Natixis Advisors L.P. Increases Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Natixis Advisors L.P. raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.9% during the fourth quarter, HoldingsChannel reports. The firm owned 193,484 shares of the company’s stock after purchasing an additional 5,477 shares during the period. Natixis Advisors L.P.’s holdings in Hilton Worldwide were worth $35,231,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Activest Wealth Management bought a new stake in Hilton Worldwide in the 4th quarter worth approximately $26,000. OFI Invest Asset Management purchased a new position in Hilton Worldwide in the 3rd quarter worth $25,000. McGlone Suttner Wealth Management Inc. purchased a new stake in Hilton Worldwide during the fourth quarter valued at about $37,000. Exchange Traded Concepts LLC bought a new stake in shares of Hilton Worldwide in the 3rd quarter valued at about $31,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in Hilton Worldwide by 494.9% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 232 shares of the company’s stock worth $36,000 after acquiring an additional 193 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Insiders Place Their Bets

In other news, insider Christopher J. Nassetta sold 21,489 shares of the stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $195.68, for a total value of $4,204,967.52. Following the transaction, the insider now owns 2,536,478 shares in the company, valued at approximately $496,338,015.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of HLT traded up $0.01 on Friday, hitting $197.54. 1,853,124 shares of the stock traded hands, compared to its average volume of 1,624,263. Hilton Worldwide Holdings Inc. has a one year low of $134.43 and a one year high of $215.79. The company has a market capitalization of $49.39 billion, a PE ratio of 42.94, a P/E/G ratio of 1.73 and a beta of 1.26. The business has a 50 day simple moving average of $205.76 and a 200 day simple moving average of $186.10.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.12. Hilton Worldwide had a negative return on equity of 81.29% and a net margin of 11.41%. The firm had revenue of $2.57 billion during the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the previous year, the business earned $1.24 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. On average, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.08 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 17th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, May 16th. Hilton Worldwide’s dividend payout ratio is 13.04%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wells Fargo & Company increased their price objective on Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 20th. Robert W. Baird raised their price target on shares of Hilton Worldwide from $212.00 to $215.00 and gave the stock an “outperform” rating in a report on Thursday, April 25th. BMO Capital Markets upped their price objective on shares of Hilton Worldwide from $203.00 to $215.00 and gave the company a “market perform” rating in a research note on Wednesday, March 20th. HSBC raised their target price on Hilton Worldwide from $219.00 to $254.00 and gave the stock a “buy” rating in a research note on Wednesday, April 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Hilton Worldwide from $176.00 to $185.00 and gave the stock a “hold” rating in a report on Thursday, April 25th. Nine equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $207.59.

About Hilton Worldwide

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.