Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Bought by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale boosted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 8.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 184,360 shares of the company’s stock after acquiring an additional 14,247 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Hilton Worldwide were worth $42,892,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Massmutual Trust Co. FSB ADV boosted its position in shares of Hilton Worldwide by 4.1% during the third quarter. Massmutual Trust Co. FSB ADV now owns 1,169 shares of the company’s stock worth $269,000 after buying an additional 46 shares during the period. Meadow Creek Wealth Advisors LLC boosted its position in shares of Hilton Worldwide by 4.2% during the third quarter. Meadow Creek Wealth Advisors LLC now owns 1,184 shares of the company’s stock worth $273,000 after buying an additional 48 shares during the period. EP Wealth Advisors LLC boosted its position in shares of Hilton Worldwide by 1.5% during the first quarter. EP Wealth Advisors LLC now owns 3,616 shares of the company’s stock worth $771,000 after buying an additional 54 shares during the period. AA Financial Advisors LLC boosted its position in shares of 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 buying an additional 55 shares during the period. Finally, Lake Street Advisors Group LLC boosted its position in shares of Hilton Worldwide by 3.8% during the third quarter. Lake Street Advisors Group LLC now owns 1,537 shares of the company’s stock worth $354,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Transactions at Hilton Worldwide

In related news, insider Michael W. Duffy sold 14,357 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the transaction, the insider now owns 22,833 shares in the company, valued at $5,382,423.09. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider Michael W. Duffy sold 14,357 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the transaction, the insider now owns 22,833 shares in the company, valued at $5,382,423.09. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Laura Fuentes sold 4,919 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the transaction, the insider now owns 15,949 shares in the company, valued at $3,460,933. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on HLT. Melius lowered Hilton Worldwide from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. Deutsche Bank Aktiengesellschaft decreased their target price on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating for the company in a report on Thursday, August 8th. TD Cowen decreased their target price on Hilton Worldwide from $265.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Barclays decreased their target price on Hilton Worldwide from $244.00 to $243.00 and set an “overweight” rating for the company in a report on Thursday, October 24th. Finally, Wells Fargo & Company decreased their target price on Hilton Worldwide from $237.00 to $232.00 and set an “equal weight” rating for the company in a report on Thursday, October 24th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Hilton Worldwide currently has an average rating of “Hold” and a consensus target price of $228.71.

Hilton Worldwide Stock Performance

HLT opened at $237.17 on Tuesday. The business’s 50-day simple moving average is $225.93 and its 200-day simple moving average is $214.51. Hilton Worldwide Holdings Inc. has a one year low of $148.25 and a one year high of $240.00. The stock has a market capitalization of $59.30 billion, a P/E ratio of 51.56, a price-to-earnings-growth ratio of 2.64 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Wednesday, October 23rd. The company reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.85 by $0.07. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The business had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the previous year, the firm earned $1.67 earnings per share. The business’s revenue was up 7.3% compared to the same quarter last year. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.03 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, November 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s dividend payout ratio (DPR) is currently 13.04%.

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.