Neuburgh Advisers LLC Raises Position in Hilton Hotels Co. (HLT)

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Neuburgh Advisers LLC boosted its position in shares of Hilton Hotels Co. (NYSE:HLT) by 22.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,406 shares of the company’s stock after acquiring an additional 1,936 shares during the period. Neuburgh Advisers LLC’s holdings in Hilton Hotels were worth $747,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Flagship Harbor Advisors LLC grew its stake in shares of Hilton Hotels by 100.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 465 shares of the company’s stock valued at $33,000 after purchasing an additional 233 shares during the period. Lindbrook Capital LLC bought a new stake in shares of Hilton Hotels in the 4th quarter valued at approximately $37,000. We Are One Seven LLC bought a new stake in shares of Hilton Hotels in the 4th quarter valued at approximately $55,000. Exane Derivatives grew its stake in shares of Hilton Hotels by 141.0% in the 4th quarter. Exane Derivatives now owns 976 shares of the company’s stock valued at $70,000 after purchasing an additional 571 shares during the period. Finally, Bell Rock Capital LLC bought a new stake in shares of Hilton Hotels in the 4th quarter valued at approximately $83,000. Hedge funds and other institutional investors own 99.75% of the company’s stock.

In other Hilton Hotels news, insider Kevin J. Jacobs sold 53,023 shares of the company’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $81.30, for a total transaction of $4,310,769.90. Following the transaction, the insider now owns 252,856 shares of the company’s stock, valued at approximately $20,557,192.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.70% of the stock is currently owned by corporate insiders.

NYSE:HLT opened at $85.00 on Friday. Hilton Hotels Co. has a 52-week low of $63.76 and a 52-week high of $85.87. The company has a debt-to-equity ratio of 13.02, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a market cap of $24.43 billion, a price-to-earnings ratio of 30.47, a PEG ratio of 2.57 and a beta of 1.18.

Hilton Hotels (NYSE:HLT) last posted its quarterly earnings data on Wednesday, February 13th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.10. Hilton Hotels had a return on equity of 98.93% and a net margin of 8.58%. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the prior year, the business earned $0.54 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, analysts expect that Hilton Hotels Co. will post 3.76 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 1st will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Thursday, February 28th. Hilton Hotels’s dividend payout ratio is 21.51%.

Several brokerages have recently commented on HLT. Argus raised Hilton Hotels from a “hold” rating to a “buy” rating and set a $96.00 target price on the stock in a report on Thursday. Royal Bank of Canada boosted their target price on Hilton Hotels from $84.00 to $93.00 and gave the stock an “outperform” rating in a report on Tuesday, February 19th. Zacks Investment Research raised Hilton Hotels from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a report on Monday, February 18th. Wells Fargo & Co boosted their target price on Hilton Hotels from $80.00 to $88.00 and gave the stock an “outperform” rating in a report on Thursday, February 14th. Finally, SunTrust Banks boosted their target price on Hilton Hotels to $99.00 and gave the stock an “outperform” rating in a report on Thursday, February 14th. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $86.45.

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Hilton Hotels Profile

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises 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 to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, Hilton Wen'an, and Hilton Grand Vacations brands.

Read More: Book Value Of Equity Per Share – BVPS Explained

Institutional Ownership by Quarter for Hilton Hotels (NYSE:HLT)

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