Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Integrated Advisors Network LLC

Integrated Advisors Network LLC lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 9.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,734 shares of the company’s stock after purchasing an additional 308 shares during the period. Integrated Advisors Network LLC’s holdings in Hilton Worldwide were worth $861,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. China Universal Asset Management Co. Ltd. increased its position in shares of Hilton Worldwide by 53.8% during the third quarter. China Universal Asset Management Co. Ltd. now owns 7,635 shares of the company’s stock worth $1,760,000 after purchasing an additional 2,671 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in Hilton Worldwide by 85.7% during the 3rd quarter. Pallas Capital Advisors LLC now owns 1,777 shares of the company’s stock valued at $418,000 after acquiring an additional 820 shares during the last quarter. Nisa Investment Advisors LLC raised its stake in Hilton Worldwide by 17.2% during the 3rd quarter. Nisa Investment Advisors LLC now owns 26,626 shares of the company’s stock valued at $6,137,000 after acquiring an additional 3,910 shares during the last quarter. Baker Tilly Wealth Management LLC raised its stake in Hilton Worldwide by 23.0% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 4,759 shares of the company’s stock valued at $1,097,000 after acquiring an additional 890 shares during the last quarter. Finally, Canoe Financial LP purchased a new stake in Hilton Worldwide during the 3rd quarter valued at approximately $9,915,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of the 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Hilton Worldwide news, insider Laura Fuentes sold 4,919 shares of the 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael W. Duffy sold 14,357 shares of the firm’s stock in a transaction 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 trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.

Hilton Worldwide Price Performance

HLT opened at $238.41 on Thursday. The stock has a market cap of $59.61 billion, a P/E ratio of 51.83, a P/E/G ratio of 2.64 and a beta of 1.31. The stock’s 50 day simple moving average is $226.91 and its 200 day simple moving average is $214.91. Hilton Worldwide Holdings Inc. has a 1-year low of $148.25 and a 1-year high of $240.82.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.85 by $0.07. The business had revenue of $2.87 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 EPS. Research analysts expect that Hilton Worldwide Holdings Inc. will post 7.03 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

Wall Street Analyst Weigh In

Several analysts have commented on HLT shares. Deutsche Bank Aktiengesellschaft reduced their price objective on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating for the company in a research note on Thursday, August 8th. Melius downgraded Hilton Worldwide from a “buy” rating to a “hold” rating in a research note on Monday, October 21st. JPMorgan Chase & Co. upped their price objective on Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a research note on Friday, July 19th. Bank of America increased their target price on Hilton Worldwide from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Evercore ISI increased their target price on Hilton Worldwide from $210.00 to $240.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $228.71.

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.