Harbor Capital Advisors Inc. Purchases 44 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Harbor Capital Advisors Inc. lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 0.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,443 shares of the company’s stock after purchasing an additional 44 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Hilton Worldwide were worth $1,946,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quadrature Capital Ltd purchased a new stake in shares of Hilton Worldwide in the 1st quarter worth about $2,792,000. AIA Group Ltd grew its holdings in Hilton Worldwide by 43.4% in the first quarter. AIA Group Ltd now owns 14,103 shares of the company’s stock worth $3,008,000 after purchasing an additional 4,265 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in shares of Hilton Worldwide by 3.5% during the first quarter. CANADA LIFE ASSURANCE Co now owns 137,675 shares of the company’s stock valued at $29,375,000 after purchasing an additional 4,677 shares in the last quarter. PGGM Investments lifted its holdings in shares of Hilton Worldwide by 337.6% during the second quarter. PGGM Investments now owns 14,378 shares of the company’s stock valued at $3,137,000 after purchasing an additional 11,092 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Hilton Worldwide by 25.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,969 shares of the company’s stock worth $13,219,000 after buying an additional 12,740 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Hilton Worldwide

In related news, insider Michael W. Duffy sold 14,357 shares of the stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total value of $3,384,375.61. Following the completion of the sale, the insider now directly owns 22,833 shares of the company’s stock, valued at approximately $5,382,423.09. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, insider Laura Fuentes sold 4,919 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $217.00, for a total value of $1,067,423.00. Following the transaction, the insider now directly owns 15,949 shares in the company, valued at $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael W. Duffy sold 14,357 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the sale, the insider now owns 22,833 shares of the company’s stock, valued at $5,382,423.09. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Down 1.3 %

NYSE HLT opened at $233.40 on Tuesday. The firm has a market capitalization of $56.90 billion, a P/E ratio of 50.09, a PEG ratio of 2.95 and a beta of 1.30. The company has a 50-day moving average price of $228.03 and a 200-day moving average price of $215.71. Hilton Worldwide Holdings Inc. has a 52 week low of $154.82 and a 52 week high of $241.24.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.07. The business had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.67 EPS. As a group, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Friday, November 15th. Hilton Worldwide’s payout ratio is 12.88%.

Wall Street Analysts Forecast Growth

HLT has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their target price on Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a report on Friday, July 19th. Robert W. Baird raised their price objective on shares of Hilton Worldwide from $235.00 to $236.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Evercore ISI lifted their target price on shares of Hilton Worldwide from $210.00 to $240.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Melius Research reiterated a “hold” rating on shares of Hilton Worldwide in a report on Monday, October 21st. Finally, Bank of America boosted their price objective on shares of Hilton Worldwide from $230.00 to $265.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $228.71.

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.