Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC increased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 12.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,085 shares of the company’s stock after purchasing an additional 450 shares during the period. Fidelis Capital Partners LLC’s holdings in Hilton Worldwide were worth $744,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of HLT. Norges Bank acquired a new stake in shares of Hilton Worldwide in the 4th quarter worth $337,490,000. T. Rowe Price Investment Management Inc. lifted its stake in shares of Hilton Worldwide by 36.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 9,237,885 shares of the company’s stock worth $1,167,300,000 after acquiring an additional 2,480,451 shares during the period. Deutsche Bank AG lifted its stake in shares of Hilton Worldwide by 181.1% in the 3rd quarter. Deutsche Bank AG now owns 2,607,803 shares of the company’s stock worth $391,640,000 after acquiring an additional 1,680,156 shares during the period. Royal Bank of Canada lifted its stake in shares of Hilton Worldwide by 54.7% in the 1st quarter. Royal Bank of Canada now owns 1,840,444 shares of the company’s stock worth $279,270,000 after acquiring an additional 650,540 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Hilton Worldwide by 16.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,200,822 shares of the company’s stock worth $637,433,000 after acquiring an additional 583,516 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. BMO Capital Markets raised their target price on shares of Hilton Worldwide from $203.00 to $215.00 and gave the stock a “market perform” rating in a research note on Wednesday, March 20th. Barclays raised their price objective on shares of Hilton Worldwide from $204.00 to $216.00 and gave the company an “overweight” rating in a research note on Friday. Mizuho began coverage on shares of Hilton Worldwide in a research note on Tuesday, March 26th. They issued a “buy” rating and a $245.00 price objective for the company. Bank of America raised their price objective on shares of Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Finally, Evercore ISI raised their price objective on shares of Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Wednesday, March 20th. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $201.94.

Hilton Worldwide Trading Down 1.0 %

Shares of NYSE HLT traded down $1.90 during midday trading on Friday, reaching $196.92. 235,432 shares of the stock were exchanged, compared to its average volume of 1,427,839. The company has a market capitalization of $49.50 billion, a P/E ratio of 45.48, a P/E/G ratio of 1.77 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 52-week low of $134.43 and a 52-week high of $215.79. The stock has a 50 day moving average price of $205.09 and a 200-day moving average price of $182.74.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, February 7th. The company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.11. Hilton Worldwide had a net margin of 11.15% and a negative return on equity of 94.46%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same period in the previous year, the firm earned $1.59 earnings per share. Hilton Worldwide’s revenue was up 6.8% compared to the same quarter last year. On average, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.06 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, February 23rd were issued a $0.15 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.30%. Hilton Worldwide’s payout ratio is 13.86%.

Insider Activity at Hilton Worldwide

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

About Hilton Worldwide

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.