Sei Investments Co. Grows Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Sei Investments Co. increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 18.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 372,551 shares of the company’s stock after purchasing an additional 56,866 shares during the quarter. Sei Investments Co. owned approximately 0.15% of Hilton Worldwide worth $92,079,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in HLT. Noble Wealth Management PBC purchased a new position in Hilton Worldwide in the fourth quarter valued at about $27,000. VSM Wealth Advisory LLC purchased a new position in Hilton Worldwide in the fourth quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new position in Hilton Worldwide in the fourth quarter valued at about $34,000. Sierra Ocean LLC purchased a new position in Hilton Worldwide in the fourth quarter valued at about $36,000. Finally, Hopwood Financial Services Inc. purchased a new position in Hilton Worldwide in the fourth quarter valued at about $41,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction on 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 completion of the sale, the insider now owns 77,383 shares of the company’s stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock opened at $228.78 on Friday. Hilton Worldwide Holdings Inc. has a 52-week low of $193.86 and a 52-week high of $275.22. The stock has a market capitalization of $55.04 billion, a price-to-earnings ratio of 37.20, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. The company has a fifty day moving average of $252.22 and a 200-day moving average of $244.28.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share (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%. On average, equities research analysts forecast 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 declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.15 per share. The ex-dividend date is Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.26%. Hilton Worldwide’s payout ratio is currently 9.76%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on HLT. JPMorgan Chase & Co. boosted their target price on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Barclays upped their price target on shares of Hilton Worldwide from $270.00 to $287.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Raymond James upped their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Macquarie upped their price target on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a research note on Friday, February 7th. Finally, Truist Financial dropped their price target on shares of Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a research note on Friday. Eleven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.