Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Voya Investment Management LLC

Voya Investment Management LLC lowered its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 19.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 207,574 shares of the company’s stock after selling 49,775 shares during the period. Voya Investment Management LLC’s holdings in Hilton Worldwide were worth $51,304,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Principal Financial Group Inc. boosted its position in Hilton Worldwide by 15.3% during the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after acquiring an additional 1,429,537 shares during the last quarter. Morse Asset Management Inc boosted its holdings in shares of Hilton Worldwide by 3.9% during the 3rd quarter. Morse Asset Management Inc now owns 2,675 shares of the company’s stock worth $617,000 after purchasing an additional 100 shares during the last quarter. Anchor Investment Management LLC grew its position in shares of Hilton Worldwide by 97.0% in the third quarter. Anchor Investment Management LLC now owns 465 shares of the company’s stock valued at $107,000 after purchasing an additional 229 shares in the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in shares of Hilton Worldwide in the third quarter valued at approximately $669,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Hilton Worldwide during the third quarter worth approximately $765,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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 stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the completion of the transaction, the insider now directly 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 2.60% of the company’s stock.

Hilton Worldwide Trading Up 0.2 %

HLT stock opened at $219.72 on Friday. The business’s fifty day moving average price is $230.86 and its 200 day moving average price is $242.74. Hilton Worldwide Holdings Inc. has a 12-month low of $194.93 and a 12-month high of $275.22. The company has a market capitalization of $52.65 billion, a PE ratio of 35.73, a P/E/G ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT) last issued 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%. Research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.27%. Hilton Worldwide’s dividend payout ratio is presently 9.76%.

Analysts Set New Price Targets

Several brokerages have issued reports on HLT. Barclays dropped their target price on Hilton Worldwide from $287.00 to $233.00 and set an “overweight” rating for the company in a report on Tuesday. Wells Fargo & Company raised their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 4th. Mizuho reaffirmed a “neutral” rating and set a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Macquarie increased their price target on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Finally, Evercore ISI reduced their price target on shares of Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating on the stock in a research report on Wednesday. Twelve analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Hilton Worldwide presently has an average rating of “Hold” and a consensus price target of $243.75.

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.