of Hilton Worldwide during the third quarter worth approximately $25,000. McGlone Suttner Wealth Management Inc. bought a new stake in shares of Hilton Worldwide in the fourth quarter worth $37,000. Anchor Investment Management LLC acquired a new stake in Hilton Worldwide in the fourth quarter valued at $46,000. Finally, Blue Trust Inc. grew its holdings in Hilton Worldwide by 142.5% during the 4th quarter. Blue Trust Inc. now owns 257 shares of the company’s stock worth $47,000 after acquiring an additional 151 shares in the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $200.39 on Thursday. The business’s fifty day moving average price is $205.49 and its two-hundred day moving average price is $187.59. The company has a market capitalization of $50.11 billion, a P/E ratio of 43.56, a PEG ratio of 1.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 1-year low of $134.43 and a 1-year high of $215.79.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.12. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a negative return on equity of 81.29% and a net margin of 11.41%. The firm’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.24 EPS. On average, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.08 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 17th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, May 16th. Hilton Worldwide’s payout ratio is currently 13.04%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Barclays increased their price target on shares of Hilton Worldwide from $216.00 to $219.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Mizuho decreased their target price on Hilton Worldwide from $245.00 to $242.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. BMO Capital Markets raised their price objective on Hilton Worldwide from $203.00 to $215.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 20th. Macquarie reissued a “neutral” rating and set a $192.00 target price on shares of Hilton Worldwide in a report on Wednesday, April 24th. Finally, Wells Fargo & Company boosted their price objective on shares of Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 20th. Nine analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, Hilton Worldwide has a consensus rating of “Moderate Buy” and a consensus price target of $207.59.

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.