Nisa Investment Advisors LLC Acquires 3,910 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Nisa Investment Advisors LLC increased its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 17.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,626 shares of the company’s stock after purchasing an additional 3,910 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Hilton Worldwide were worth $6,137,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of HLT. GHP Investment Advisors Inc. bought a new position in Hilton Worldwide during the 3rd quarter worth approximately $25,000. EdgeRock Capital LLC bought a new position in Hilton Worldwide during the second quarter worth $33,000. Manchester Capital Management LLC lifted its holdings in Hilton Worldwide by 247.8% in the first quarter. Manchester Capital Management LLC now owns 160 shares of the company’s stock valued at $34,000 after buying an additional 114 shares during the period. NewSquare Capital LLC bought a new stake in Hilton Worldwide during the second quarter valued at $37,000. Finally, Family Firm Inc. acquired a new stake in Hilton Worldwide during the 2nd quarter worth about $38,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Macquarie upped their target price on Hilton Worldwide from $205.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Robert W. Baird increased their price target on Hilton Worldwide from $235.00 to $236.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, September 18th. They set a “buy” rating and a $245.00 price objective for the company. JPMorgan Chase & Co. boosted their target price on shares of Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a research report on Friday, July 19th. Finally, Wells Fargo & Company reduced their price target on shares of Hilton Worldwide from $237.00 to $232.00 and set an “equal weight” rating for the company in a report on Thursday, October 24th. Eleven analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $228.71.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the transaction, the insider now owns 15,949 shares in the company, valued at $3,460,933. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Michael W. Duffy sold 14,357 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total value of $3,384,375.61. Following the sale, the insider now owns 22,833 shares of the company’s stock, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Laura Fuentes sold 4,919 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the sale, the insider now directly owns 15,949 shares of the company’s stock, valued at $3,460,933. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by company insiders.

Hilton Worldwide Stock Down 1.5 %

Shares of NYSE:HLT opened at $234.85 on Friday. The business’s 50 day moving average is $227.28 and its 200 day moving average is $215.05. Hilton Worldwide Holdings Inc. has a 12-month low of $148.25 and a 12-month high of $241.24. The stock has a market cap of $58.72 billion, a price-to-earnings ratio of 51.05, a PEG ratio of 2.64 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.85 by $0.07. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The firm had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the business posted $1.67 EPS. The business’s revenue was up 7.3% compared to the same quarter last year. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.03 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, November 15th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s dividend payout ratio is presently 13.04%.

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.