Natixis Advisors LLC Buys 39,782 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Natixis Advisors LLC raised its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 14.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 320,479 shares of the company’s stock after purchasing an additional 39,782 shares during the quarter. Natixis Advisors LLC owned 0.13% of Hilton Worldwide worth $72,925,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in HLT. GAMMA Investing LLC grew its stake in shares of Hilton Worldwide by 23,543.6% in the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company’s stock worth $2,397,370,000 after purchasing an additional 1,049,101 shares during the last quarter. Marshall Wace LLP lifted its holdings in Hilton Worldwide by 426.9% in the 4th quarter. Marshall Wace LLP now owns 762,261 shares of the company’s stock worth $188,400,000 after buying an additional 617,604 shares during the period. SurgoCap Partners LP bought a new stake in shares of Hilton Worldwide in the 4th quarter worth approximately $109,492,000. Jennison Associates LLC increased its stake in shares of Hilton Worldwide by 11.3% during the first quarter. Jennison Associates LLC now owns 3,784,366 shares of the company’s stock valued at $861,132,000 after buying an additional 385,096 shares during the period. Finally, AQR Capital Management LLC raised its holdings in shares of Hilton Worldwide by 112.4% during the fourth quarter. AQR Capital Management LLC now owns 714,620 shares of the company’s stock valued at $176,626,000 after acquiring an additional 378,206 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $273.28 on Thursday. The firm has a market cap of $64.27 billion, a P/E ratio of 41.98, a P/E/G ratio of 2.69 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.46. The firm has a 50-day simple moving average of $260.62 and a two-hundred day simple moving average of $247.45.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.16. The business had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.91 EPS. On average, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.22%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide’s dividend payout ratio (DPR) is 9.22%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on HLT shares. Truist Financial boosted their price objective on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a “hold” rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an “overweight” rating and a $282.00 price target on the stock. Evercore ISI decreased their price target on shares of Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating for the company in a research note on Wednesday, April 23rd. Robert W. Baird lifted their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the company an “outperform” rating in a research report on Thursday, July 24th. Finally, Morgan Stanley decreased their target price on Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd. Ten investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $259.19.

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.