Linden Thomas Advisory Services LLC Takes Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Linden Thomas Advisory Services LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,366 shares of the company’s stock, valued at approximately $249,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Drive Wealth Management LLC grew its holdings in shares of Hilton Worldwide by 4.9% during the fourth quarter. Drive Wealth Management LLC now owns 1,399 shares of the company’s stock valued at $255,000 after buying an additional 65 shares during the last quarter. Raymond James Trust N.A. increased its holdings in Hilton Worldwide by 2.3% during the 4th quarter. Raymond James Trust N.A. now owns 3,165 shares of the company’s stock worth $576,000 after purchasing an additional 71 shares in the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of Hilton Worldwide by 0.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 15,676 shares of the company’s stock valued at $2,354,000 after purchasing an additional 92 shares in the last quarter. DAVENPORT & Co LLC boosted its position in shares of Hilton Worldwide by 6.4% during the fourth quarter. DAVENPORT & Co LLC now owns 1,575 shares of the company’s stock valued at $287,000 after buying an additional 95 shares during the last quarter. Finally, Allworth Financial LP grew its holdings in Hilton Worldwide by 21.5% during the third quarter. Allworth Financial LP now owns 542 shares of the company’s stock worth $81,000 after buying an additional 96 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Down 0.9 %

NYSE HLT opened at $202.12 on Friday. The firm has a market cap of $50.54 billion, a P/E ratio of 43.94, a price-to-earnings-growth ratio of 1.81 and a beta of 1.25. The company’s 50 day moving average is $205.79 and its 200-day moving average is $184.82. Hilton Worldwide Holdings Inc. has a 12-month low of $134.43 and a 12-month high of $215.79.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the previous year, the firm posted $1.24 EPS. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.07 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 21,489 shares of the firm’s 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 completion of the transaction, the insider now directly owns 2,536,478 shares in the company, valued at $496,338,015.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.50% of the company’s stock.

Wall Street Analyst Weigh In

HLT has been the topic of a number of analyst reports. HSBC lifted their price objective on shares of Hilton Worldwide from $219.00 to $254.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Hilton Worldwide from $176.00 to $185.00 and gave the stock a “hold” rating in a research report on Thursday. Mizuho cut their target price on Hilton Worldwide from $245.00 to $242.00 and set a “buy” rating on the stock in a research note on Tuesday. TD Cowen upped their target price on Hilton Worldwide from $215.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, March 20th. Finally, Barclays lifted their price target on Hilton Worldwide from $216.00 to $219.00 and gave the stock an “overweight” rating in a report on Thursday. Nine analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $205.06.

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.