Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by South Street Advisors LLC

South Street Advisors LLC trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,989 shares of the company’s stock after selling 2,065 shares during the quarter. Hilton Worldwide makes up about 3.5% of South Street Advisors LLC’s portfolio, making the stock its 9th biggest holding. South Street Advisors LLC’s holdings in Hilton Worldwide were worth $22,736,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Hilton Worldwide during the 3rd quarter valued at approximately $765,000. Jones Financial Companies Lllp increased its holdings in Hilton Worldwide by 194.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company’s stock worth $651,000 after acquiring an additional 1,740 shares in the last quarter. Amundi increased its holdings in Hilton Worldwide by 24.2% in the 4th quarter. Amundi now owns 953,938 shares of the company’s stock worth $232,098,000 after acquiring an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Hilton Worldwide by 2.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company’s stock worth $55,774,000 after acquiring an additional 4,846 shares in the last quarter. Finally, Franklin Resources Inc. increased its holdings in Hilton Worldwide by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after acquiring an additional 121,900 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Price Performance

NYSE HLT opened at $234.33 on Tuesday. The firm’s 50-day moving average is $253.19 and its two-hundred day moving average is $244.13. Hilton Worldwide Holdings Inc. has a 12 month low of $193.86 and a 12 month high of $275.22. The stock has a market capitalization of $56.38 billion, a P/E ratio of 38.10, a PEG ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a $0.15 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Hilton Worldwide’s payout ratio is currently 9.76%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on HLT shares. The Goldman Sachs Group boosted their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Mizuho reissued a “neutral” rating and issued a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Jefferies Financial Group upped their target price on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Raymond James upped their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a report on Monday, February 10th. Finally, Macquarie upped their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Twelve investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $250.61.

Insider Buying and Selling at Hilton Worldwide

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

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.