Souders Financial Advisors Acquires 243 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Souders Financial Advisors increased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,795 shares of the company’s stock after buying an additional 243 shares during the quarter. Souders Financial Advisors’ holdings in Hilton Worldwide were worth $4,101,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Hilton Worldwide by 2.2% in 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 in the last quarter. Stifel Financial Corp raised its holdings in Hilton Worldwide by 9.8% during the 4th quarter. Stifel Financial Corp now owns 88,538 shares of the company’s stock valued at $16,123,000 after acquiring an additional 7,895 shares during the period. TFO Wealth Partners LLC grew its position in Hilton Worldwide by 40,066.7% in the fourth quarter. TFO Wealth Partners LLC now owns 1,205 shares of the company’s stock worth $219,000 after acquiring an additional 1,202 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth about $1,773,000. Finally, NEOS Investment Management LLC boosted its holdings in shares of Hilton Worldwide by 14.5% during the fourth quarter. NEOS Investment Management LLC now owns 5,216 shares of the company’s stock worth $950,000 after purchasing an additional 659 shares during the period. Institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on HLT shares. Robert W. Baird reduced their price target on shares of Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Bank of America upped their price target 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. JPMorgan Chase & Co. increased their price target on shares of Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a report on Friday, July 19th. Truist Financial decreased their price target on shares of Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating on the stock in a research note on Thursday, August 8th. Finally, Susquehanna started 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 on the stock. Ten equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $213.95.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of the company’s stock in a transaction that occurred 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 owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

Hilton Worldwide Stock Down 1.6 %

Shares of HLT stock opened at $230.51 on Tuesday. Hilton Worldwide Holdings Inc. has a 52 week low of $146.35 and a 52 week high of $235.67. The stock has a market capitalization of $57.64 billion, a PE ratio of 50.11, a P/E/G ratio of 2.46 and a beta of 1.31. The firm has a 50 day moving average of $215.91 and a two-hundred day moving average of $211.01.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.05. The company had revenue of $2.95 billion for the quarter, compared to the consensus estimate of $2.90 billion. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The company’s revenue for the quarter was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.63 earnings per share. Analysts expect that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

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.