Sapient Capital LLC Makes New $222,000 Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Sapient Capital LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,217 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds have also added to or reduced their stakes in the company. Chase Investment Counsel Corp bought a new stake in shares of Hilton Worldwide during the 4th quarter valued at approximately $2,480,000. Savoir Faire Capital Management L.P. acquired a new position in shares of Hilton Worldwide during the third quarter worth $4,270,000. International Assets Investment Management LLC boosted its holdings in shares of Hilton Worldwide by 19,454.9% during the 4th quarter. International Assets Investment Management LLC now owns 296,453 shares of the company’s stock valued at $53,981,000 after acquiring an additional 294,937 shares in the last quarter. Syon Capital LLC bought a new stake in Hilton Worldwide during the 4th quarter worth $447,000. Finally, Jennison Associates LLC increased its holdings in Hilton Worldwide by 11.5% in the 4th quarter. Jennison Associates LLC now owns 298,024 shares of the company’s stock worth $54,267,000 after purchasing an additional 30,676 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HLT has been the subject of several analyst reports. Wells Fargo & Company raised their price target on shares of Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 20th. Mizuho reduced their price objective on shares of Hilton Worldwide from $245.00 to $242.00 and set a “buy” rating for the company in a report on Tuesday, April 23rd. Evercore ISI upped their price objective on shares of Hilton Worldwide from $200.00 to $210.00 and gave the stock an “in-line” rating in a research report on Wednesday, March 20th. Bank of America increased their price target on shares of Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, March 15th. Finally, BMO Capital Markets increased 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 report on Wednesday, March 20th. Nine investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $207.59.

Insider Activity at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 21,489 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total value 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 this link. 2.50% of the stock is owned by insiders.

Hilton Worldwide Trading Down 0.2 %

Shares of NYSE:HLT opened at $199.71 on Wednesday. The firm has a 50 day simple moving average of $205.49 and a 200-day simple moving average of $187.59. The company has a market capitalization of $49.94 billion, a PE ratio of 43.42, a P/E/G ratio of 1.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a twelve month low of $134.43 and a twelve month high of $215.79.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.12. The firm had revenue of $2.57 billion during 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 company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the company earned $1.24 earnings per share. As a group, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.08 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

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.