Hilton Worldwide Holdings Inc. (NYSE:HLT) Stock Position Lifted by NBC Securities Inc.

NBC Securities Inc. grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 16.8% in the third quarter, Holdings Channel.com reports. The fund owned 425 shares of the company’s stock after buying an additional 61 shares during the period. NBC Securities Inc.’s holdings in Hilton Worldwide were worth $98,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Massmutual Trust Co. FSB ADV increased its stake in Hilton Worldwide by 4.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 1,169 shares of the company’s stock valued at $269,000 after purchasing an additional 46 shares during the last quarter. Independence Bank of Kentucky boosted its holdings in shares of Hilton Worldwide by 66.7% in the 1st quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock valued at $27,000 after buying an additional 50 shares during the period. EP Wealth Advisors LLC grew its position in shares of Hilton Worldwide by 1.5% during the 1st quarter. EP Wealth Advisors LLC now owns 3,616 shares of the company’s stock valued at $771,000 after buying an additional 54 shares during the last quarter. AA Financial Advisors LLC raised its stake in Hilton Worldwide by 4.0% during the second quarter. AA Financial Advisors LLC now owns 1,434 shares of the company’s stock worth $313,000 after acquiring an additional 55 shares during the period. Finally, Holderness Investments Co. lifted its holdings in Hilton Worldwide by 5.2% in the second quarter. Holderness Investments Co. now owns 1,205 shares of the company’s stock worth $263,000 after acquiring an additional 60 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HLT has been the topic of a number of research reports. Macquarie increased their price target on Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Robert W. Baird set a $235.00 target price on Hilton Worldwide in a research note on Thursday. Barclays upped their price target on shares of Hilton Worldwide from $224.00 to $244.00 and gave the stock an “overweight” rating in a research report on Friday. Truist Financial cut their price objective on shares of Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th. Finally, The Goldman Sachs Group assumed coverage on shares of Hilton Worldwide in a research report on Wednesday, September 18th. They issued a “buy” rating and a $245.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and an average target price of $216.05.

Hilton Worldwide Trading Up 0.1 %

Shares of Hilton Worldwide stock opened at $238.81 on Monday. Hilton Worldwide Holdings Inc. has a 52 week low of $146.36 and a 52 week high of $240.00. The company’s 50-day moving average price is $222.71 and its two-hundred day moving average price is $213.42. The stock has a market cap of $59.71 billion, a PE ratio of 51.92, a price-to-earnings-growth ratio of 2.60 and a beta of 1.31.

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 business had revenue of $2.95 billion during the quarter, compared to analyst estimates of $2.90 billion. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The business’s quarterly revenue was up 10.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.63 earnings per share. On average, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, August 23rd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date was Friday, August 23rd. Hilton Worldwide’s payout ratio is 13.04%.

Insider Transactions at Hilton Worldwide

In related news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide 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 transaction, the insider now owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is owned by insiders.

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.