Wealthstream Advisors Inc. Has $350,000 Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Wealthstream Advisors Inc. boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 16.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,415 shares of the company’s stock after purchasing an additional 195 shares during the period. Wealthstream Advisors Inc.’s holdings in Hilton Worldwide were worth $350,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. GHP Investment Advisors Inc. acquired a new stake in shares of Hilton Worldwide in the 3rd quarter valued at approximately $25,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Hilton Worldwide during the fourth quarter worth $34,000. Sierra Ocean LLC acquired a new stake in Hilton Worldwide in the fourth quarter valued at $36,000. Ashton Thomas Securities LLC bought a new position in shares of Hilton Worldwide in the 3rd quarter valued at about $38,000. Finally, True Wealth Design LLC increased its stake in shares of Hilton Worldwide by 2,400.0% during the 3rd quarter. True Wealth Design LLC now owns 175 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently commented on HLT. Barclays lifted their price target on Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. The Goldman Sachs Group lifted their target price on Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Mizuho restated a “neutral” rating and issued a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. JPMorgan Chase & Co. raised their price target on Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Finally, Raymond James upped their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Twelve research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Hilton Worldwide presently has an average rating of “Hold” and a consensus target price of $246.61.

Insider Activity

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Michael W. Duffy sold 23,366 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the completion of the transaction, the insider now directly owns 22,833 shares of the company’s stock, valued at $5,746,152.78. This trade represents a 50.58 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

Hilton Worldwide Trading Down 3.2 %

Shares of HLT stock opened at $259.31 on Monday. The stock has a market cap of $62.39 billion, a P/E ratio of 42.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 1 year low of $193.86 and a 1 year high of $275.22. The stock has a 50 day simple moving average of $253.40 and a 200 day simple moving average of $240.12.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. Analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.23%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Hilton Worldwide announced that its Board of Directors has authorized a share repurchase plan on Thursday, November 14th that authorizes the company to repurchase $3.50 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 5.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

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.