Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Bokf Na

Bokf Na increased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 53.6% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 9,598 shares of the company’s stock after acquiring an additional 3,350 shares during the period. Bokf Na’s holdings in Hilton Worldwide were worth $2,094,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HLT. Principal Financial Group Inc. increased its stake in Hilton Worldwide by 2.1% during the 2nd quarter. Principal Financial Group Inc. now owns 9,326,879 shares of the company’s stock worth $2,035,125,000 after buying an additional 190,429 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Hilton Worldwide by 10.5% in the first quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the company’s stock worth $1,715,908,000 after acquiring an additional 761,104 shares in the last quarter. Putnam Investments LLC boosted its holdings in Hilton Worldwide by 6.0% in the fourth quarter. Putnam Investments LLC now owns 3,826,023 shares of the company’s stock valued at $696,680,000 after purchasing an additional 216,219 shares during the last quarter. Capital World Investors increased its holdings in Hilton Worldwide by 66.3% during the 1st quarter. Capital World Investors now owns 3,127,600 shares of the company’s stock worth $667,148,000 after purchasing an additional 1,246,662 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at approximately $475,073,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $216.82 on Friday. The firm has a market capitalization of $53.43 billion, a PE ratio of 47.13, a price-to-earnings-growth ratio of 2.32 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a 1 year low of $146.00 and a 1 year high of $229.03. The stock has a fifty day moving average of $214.48 and a two-hundred day moving average of $209.34.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, August 7th. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.86 by $0.05. The firm had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. Hilton Worldwide’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $1.63 EPS. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.05 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 27th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.28%. The ex-dividend date is Friday, August 23rd. Hilton Worldwide’s payout ratio is currently 13.04%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HLT. Susquehanna assumed coverage on shares of Hilton Worldwide in a research note on Friday, June 21st. They issued a “neutral” rating and a $215.00 price target for the company. Bank of America increased their price target on shares of Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft cut their price objective on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. Truist Financial decreased their target price on Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating for the company in a research report on Thursday, August 8th. Finally, Macquarie upped their price target on Hilton Worldwide from $205.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $212.22.

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.