Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 7.2% in the 3rd quarter, HoldingsChannel reports. The fund owned 3,560 shares of the company’s stock after buying an additional 240 shares during the quarter. Private Advisor Group LLC’s holdings in Hilton Worldwide were worth $820,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. EdgeRock Capital LLC acquired a new position in shares of Hilton Worldwide during the 2nd quarter worth about $33,000. Manchester Capital Management LLC boosted its position in shares of Hilton Worldwide by 247.8% during the 1st quarter. Manchester Capital Management LLC now owns 160 shares of the company’s stock worth $34,000 after acquiring an additional 114 shares in the last quarter. NewSquare Capital LLC acquired a new position in shares of Hilton Worldwide during the 2nd quarter worth about $37,000. Family Firm Inc. acquired a new position in shares of Hilton Worldwide during the 2nd quarter worth about $38,000. Finally, TruNorth Capital Management LLC acquired a new position in shares of Hilton Worldwide during the 2nd quarter worth about $44,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HLT shares. Barclays decreased their target price on Hilton Worldwide from $244.00 to $243.00 and set an “overweight” rating for the company in a research report on Thursday, October 24th. 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 research report on Thursday, August 8th. Evercore ISI upped their target price on Hilton Worldwide from $210.00 to $240.00 and gave the company an “in-line” rating in a research report on Monday, October 21st. Mizuho upped their target price on Hilton Worldwide from $237.00 to $243.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Macquarie upped their target price on Hilton Worldwide from $205.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $228.71.

Hilton Worldwide Trading Up 0.7 %

Shares of HLT stock opened at $236.47 on Friday. The company has a market cap of $57.65 billion, a price-to-earnings ratio of 50.74, a price-to-earnings-growth ratio of 2.95 and a beta of 1.30. The stock has a 50 day simple moving average of $227.67 and a 200-day simple moving average of $215.36. Hilton Worldwide Holdings Inc. has a 12-month low of $148.25 and a 12-month high of $241.24.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.07. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.90 billion. Hilton Worldwide had a negative return on equity of 60.85% and a net margin of 10.70%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.67 EPS. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 15th will be 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 is Friday, November 15th. Hilton Worldwide’s dividend payout ratio is currently 12.88%.

Insider Buying and Selling

In related news, insider Michael W. Duffy sold 14,357 shares of the company’s stock in a transaction that occurred on 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 sale, the insider now owns 22,833 shares in the company, valued at $5,382,423.09. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, insider Michael W. Duffy sold 14,357 shares of the company’s stock in a transaction that occurred on 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 sale, the insider now owns 22,833 shares in the company, valued at $5,382,423.09. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, 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 value of $1,067,423.00. Following the completion of the sale, the insider now owns 15,949 shares in the company, valued at approximately $3,460,933. This 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.

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.