Atria Wealth Solutions Inc. Purchases 97 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Atria Wealth Solutions Inc. grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,044 shares of the company’s stock after buying an additional 97 shares during the period. Atria Wealth Solutions Inc.’s holdings in Hilton Worldwide were worth $736,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of HLT. Deutsche Bank AG grew its position in Hilton Worldwide by 181.1% in the 3rd quarter. Deutsche Bank AG now owns 2,607,803 shares of the company’s stock valued at $391,640,000 after acquiring an additional 1,680,156 shares during the last quarter. Artemis Investment Management LLP purchased a new position in Hilton Worldwide in the 4th quarter worth about $64,221,000. International Assets Investment Management LLC lifted its holdings in Hilton Worldwide by 19,454.9% during the 4th quarter. International Assets Investment Management LLC now owns 296,453 shares of the company’s stock valued at $53,981,000 after buying an additional 294,937 shares in the last quarter. Darsana Capital Partners LP boosted its position in Hilton Worldwide by 14.3% in the 3rd quarter. Darsana Capital Partners LP now owns 2,000,000 shares of the company’s stock valued at $300,360,000 after buying an additional 250,000 shares during the period. Finally, Barclays PLC grew its stake in Hilton Worldwide by 44.4% in the 3rd quarter. Barclays PLC now owns 762,082 shares of the company’s stock worth $114,447,000 after acquiring an additional 234,365 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Christopher J. Nassetta sold 21,489 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider now owns 2,536,478 shares of the company’s stock, valued at $496,338,015.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.50% of the stock is currently owned by insiders.

Hilton Worldwide Trading Up 0.0 %

Shares of Hilton Worldwide stock opened at $197.54 on Friday. The firm’s 50 day simple moving average is $205.76 and its two-hundred day simple moving average is $186.10. The firm has a market capitalization of $49.39 billion, a price-to-earnings ratio of 42.94, a PEG ratio of 1.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 12-month low of $134.43 and a 12-month high of $215.79.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.12. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a negative return on equity of 81.29% and a net margin of 11.41%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.24 EPS. On average, sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.08 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 17th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $0.60 annualized dividend and a yield of 0.30%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on HLT shares. Evercore ISI boosted their price target on Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a report on Wednesday, March 20th. Bank of America increased their price target on Hilton Worldwide from $215.00 to $225.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. Wells Fargo & Company lifted their price objective on Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a report on Wednesday, March 20th. Robert W. Baird increased their target price on shares of Hilton Worldwide from $212.00 to $215.00 and gave the stock an “outperform” rating in a report on Thursday, April 25th. Finally, Macquarie restated a “neutral” rating and issued a $192.00 price target on shares of Hilton Worldwide in a report on Wednesday, April 24th. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $207.59.

Hilton Worldwide 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.