Commerzbank Aktiengesellschaft FI Increases Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Commerzbank Aktiengesellschaft FI grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 21.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,321 shares of the company’s stock after purchasing an additional 405 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Hilton Worldwide were worth $535,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Massachusetts Financial Services Co. MA increased its holdings in Hilton Worldwide by 36.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 4,754,647 shares of the company’s stock worth $1,037,464,000 after acquiring an additional 1,282,676 shares during the last quarter. Capital World Investors increased its holdings in Hilton Worldwide by 66.3% in the 1st quarter. Capital World Investors now owns 3,127,600 shares of the company’s stock worth $667,148,000 after acquiring an additional 1,246,662 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Hilton Worldwide by 10.5% in the 1st quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the company’s stock worth $1,715,908,000 after acquiring an additional 761,104 shares during the last quarter. PineStone Asset Management Inc. purchased a new stake in Hilton Worldwide in the 2nd quarter worth about $98,607,000. Finally, Fiera Capital Corp increased its holdings in Hilton Worldwide by 6,417.6% in the 2nd quarter. Fiera Capital Corp now owns 442,869 shares of the company’s stock worth $96,634,000 after acquiring an additional 436,074 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HLT has been the subject of several recent research reports. Bank of America lifted their price objective on Hilton Worldwide from $230.00 to $265.00 and gave the stock a “buy” rating in a report on Monday. Macquarie raised their target price on Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. Robert W. Baird set a $235.00 target price on Hilton Worldwide in a research note on Thursday, October 17th. Evercore ISI raised their target price on Hilton Worldwide from $210.00 to $240.00 and gave the stock an “in-line” rating in a research note on Monday. Finally, JPMorgan Chase & Co. raised their target price on Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a research note on Friday, July 19th. Eleven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of “Hold” and an average price target of $221.42.

Insider Activity

In other news, insider Laura Fuentes sold 4,919 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the transaction, the insider now directly owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.50% of the company’s stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $233.53 on Thursday. The business’s 50 day simple moving average is $224.51 and its two-hundred day simple moving average is $213.94. The stock has a market capitalization of $58.39 billion, a P/E ratio of 50.77, a price-to-earnings-growth ratio of 2.60 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a one year low of $147.58 and a one year high of $240.00.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. The business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The business’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.63 EPS. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.05 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, August 23rd were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, August 23rd. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

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.