Masterton Capital Management LP Makes New $3.06 Million Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Masterton Capital Management LP bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the second quarter, Holdings Channel.com reports. The institutional investor bought 14,000 shares of the company’s stock, valued at approximately $3,055,000. Hilton Worldwide accounts for approximately 2.2% of Masterton Capital Management LP’s investment portfolio, making the stock its 16th largest holding.

A number of other institutional investors have also recently bought and sold shares of the business. Gilbert & Cook Inc. increased its stake in Hilton Worldwide by 7.1% in the 4th 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 during the period. Gryphon Financial Partners LLC raised its holdings in shares of Hilton Worldwide by 168.4% during the fourth quarter. Gryphon Financial Partners LLC now owns 4,994 shares of the company’s stock worth $909,000 after acquiring an additional 3,133 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Hilton Worldwide by 2.2% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 9,117 shares of the company’s stock worth $1,660,000 after acquiring an additional 200 shares in the last quarter. US Bancorp DE grew its stake in Hilton Worldwide by 13.8% in the fourth 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 in the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in Hilton Worldwide by 7.1% in 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 during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide stock in a transaction on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares of the company’s stock, valued at $3,460,933. 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.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HLT shares. Truist Financial lowered their price target on Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating for the company in a research note on Thursday, August 8th. Susquehanna began coverage on shares of Hilton Worldwide in a research note on Friday, June 21st. They set a “neutral” rating and a $215.00 price target on the stock. Bank of America lifted their price objective on shares of Hilton Worldwide from $225.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Macquarie increased their target price on shares of Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Finally, Barclays reduced their price target 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. Ten equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $213.95.

Hilton Worldwide Trading Up 0.0 %

Shares of NYSE:HLT opened at $224.67 on Tuesday. The business’s 50 day moving average is $214.96 and its 200-day moving average is $210.16. The firm has a market capitalization of $56.18 billion, a PE ratio of 48.84, a PEG 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.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The company had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the prior year, the company posted $1.63 EPS. The business’s revenue was up 10.9% on a year-over-year basis. On average, sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Stockholders of record on Friday, August 23rd will be issued a $0.15 dividend. The ex-dividend date is Friday, August 23rd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.27%. Hilton Worldwide’s payout ratio is presently 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.