33,854 Hilton Worldwide Holdings Inc. $HLT Shares Sold by Candriam S.C.A.

Candriam S.C.A. lowered its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 15.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 184,432 shares of the company’s stock after selling 33,854 shares during the period. Candriam S.C.A. owned approximately 0.08% of Hilton Worldwide worth $58,886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Profund Advisors LLC increased its position in Hilton Worldwide by 1.2% in the 3rd quarter. Profund Advisors LLC now owns 3,058 shares of the company’s stock valued at $973,000 after buying an additional 35 shares in the last quarter. Range Advisory LLC boosted its holdings in Hilton Worldwide by 4.5% in the second quarter. Range Advisory LLC now owns 860 shares of the company’s stock worth $284,000 after acquiring an additional 37 shares in the last quarter. Nilsine Partners LLC boosted its holdings in Hilton Worldwide by 2.2% in the second quarter. Nilsine Partners LLC now owns 1,776 shares of the company’s stock worth $587,000 after acquiring an additional 38 shares in the last quarter. North Star Investment Management Corp. grew its stake in Hilton Worldwide by 29.7% in the third quarter. North Star Investment Management Corp. now owns 166 shares of the company’s stock valued at $53,000 after acquiring an additional 38 shares during the period. Finally, Meiji Yasuda Life Insurance Co grew its stake in Hilton Worldwide by 1.1% in the second quarter. Meiji Yasuda Life Insurance Co now owns 3,560 shares of the company’s stock valued at $1,176,000 after acquiring an additional 40 shares during the period. Institutional investors own 95.90% of the company’s stock.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Laura Fuentes sold 7,289 shares of Hilton Worldwide stock in a transaction on Monday, September 14th. The shares were sold at an average price of $309.81, for a total transaction of $2,258,205.09. Following the transaction, the insider directly owned 33,458 shares of the company’s stock, valued at $10,365,622.98. The trade was a 17.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Chris Carr sold 439 shares of Hilton Worldwide stock in a transaction on Monday, September 14th. The stock was sold at an average price of $310.34, for a total transaction of $136,239.26. Following the transaction, the director directly owned 8,252 shares in the company, valued at $2,560,925.68. This represents a 5.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 158,778 shares of company stock worth $56,196,944. Corporate insiders own 2.70% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of HLT opened at $370.45 on Friday. The firm has a market capitalization of $82.43 billion, a P/E ratio of 50.06, a P/E/G ratio of 2.95 and a beta of 1.08. Hilton Worldwide Holdings Inc. has a 52 week low of $263.95 and a 52 week high of $381.34. The stock has a 50 day moving average price of $329.03 and a two-hundred day moving average price of $322.52.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Tuesday, October 27th. The company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.08. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $3.37 billion. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the company earned $2.11 earnings per share. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 9.17 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 29th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 1st. This represents a $0.60 annualized dividend and a yield of 0.2%. Hilton Worldwide’s dividend payout ratio (DPR) is 8.11%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on HLT shares. China Intl Cap raised Hilton Worldwide to a “strong-buy” rating in a research report on Wednesday, August 12th. The Goldman Sachs Group reiterated a “buy” rating and issued a $390.00 target price on shares of Hilton Worldwide in a report on Wednesday, October 28th. JPMorgan Chase & Co. lifted their price target on shares of Hilton Worldwide from $365.00 to $387.00 and gave the company an “overweight” rating in a research report on Wednesday, October 21st. CICC Research started coverage on shares of Hilton Worldwide in a research note on Wednesday, August 12th. They set an “outperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price objective on the stock in a report on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $365.08.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of travelers, from luxury and leisure guests to business travelers and extended-stay customers. Hilton also operates a vacation ownership business through Hilton Grand Vacations under a long-term brand and licensing relationship.

The company’s brands include Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree, Embassy Suites, Hilton Garden Inn, Hampton, Homewood Suites and Hilton Honors, its guest loyalty program.