Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,139 shares of the company’s stock after selling 364 shares during the quarter. TD Private Client Wealth LLC’s holdings in Hilton Worldwide were worth $2,753,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of HLT. Noble Wealth Management PBC acquired a new stake in Hilton Worldwide in the 4th quarter valued at about $27,000. VSM Wealth Advisory LLC acquired a new stake in Hilton Worldwide in the 4th quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Hilton Worldwide in the 4th quarter valued at about $34,000. Groupama Asset Managment lifted its holdings in Hilton Worldwide by 37.8% in the 3rd quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock valued at $35,000 after acquiring an additional 4,118 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new stake in Hilton Worldwide in the 4th quarter valued at about $36,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on HLT shares. Jefferies Financial Group upped their price target on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. The Goldman Sachs Group upped their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Morgan Stanley boosted their price objective on Hilton Worldwide from $265.00 to $274.00 and gave the stock an “overweight” rating in a report on Tuesday, March 4th. Macquarie boosted their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Finally, Mizuho restated a “neutral” rating and set a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $254.53.

Hilton Worldwide Price Performance

Shares of HLT opened at $228.78 on Friday. The company has a market capitalization of $55.04 billion, a price-to-earnings ratio of 37.20, a P/E/G ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a fifty-two week low of $193.86 and a fifty-two week high of $275.22. The business’s 50-day moving average is $252.22 and its 200-day moving average is $244.08.

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

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be paid a $0.15 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide’s payout ratio is 9.76%.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares of the company’s stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.50% of the stock is currently owned by company insiders.

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.