Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,514,001 shares of the company’s stock after purchasing an additional 18,321 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Hilton Worldwide were worth $275,684,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Activest Wealth Management acquired a new position in Hilton Worldwide during the 4th quarter worth about $26,000. OFI Invest Asset Management purchased a new position in shares of Hilton Worldwide in the third quarter valued at approximately $25,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Hilton Worldwide in the fourth quarter valued at approximately $37,000. Anchor Investment Management LLC acquired a new stake in Hilton Worldwide during the 4th quarter worth approximately $46,000. Finally, Blue Trust Inc. grew its stake in shares of Hilton Worldwide by 142.5% in the fourth 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 currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on HLT. Bank of America lifted their target price on Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a report on Friday, March 15th. HSBC raised their target price on shares of Hilton Worldwide from $219.00 to $254.00 and gave the company a “buy” rating in a report on Wednesday, April 3rd. Wells Fargo & Company increased 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. UBS Group lifted their price objective on shares of Hilton Worldwide from $190.00 to $237.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Finally, Macquarie restated a “neutral” rating and issued a $192.00 price target on shares of Hilton Worldwide in a research note on Wednesday, April 24th. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $207.59.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $200.39 on Thursday. The stock has a market cap of $50.11 billion, a P/E ratio of 43.56, a P/E/G 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. The firm has a fifty day moving average price of $205.49 and a 200 day moving average price of $187.59.

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

Hilton Worldwide Dividend Announcement

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

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.