Landscape Capital Management L.L.C. lessened its position in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 21.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,060 shares of the company’s stock after selling 816 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Hilton Worldwide were worth $756,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of HLT. Cinctive Capital Management LP acquired a new stake in shares of Hilton Worldwide during the fourth quarter worth about $1,645,000. Huntington National Bank lifted its holdings in Hilton Worldwide by 3.0% during the 4th quarter. Huntington National Bank now owns 41,928 shares of the company’s stock worth $10,363,000 after buying an additional 1,230 shares in the last quarter. Meeder Advisory Services Inc. boosted its position in Hilton Worldwide by 3.2% in the 4th quarter. Meeder Advisory Services Inc. now owns 6,261 shares of the company’s stock valued at $1,547,000 after buying an additional 193 shares during the period. Trexquant Investment LP acquired a new position in shares of Hilton Worldwide in the fourth quarter worth $6,617,000. Finally, Geode Capital Management LLC increased its position in shares of Hilton Worldwide by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 5,910,042 shares of the company’s stock worth $1,456,893,000 after acquiring an additional 67,292 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.
Hilton Worldwide Stock Performance
NYSE HLT opened at $208.72 on Monday. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The firm has a market cap of $50.01 billion, a PE ratio of 33.94, a P/E/G ratio of 2.86 and a beta of 1.19. The firm’s fifty day moving average is $248.39 and its two-hundred day moving average is $245.29.
Hilton Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were given a $0.15 dividend. The ex-dividend date was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. Hilton Worldwide’s dividend payout ratio (DPR) is 9.76%.
Insiders Place Their Bets
In other news, insider Christopher J. Nassetta sold 40,653 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.50% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities research analysts have weighed in on HLT shares. Truist Financial cut their price target on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a report on Friday, March 21st. Morgan Stanley lifted their price objective on shares of Hilton Worldwide from $265.00 to $274.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. increased their target price on Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Wells Fargo & Company lifted their price target on Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Finally, Jefferies Financial Group increased their price objective on Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Eleven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $254.56.
Get Our Latest Stock Report on Hilton Worldwide
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.
See Also
- Five stocks we like better than Hilton Worldwide
- What is the Euro STOXX 50 Index?
- Newsmax’s IPO Whiplash: Meme Stock Hype or Growth Potential?
- How to Invest in Biotech Stocks
- Disney 2025 Shareholders: Major Updates for Investors
- The 3 Best Retail Stocks to Shop for in August
- Advance Auto Parts Stock: A Classic Rebound Play in the Making
Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).
Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.