Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Altshuler Shaham Ltd

Altshuler Shaham Ltd cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 24.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,781 shares of the company’s stock after selling 909 shares during the period. Altshuler Shaham Ltd’s holdings in Hilton Worldwide were worth $687,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Noble Wealth Management PBC acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at approximately $27,000. VSM Wealth Advisory LLC purchased a new position in Hilton Worldwide during the 4th quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth $34,000. Sierra Ocean LLC acquired a new position in shares of Hilton Worldwide during the 4th quarter worth $36,000. Finally, Hopwood Financial Services Inc. bought a new stake in Hilton Worldwide during the fourth quarter worth approximately $41,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 2.50% of the stock is owned by corporate insiders.

Hilton Worldwide Stock Down 0.9 %

Shares of NYSE:HLT opened at $209.41 on Thursday. The firm has a 50 day moving average of $238.64 and a 200 day moving average of $243.65. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The company has a market capitalization of $50.18 billion, a price-to-earnings ratio of 34.05, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. On average, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide’s payout ratio is 9.76%.

Analyst Ratings Changes

Several research analysts recently commented on the company. Truist Financial reduced their target price on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating for the company in a research report on Friday, March 21st. Barclays upped their price objective on Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. Macquarie upped their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Susquehanna raised their price target on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 25th. Finally, Morgan Stanley raised their price objective on Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $248.88.

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.