Valeo Financial Advisors LLC Invests $217,000 in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Valeo Financial Advisors LLC acquired a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,192 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Drive Wealth Management LLC grew its stake in Hilton Worldwide by 4.9% in the 4th quarter. Drive Wealth Management LLC now owns 1,399 shares of the company’s stock valued at $255,000 after acquiring an additional 65 shares during the period. Raymond James Trust N.A. boosted its stake in Hilton Worldwide by 2.3% during the 4th quarter. Raymond James Trust N.A. now owns 3,165 shares of the company’s stock worth $576,000 after purchasing an additional 71 shares during the last quarter. Prime Capital Investment Advisors LLC boosted its stake in Hilton Worldwide by 0.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 15,676 shares of the company’s stock worth $2,354,000 after purchasing an additional 92 shares during the last quarter. DAVENPORT & Co LLC boosted its stake in Hilton Worldwide by 6.4% during the 4th quarter. DAVENPORT & Co LLC now owns 1,575 shares of the company’s stock worth $287,000 after purchasing an additional 95 shares during the last quarter. Finally, Allworth Financial LP boosted its stake in Hilton Worldwide by 21.5% during the 3rd quarter. Allworth Financial LP now owns 542 shares of the company’s stock worth $81,000 after purchasing an additional 96 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

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 dated Thursday, February 8th. The shares were sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the sale, the insider now directly owns 2,536,478 shares in the company, valued at $496,338,015.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HLT. Mizuho began coverage on shares of Hilton Worldwide in a research note on Tuesday, March 26th. They set a “buy” rating and a $245.00 target price on the stock. Macquarie lifted their target price on shares of Hilton Worldwide from $190.00 to $192.00 and gave the stock a “neutral” rating in a research note on Friday, February 9th. Evercore ISI lifted their price target on Hilton Worldwide from $200.00 to $210.00 and gave the stock an “in-line” rating in a report on Wednesday, March 20th. TD Cowen lifted their price target on Hilton Worldwide from $215.00 to $230.00 and gave the stock an “outperform” rating in a report on Wednesday, March 20th. Finally, Barclays lifted their price target on Hilton Worldwide from $200.00 to $204.00 and gave the stock an “overweight” rating in a report on Thursday, February 8th. Eight analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.28.

Hilton Worldwide Trading Down 1.0 %

Shares of HLT opened at $202.47 on Wednesday. The firm has a market cap of $50.89 billion, a P/E ratio of 46.76, a price-to-earnings-growth ratio of 1.81 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 12-month low of $134.43 and a 12-month high of $215.79. The company’s 50-day moving average price is $204.91 and its 200 day moving average price is $182.50.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results 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. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.61 billion. Hilton Worldwide had a net margin of 11.15% and a negative return on equity of 94.46%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.59 earnings per share. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.06 earnings per share for the current 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 dividend of $0.15 per share. The ex-dividend date of this dividend was Thursday, February 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.30%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.86%.

About Hilton Worldwide

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.