Swiss National Bank Has $52.40 Million Position in Hilton Worldwide Holdings Inc. (HLT)

Swiss National Bank boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 754,545 shares of the company’s stock after purchasing an additional 33,779 shares during the quarter. Swiss National Bank owned about 235,832.16% of Hilton Worldwide Holdings worth $52,403,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. QS Investors LLC grew its holdings in Hilton Worldwide Holdings by 749.6% in the second quarter. QS Investors LLC now owns 2,362 shares of the company’s stock worth $146,000 after purchasing an additional 2,084 shares during the period. Commonwealth Bank of Australia grew its holdings in Hilton Worldwide Holdings by 255.9% in the second quarter. Commonwealth Bank of Australia now owns 3,022 shares of the company’s stock worth $185,000 after purchasing an additional 2,173 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new stake in Hilton Worldwide Holdings in the second quarter worth $219,000. Keybank National Association OH acquired a new stake in Hilton Worldwide Holdings in the third quarter worth $221,000. Finally, Creative Planning grew its holdings in Hilton Worldwide Holdings by 51.7% in the second quarter. Creative Planning now owns 3,723 shares of the company’s stock worth $230,000 after purchasing an additional 1,269 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

In related news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is currently owned by insiders.

A number of equities research analysts have commented on the stock. B. Riley restated a “neutral” rating on shares of Hilton Worldwide Holdings in a report on Wednesday, November 1st. Goldman Sachs Group, Inc. (The) cut shares of Hilton Worldwide Holdings from a “conviction-buy” rating to a “buy” rating and set a $80.00 price objective for the company. in a report on Tuesday. BidaskClub upgraded shares of Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Robert W. Baird reiterated a “buy” rating and set a $78.00 price objective on shares of Hilton Worldwide Holdings in a report on Friday, October 27th. Finally, Berenberg Bank upgraded shares of Hilton Worldwide Holdings from a “sell” rating to a “hold” rating and lifted their price objective for the company from $47.00 to $65.00 in a report on Monday, July 31st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the stock. Hilton Worldwide Holdings has an average rating of “Buy” and a consensus target price of $73.21.

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Hilton Worldwide Holdings Inc. (HLT) opened at $72.62 on Tuesday. The company has a market cap of $23,257.27, a P/E ratio of 33.65, a P/E/G ratio of 7.64 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a 12 month low of $48.53 and a 12 month high of $73.76. The company has a debt-to-equity ratio of 4.53, a quick ratio of 0.94 and a current ratio of 0.94.

Hilton Worldwide Holdings (NYSE:HLT) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.50 by $0.06. The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.28 billion. Hilton Worldwide Holdings had a net margin of 0.33% and a return on equity of 27.32%. Hilton Worldwide Holdings’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.41 earnings per share. equities analysts forecast that Hilton Worldwide Holdings Inc. will post 1.9 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, November 17th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 16th. This represents a $0.60 annualized dividend and a yield of 0.83%. Hilton Worldwide Holdings’s dividend payout ratio is currently 545.45%.

Hilton Worldwide Holdings Company Profile

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.

Institutional Ownership by Quarter for Hilton Worldwide Holdings (NYSE:HLT)

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