Hilton Worldwide Holdings Inc. (NYSE:HLT) Stock Position Raised by Natixis Advisors L.P.

Natixis Advisors L.P. grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 2.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 193,484 shares of the company’s stock after purchasing an additional 5,477 shares during the period. Natixis Advisors L.P. owned about 0.08% of Hilton Worldwide worth $35,231,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of HLT. Exchange Traded Concepts LLC acquired a new position in Hilton Worldwide in the 3rd quarter worth approximately $31,000. SVB Wealth LLC increased its position in Hilton Worldwide by 24.2% during the third quarter. SVB Wealth LLC now owns 3,283 shares of the company’s stock worth $493,000 after buying an additional 640 shares during the last quarter. Raymond James & Associates raised its holdings in Hilton Worldwide by 9.8% during the third quarter. Raymond James & Associates now owns 266,521 shares of the company’s stock valued at $40,026,000 after buying an additional 23,766 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in Hilton Worldwide by 89.0% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 4,246 shares of the company’s stock worth $638,000 after purchasing an additional 1,999 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new stake in shares of Hilton Worldwide in the third quarter worth $216,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded up $0.01 during trading hours on Friday, hitting $197.54. The company’s stock had a trading volume of 1,853,124 shares, compared to its average volume of 1,624,263. Hilton Worldwide Holdings Inc. has a 12 month low of $134.43 and a 12 month high of $215.79. The company has a market capitalization of $49.39 billion, a PE ratio of 42.94, a price-to-earnings-growth ratio of 1.73 and a beta of 1.26. The stock has a 50 day moving average of $205.76 and a 200 day moving average of $186.10.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its earnings results on Wednesday, April 24th. The company reported $1.53 EPS for the quarter, topping the consensus estimate of $1.41 by $0.12. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same period last year, the company posted $1.24 EPS. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.08 EPS for the current year.

Hilton Worldwide Announces Dividend

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

Insider Activity

In related news, insider Christopher J. Nassetta sold 21,489 shares of the stock in a transaction dated 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 completion of the transaction, the insider now directly owns 2,536,478 shares in the company, valued at $496,338,015.04. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have commented on HLT shares. BMO Capital Markets lifted their price target on Hilton Worldwide from $203.00 to $215.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 20th. Barclays lifted their target price on Hilton Worldwide from $216.00 to $219.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Macquarie reaffirmed a “neutral” rating and issued a $192.00 price target on shares of Hilton Worldwide in a report on Wednesday, April 24th. UBS Group lifted their price objective on Hilton Worldwide from $190.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. Finally, Truist Financial raised their target price on Hilton Worldwide from $199.00 to $209.00 and gave the stock a “hold” rating in a research report on Thursday, April 25th. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $207.59.

View Our Latest Analysis on HLT

About Hilton Worldwide

(Free Report)

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.

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Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

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