Severin Investments LLC bought a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,762 shares of the company’s stock, valued at approximately $536,000.
Other hedge funds have also bought and sold shares of the company. CYBER HORNET ETFs LLC grew its position in shares of Hilton Worldwide by 4.7% during the 4th quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company’s stock worth $207,000 after purchasing an additional 32 shares in the last quarter. Waddell & Associates LLC raised its position in shares of Hilton Worldwide by 1.8% in the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock valued at $517,000 after buying an additional 32 shares in the last quarter. Eaton Financial Holdings Company LLC boosted its stake in shares of Hilton Worldwide by 1.2% in the fourth quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company’s stock valued at $799,000 after buying an additional 34 shares during the period. Moss Adams Wealth Advisors LLC grew its position in Hilton Worldwide by 2.8% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,330 shares of the company’s stock worth $382,000 after buying an additional 36 shares in the last quarter. Finally, Quent Capital LLC grew its position in Hilton Worldwide by 3.8% during the fourth quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock worth $287,000 after buying an additional 37 shares in the last quarter. 95.90% of the stock is owned by institutional investors.
Hilton Worldwide Price Performance
Shares of NYSE:HLT opened at $331.02 on Wednesday. Hilton Worldwide Holdings Inc. has a one year low of $253.54 and a one year high of $358.00. The company has a market cap of $75.36 billion, a price-to-earnings ratio of 50.54, a PEG ratio of 2.90 and a beta of 1.04. The firm has a 50 day simple moving average of $331.64 and a 200 day simple moving average of $313.09.
Hilton Worldwide Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd were given a $0.15 dividend. The ex-dividend date was Friday, May 22nd. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.16%.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on HLT shares. Rothschild & Co Redburn lifted their price objective on Hilton Worldwide from $320.00 to $325.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. Wells Fargo & Company raised their price target on Hilton Worldwide from $373.00 to $376.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 14th. Barclays boosted their price target on Hilton Worldwide from $363.00 to $365.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Sanford C. Bernstein cut their price objective on shares of Hilton Worldwide from $322.00 to $320.00 and set a “market perform” rating for the company in a research report on Friday, May 15th. Finally, Macquarie Infrastructure increased their price objective on shares of Hilton Worldwide from $296.00 to $320.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Fourteen equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $349.45.
Check Out Our Latest Report on Hilton Worldwide
Hilton Worldwide Profile
Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.
Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.
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