5,792 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Acquired by Virtu Financial LLC

Virtu Financial LLC bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the 1st quarter, Holdings Channel.com reports. The fund bought 5,792 shares of the company’s stock, valued at approximately $1,318,000.

Several other hedge funds also recently bought and sold shares of HLT. ORG Partners LLC raised its stake in Hilton Worldwide by 78.7% during the 1st quarter. ORG Partners LLC now owns 168 shares of the company’s stock worth $38,000 after buying an additional 74 shares during the period. Beacon Capital Management LLC raised its position in shares of Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company’s stock worth $40,000 after purchasing an additional 76 shares during the period. Valley National Advisers Inc. lifted its holdings in shares of Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company’s stock valued at $45,000 after purchasing an additional 142 shares in the last quarter. Optiver Holding B.V. grew its position in shares of Hilton Worldwide by 127.1% in the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company’s stock valued at $54,000 after purchasing an additional 122 shares during the period. Finally, Wayfinding Financial LLC bought a new stake in Hilton Worldwide during the 1st quarter worth approximately $54,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on HLT. Barclays reduced their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. Jefferies Financial Group upgraded Hilton Worldwide from a “hold” rating to a “buy” rating and increased their target price for the stock from $228.00 to $296.00 in a report on Monday, May 12th. Robert W. Baird lifted their price target on Hilton Worldwide from $276.00 to $278.00 and gave the company an “outperform” rating in a research note on Thursday, July 24th. Dbs Bank raised Hilton Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 14th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Nine analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $264.40.

Hilton Worldwide Price Performance

Shares of HLT stock opened at $262.47 on Monday. The company has a fifty day moving average price of $262.60 and a two-hundred day moving average price of $248.25. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.46. The stock has a market cap of $61.73 billion, a P/E ratio of 40.32, a P/E/G ratio of 2.58 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.16. The business had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. Hilton Worldwide’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company posted $1.91 earnings per share. As a group, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide’s payout ratio is 9.22%.

Hilton Worldwide 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.