Schechter Investment Advisors LLC Purchases 159 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Schechter Investment Advisors LLC grew its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 8.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,104 shares of the company’s stock after buying an additional 159 shares during the quarter. Schechter Investment Advisors LLC’s holdings in Hilton Worldwide were worth $383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. State Street Corp increased its stake in shares of Hilton Worldwide by 3.2% during the 2nd quarter. State Street Corp now owns 10,000,783 shares of the company’s stock worth $1,455,614,000 after purchasing an additional 312,101 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its stake in shares of Hilton Worldwide by 36.7% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 9,237,885 shares of the company’s stock worth $1,167,300,000 after purchasing an additional 2,480,451 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Hilton Worldwide by 0.7% during the 1st quarter. Geode Capital Management LLC now owns 5,486,545 shares of the company’s stock worth $771,113,000 after purchasing an additional 40,576 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Hilton Worldwide by 4.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 4,664,276 shares of the company’s stock worth $657,059,000 after purchasing an additional 190,019 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Hilton Worldwide by 16.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,200,822 shares of the company’s stock worth $637,433,000 after purchasing an additional 583,516 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

NYSE HLT opened at $213.31 on Friday. Hilton Worldwide Holdings Inc. has a 52-week low of $133.76 and a 52-week high of $215.79. The company has a market capitalization of $53.79 billion, a P/E ratio of 49.26, a P/E/G ratio of 1.89 and a beta of 1.25. The company has a fifty day moving average of $200.27 and a 200-day moving average of $176.86.

Hilton Worldwide (NYSE:HLTGet Free Report) last posted its quarterly earnings data on Wednesday, February 7th. The company reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. Hilton Worldwide had a net margin of 11.15% and a negative return on equity of 94.46%. The company had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same period in the previous year, the firm posted $1.59 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. As a group, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.06 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 23rd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend was Thursday, February 22nd. Hilton Worldwide’s dividend payout ratio is presently 13.86%.

Wall Street Analysts Forecast Growth

HLT has been the subject of several research analyst reports. Robert W. Baird raised their price target on shares of Hilton Worldwide from $210.00 to $212.00 and gave the stock an “outperform” rating in a research note on Thursday, March 21st. UBS Group lifted their price objective on shares of Hilton Worldwide from $190.00 to $237.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 20th. Evercore ISI lifted their price objective on shares of Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Wednesday, March 20th. Finally, TD Cowen lifted their price objective on shares of Hilton Worldwide from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, March 20th. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $197.78.

Read Our Latest Stock Analysis on HLT

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the business’s stock in a transaction on Thursday, February 8th. The shares were sold at an average price of $195.68, for a total value of $4,204,967.52. Following the completion of the sale, the insider now directly owns 2,536,478 shares of the company’s stock, valued at $496,338,015.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.40% of the stock is currently owned by insiders.

Hilton Worldwide Profile

(Free Report)

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.

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

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