Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Walleye Capital LLC

Walleye Capital LLC reduced its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTGet Rating) by 25.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,613 shares of the company’s stock after selling 5,034 shares during the period. Walleye Capital LLC’s holdings in Hilton Worldwide were worth $2,217,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in Hilton Worldwide by 2.2% in the first quarter. Vanguard Group Inc. now owns 25,683,918 shares of the company’s stock valued at $3,897,277,000 after buying an additional 552,618 shares during the period. Capital Research Global Investors raised its holdings in Hilton Worldwide by 15.2% in the first quarter. Capital Research Global Investors now owns 13,494,051 shares of the company’s stock valued at $2,047,619,000 after buying an additional 1,781,374 shares during the period. State Street Corp raised its holdings in Hilton Worldwide by 3.3% in the fourth quarter. State Street Corp now owns 10,938,463 shares of the company’s stock valued at $1,706,291,000 after buying an additional 347,572 shares during the period. Principal Financial Group Inc. raised its holdings in Hilton Worldwide by 3.8% in the first quarter. Principal Financial Group Inc. now owns 8,585,494 shares of the company’s stock valued at $1,302,763,000 after buying an additional 311,316 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Hilton Worldwide by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 4,975,685 shares of the company’s stock valued at $774,043,000 after buying an additional 156,832 shares during the period. 95.53% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Matthew W. Schuyler sold 3,000 shares of the company’s stock in a transaction on Monday, July 18th. The stock was sold at an average price of $120.00, for a total transaction of $360,000.00. Following the transaction, the insider now owns 253,714 shares of the company’s stock, valued at $30,445,680. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.40% of the stock is currently owned by insiders.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $130.80 on Friday. The stock’s fifty day moving average is $128.24 and its 200-day moving average is $135.25. The stock has a market capitalization of $35.88 billion, a PE ratio of 37.91, a PEG ratio of 0.60 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 52 week low of $108.41 and a 52 week high of $167.99.

Hilton Worldwide (NYSE:HLTGet Rating) last issued its quarterly earnings results on Wednesday, July 27th. The company reported $1.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.24. Hilton Worldwide had a negative return on equity of 114.54% and a net margin of 12.83%. The business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.10 billion. During the same quarter in the prior year, the firm posted $0.56 earnings per share. The firm’s revenue for the quarter was up 68.5% compared to the same quarter last year. As a group, analysts forecast that Hilton Worldwide Holdings Inc. will post 4.39 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 23rd. Stockholders of record on Friday, August 26th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Thursday, August 25th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 17.39%.

Analysts Set New Price Targets

Several research analysts recently commented on HLT shares. Deutsche Bank Aktiengesellschaft cut their price target on shares of Hilton Worldwide from $141.00 to $120.00 in a report on Thursday, July 28th. Barclays started coverage on shares of Hilton Worldwide in a research report on Tuesday, June 28th. They issued an “equal weight” rating and a $125.00 price objective for the company. Evercore ISI raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating and lowered their price objective for the company from $155.00 to $150.00 in a research report on Monday, July 11th. Berenberg Bank raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and raised their price target for the stock from $140.00 to $152.00 in a research report on Thursday. Finally, UBS Group lifted their price objective on shares of Hilton Worldwide from $157.00 to $159.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $151.06.

About Hilton Worldwide

(Get Rating)

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. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Tempo by Hilton, Motto by Hilton, Signia by Hilton, Hilton Hotels & Resorts, Curio 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, and Hilton Grand Vacations.

Featured Stories

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

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.