Fred Alger Administration LLC lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Get Score) by 229.8% through the third quarter, in accordance with its most up-to-date disclosure with the Securities and Alternate Fee (SEC). The agency owned 50,403 shares of the corporate’s inventory after buying a further 35,121 shares through the quarter. Fred Alger Administration LLC’s holdings in Hilton Worldwide have been value $6,080,000 on the finish of the latest reporting interval.

Quite a few different hedge funds have additionally made adjustments to their positions within the inventory. Meiji Yasuda Life Insurance coverage Co elevated its stake in shares of Hilton Worldwide by 8.9% through the third quarter. Meiji Yasuda Life Insurance coverage Co now owns 7,362 shares of the corporate’s inventory valued at $888,000 after buying a further 599 shares through the interval. BNP Paribas Arbitrage SNC elevated its stake in shares of Hilton Worldwide by 311.3% through the third quarter. BNP Paribas Arbitrage SNC now owns 320,098 shares of the corporate’s inventory valued at $38,610,000 after buying a further 242,277 shares through the interval. State Avenue Corp elevated its stake in shares of Hilton Worldwide by 0.7% through the third quarter. State Avenue Corp now owns 10,213,967 shares of the corporate’s inventory valued at $1,232,009,000 after buying a further 75,154 shares through the interval. Jacobs Levy Fairness Administration Inc. boosted its holdings in Hilton Worldwide by 85.2% through the third quarter. Jacobs Levy Fairness Administration Inc. now owns 416,547 shares of the corporate’s inventory value $50,244,000 after shopping for a further 191,641 shares within the final quarter. Lastly, Teza Capital Administration LLC boosted its holdings in Hilton Worldwide by 166.8% through the third quarter. Teza Capital Administration LLC now owns 25,406 shares of the corporate’s inventory value $3,064,000 after shopping for a further 15,884 shares within the final quarter. Institutional buyers and hedge funds personal 95.66% of the corporate’s inventory.

Insider Shopping for and Promoting

In different information, insider Kristin Ann Campbell offered 32,863 shares of the enterprise’s inventory in a transaction dated Friday, February tenth. The shares have been offered at a median worth of $150.93, for a complete transaction of $4,960,012.59. Following the transaction, the insider now owns 221,037 shares within the firm, valued at roughly $33,361,114.41. The transaction was disclosed in a authorized submitting with the SEC, which is accessible by way of the SEC web site. Insiders personal 2.40% of the corporate’s inventory.

Hilton Worldwide Buying and selling Up 1.1 %

Hilton Worldwide inventory opened at $139.07 on Wednesday. The corporate has a market capitalization of $37.06 billion, a P/E ratio of 30.63, a P/E/G ratio of 0.67 and a beta of 1.24. The agency’s fifty day easy shifting common is $142.30 and its 200-day easy shifting common is $134.67. Hilton Worldwide Holdings Inc. has a 1-year low of $108.41 and a 1-year excessive of $167.99.

Hilton Worldwide (NYSE:HLT – Get Score) final launched its quarterly earnings outcomes on Thursday, February ninth. The corporate reported $1.59 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.39. The enterprise had income of $2.44 billion for the quarter, in comparison with the consensus estimate of $2.35 billion. Hilton Worldwide had a internet margin of 14.31% and a adverse return on fairness of 155.17%. Hilton Worldwide’s income for the quarter was up 33.1% on a year-over-year foundation. Throughout the identical quarter final 12 months, the agency earned $0.72 EPS. On common, equities analysis analysts predict that Hilton Worldwide Holdings Inc. will put up 5.69 earnings per share for the present 12 months.

Hilton Worldwide Dividend Announcement

The corporate additionally lately introduced a quarterly dividend, which can be paid on Friday, March thirty first. Buyers of report on Tuesday, February twenty eighth can be issued a $0.15 dividend. The ex-dividend date is Monday, February twenty seventh. This represents a $0.60 annualized dividend and a yield of 0.43%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.22%.

Analysts Set New Worth Targets

Quite a few analysts lately weighed in on HLT shares. BMO Capital Markets raised their goal worth on shares of Hilton Worldwide from $145.00 to $150.00 and gave the inventory a “market carry out” score in a report on Friday, February tenth. Citigroup lower shares of Hilton Worldwide from a “purchase” score to a “impartial” score and lowered their goal worth for the inventory from $150.00 to $148.00 in a report on Wednesday, December 14th. Barclays upgraded shares of Hilton Worldwide from an “equal weight” score to an “chubby” score and raised their goal worth for the inventory from $151.00 to $168.00 in a report on Thursday, March ninth. Jefferies Monetary Group lower shares of Hilton Worldwide from a “purchase” score to a “maintain” score and lowered their goal worth for the inventory from $153.00 to $134.00 in a report on Monday, January ninth. Lastly, Morgan Stanley lowered their goal worth on shares of Hilton Worldwide from $171.00 to $167.00 and set an “chubby” score for the corporate in a report on Tuesday, February seventh. Seven analysis analysts have rated the inventory with a maintain score and 7 have given a purchase score to the corporate. In response to information from MarketBeat, the corporate presently has a median score of “Reasonable Purchase” and a median goal worth of $151.64.

Hilton Worldwide Firm Profile

(Get Score)

Hilton Worldwide Holdings, Inc engages within the provision of hospitality companies. It operates by way of the next segments: Possession and Administration & Franchise. The Possession section consists of owned, leased, and three way partnership motels. The Administration and Franchise section operates motels of third-party homeowners.

Beneficial Tales

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