Integrated Investment Consultants LLC Has $339,000 Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Integrated Investment Consultants LLC decreased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,373 shares of the company’s stock after selling 44 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Hilton Worldwide were worth $339,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in Hilton Worldwide during the third quarter worth $765,000. Franklin Resources Inc. raised its position in Hilton Worldwide by 3.1% during the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after acquiring an additional 121,900 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in Hilton Worldwide during the third quarter worth $38,000. Chartwell Investment Partners LLC raised its position in Hilton Worldwide by 35.8% during the third quarter. Chartwell Investment Partners LLC now owns 28,756 shares of the company’s stock worth $6,628,000 after acquiring an additional 7,583 shares in the last quarter. Finally, Fiduciary Alliance LLC bought a new stake in Hilton Worldwide during the fourth quarter worth $1,246,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Activity

In other news, insider Michael W. Duffy sold 23,366 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $251.66, for a total value of $5,880,287.56. Following the sale, the insider now directly owns 22,833 shares in the company, valued at approximately $5,746,152.78. This trade represents a 50.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

Hilton Worldwide Stock Up 0.0 %

Shares of Hilton Worldwide stock opened at $246.69 on Friday. The company has a market capitalization of $60.14 billion, a price-to-earnings ratio of 52.94, a PEG ratio of 2.69 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 12-month low of $182.86 and a 12-month high of $259.01. The firm’s 50-day moving average price is $249.51 and its two-hundred day moving average price is $232.07.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.07. The firm had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.90 billion. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 earnings per share. On average, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current year.

Hilton Worldwide announced that its board has authorized a share repurchase plan on Thursday, November 14th that authorizes the company to repurchase $3.50 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 5.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, November 15th were paid a dividend of $0.15 per share. The ex-dividend date was Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a yield of 0.24%. Hilton Worldwide’s payout ratio is 12.88%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of Hilton Worldwide from $235.00 to $236.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Evercore ISI increased their price objective on shares of Hilton Worldwide from $210.00 to $240.00 and gave the company an “in-line” rating in a research report on Monday, October 21st. Jefferies Financial Group increased their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. JPMorgan Chase & Co. increased their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. Finally, Melius Research reissued a “hold” rating on shares of Hilton Worldwide in a research report on Monday, October 21st. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Hilton Worldwide currently has an average rating of “Hold” and a consensus target price of $238.24.

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.