Hilton Worldwide Holdings Inc. (NYSE:HLT) Holdings Lifted by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,261 shares of the company’s stock after purchasing an additional 193 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Hilton Worldwide were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HLT. Principal Financial Group Inc. grew its stake in shares of Hilton Worldwide by 15.3% in the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after purchasing an additional 1,429,537 shares in the last quarter. Captrust Financial Advisors grew its position in Hilton Worldwide by 15.6% in the 3rd quarter. Captrust Financial Advisors now owns 17,105 shares of the company’s stock valued at $3,943,000 after buying an additional 2,306 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in Hilton Worldwide during the 3rd quarter valued at about $578,000. Ascent Group LLC bought a new stake in shares of Hilton Worldwide during the 3rd quarter worth about $1,206,000. Finally, Centiva Capital LP acquired a new stake in shares of Hilton Worldwide in the 3rd quarter worth approximately $740,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Up 1.9 %

NYSE:HLT opened at $231.67 on Thursday. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The firm has a market capitalization of $55.51 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 2.86 and a beta of 1.29. The business’s fifty day moving average price is $249.83 and its 200 day moving average price is $245.21.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share (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%. Equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Friday, February 21st. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Wall Street Analysts Forecast Growth

HLT has been the topic of several recent analyst reports. Wells Fargo & Company boosted their target price on Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Truist Financial cut their price objective on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating for the company in a report on Friday, March 21st. Susquehanna lifted their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Raymond James upped their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Finally, Jefferies Financial Group lifted their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Hilton Worldwide has a consensus rating of “Hold” and an average price target of $254.53.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the business’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 value of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares of the company’s stock, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 2.50% of the stock is currently owned by company insiders.

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.