Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 1,810 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 51,835 shares of the company’s stock after selling 1,810 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hilton Worldwide were worth $12,812,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of HLT. Teacher Retirement System of Texas lifted its holdings in shares of Hilton Worldwide by 768.3% in the 4th quarter. Teacher Retirement System of Texas now owns 14,535 shares of the company’s stock worth $3,592,000 after purchasing an additional 12,861 shares in the last quarter. VSM Wealth Advisory LLC bought a new position in shares of Hilton Worldwide in the 4th quarter worth $28,000. Xponance Inc. lifted its holdings in shares of Hilton Worldwide by 4.4% in the 4th quarter. Xponance Inc. now owns 48,287 shares of the company’s stock worth $11,935,000 after purchasing an additional 2,018 shares in the last quarter. Generali Asset Management SPA SGR bought a new position in shares of Hilton Worldwide in the 4th quarter worth $6,666,000. Finally, Evoke Wealth LLC bought a new position in shares of Hilton Worldwide in the 4th quarter worth $204,000. 95.90% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is owned by corporate insiders.

Hilton Worldwide Stock Performance

Shares of HLT opened at $228.78 on Friday. The business has a 50-day moving average of $252.22 and a 200 day moving average of $244.08. Hilton Worldwide Holdings Inc. has a fifty-two week low of $193.86 and a fifty-two week high of $275.22. The firm has a market cap of $55.04 billion, a P/E ratio of 37.20, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. As a group, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.26%. The ex-dividend date is Friday, February 21st. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.76%.

Wall Street Analysts Forecast Growth

HLT has been the topic of a number of recent research reports. Morgan Stanley increased their target price on Hilton Worldwide from $265.00 to $274.00 and gave the stock an “overweight” rating in a report on Tuesday, March 4th. Raymond James increased their target price on Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. The Goldman Sachs Group increased their price target on Hilton Worldwide from $247.00 to $277.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. Macquarie increased their price target on Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Finally, Mizuho reissued a “neutral” rating and issued a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $254.53.

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.