Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Graypoint LLC

Graypoint LLC raised its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 11.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,633 shares of the company’s stock after purchasing an additional 165 shares during the quarter. Graypoint LLC’s holdings in Hilton Worldwide were worth $297,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Drive Wealth Management LLC boosted its holdings in shares of Hilton Worldwide by 4.9% in the 4th quarter. Drive Wealth Management LLC now owns 1,399 shares of the company’s stock valued at $255,000 after acquiring an additional 65 shares during the last quarter. Raymond James Trust N.A. boosted its holdings in Hilton Worldwide by 2.3% during the fourth quarter. Raymond James Trust N.A. now owns 3,165 shares of the company’s stock worth $576,000 after buying an additional 71 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in Hilton Worldwide by 0.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 15,676 shares of the company’s stock worth $2,354,000 after buying an additional 92 shares in the last quarter. DAVENPORT & Co LLC boosted its holdings in Hilton Worldwide by 6.4% during the fourth quarter. DAVENPORT & Co LLC now owns 1,575 shares of the company’s stock worth $287,000 after buying an additional 95 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in Hilton Worldwide by 21.5% during the third quarter. Allworth Financial LP now owns 542 shares of the company’s stock valued at $81,000 after purchasing an additional 96 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Wells Fargo & Company increased their target price on shares of Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 20th. HSBC raised their price objective on shares of Hilton Worldwide from $219.00 to $254.00 and gave the stock a “buy” rating in a research report on Wednesday, April 3rd. Barclays lifted their price target on shares of Hilton Worldwide from $200.00 to $204.00 and gave the company an “overweight” rating in a research report on Thursday, February 8th. BMO Capital Markets lifted their price target on shares of Hilton Worldwide from $203.00 to $215.00 and gave the company a “market perform” rating in a research report on Wednesday, March 20th. Finally, Evercore ISI raised their price objective on shares of Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Wednesday, March 20th. Eight investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hilton Worldwide currently has an average rating of “Moderate Buy” and an average price target of $201.28.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the firm’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the sale, the insider now directly owns 2,536,478 shares of the company’s stock, valued at approximately $496,338,015.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.50% of the stock is owned by corporate insiders.

Hilton Worldwide Trading Down 0.3 %

Shares of NYSE HLT opened at $204.43 on Tuesday. The stock has a market cap of $51.38 billion, a price-to-earnings ratio of 47.21, a PEG ratio of 1.81 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 52 week low of $134.43 and a 52 week high of $215.79. The company’s 50-day moving average price is $204.76 and its 200 day moving average price is $182.13.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Wednesday, February 7th. The company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.11. The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.61 billion. Hilton Worldwide had a net margin of 11.15% and a negative return on equity of 94.46%. The firm’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.59 EPS. As a group, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.06 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 23rd were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, February 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.29%. Hilton Worldwide’s dividend payout ratio is currently 13.86%.

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.