AQR Capital Management LLC Purchases 163,625 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

AQR Capital Management LLC boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 167.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 261,062 shares of the company’s stock after purchasing an additional 163,625 shares during the period. AQR Capital Management LLC’s holdings in Hilton Worldwide were worth $56,468,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Gilbert & Cook Inc. boosted its stake in Hilton Worldwide by 7.1% in the fourth quarter. Gilbert & Cook Inc. now owns 6,521 shares of the company’s stock valued at $1,187,000 after buying an additional 433 shares in the last quarter. Gryphon Financial Partners LLC boosted its stake in shares of Hilton Worldwide by 168.4% in the 4th quarter. Gryphon Financial Partners LLC now owns 4,994 shares of the company’s stock valued at $909,000 after purchasing an additional 3,133 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Hilton Worldwide by 2.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 9,117 shares of the company’s stock valued at $1,660,000 after purchasing an additional 200 shares during the last quarter. US Bancorp DE grew its holdings in shares of Hilton Worldwide by 13.8% during the 4th quarter. US Bancorp DE now owns 14,582 shares of the company’s stock valued at $2,655,000 after purchasing an additional 1,763 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in Hilton Worldwide by 7.1% during the 4th quarter. Orion Portfolio Solutions LLC now owns 8,271 shares of the company’s stock worth $1,507,000 after purchasing an additional 545 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Activity

In other news, insider Laura Fuentes sold 4,919 shares of the firm’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the sale, the insider now directly owns 15,949 shares in the company, valued at approximately $3,460,933. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.50% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $234.37 on Friday. The business’s 50-day moving average is $215.40 and its 200-day moving average is $210.59. Hilton Worldwide Holdings Inc. has a 1 year low of $146.35 and a 1 year high of $235.67. The company has a market capitalization of $58.60 billion, a price-to-earnings ratio of 50.95, a P/E/G ratio of 2.46 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 negative return on equity of 69.65% and a net margin of 11.20%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.63 EPS. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, August 23rd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.26%. The ex-dividend date was Friday, August 23rd. Hilton Worldwide’s dividend payout ratio (DPR) is currently 13.04%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HLT shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. Barclays dropped their target price on Hilton Worldwide from $228.00 to $224.00 and set an “overweight” rating for the company in a research report on Thursday, August 8th. Bank of America boosted their price target on Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a report on Monday, July 22nd. JPMorgan Chase & Co. raised their price objective on shares of Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a report on Friday, July 19th. Finally, The Goldman Sachs Group began coverage on shares of Hilton Worldwide in a report on Wednesday, September 18th. They set a “buy” rating and a $245.00 target price on the stock. Ten analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and an average price target of $213.95.

Hilton Worldwide Company 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.