Capital International Ltd. CA Acquires 2,210 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Capital International Ltd. CA lifted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 90,455 shares of the company’s stock after purchasing an additional 2,210 shares during the quarter. Capital International Ltd. CA’s holdings in Hilton Worldwide were worth $22,357,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in Hilton Worldwide during the fourth quarter worth $694,787,000. Principal Financial Group Inc. boosted its position in Hilton Worldwide by 15.3% during the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after purchasing an additional 1,429,537 shares during the period. JPMorgan Chase & Co. grew its holdings in Hilton Worldwide by 13.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company’s stock valued at $1,952,314,000 after purchasing an additional 919,424 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Hilton Worldwide by 26.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company’s stock valued at $806,999,000 after purchasing an additional 685,023 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Hilton Worldwide by 426.9% in the fourth quarter. Marshall Wace LLP now owns 762,261 shares of the company’s stock worth $188,400,000 after buying an additional 617,604 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on HLT. Jefferies Financial Group lowered their target price on shares of Hilton Worldwide from $277.00 to $228.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Raymond James raised their price target on Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Truist Financial cut their price objective on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating for the company in a research report on Friday, March 21st. Susquehanna raised their target price on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Finally, Mizuho reiterated a “neutral” rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $248.88.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $210.43 on Friday. The company has a market capitalization of $50.42 billion, a price-to-earnings ratio of 34.22, a PEG ratio of 2.86 and a beta of 1.19. The company has a 50-day moving average of $237.50 and a 200-day moving average of $243.51. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22.

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

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.29%. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Insider Buying and Selling at Hilton Worldwide

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

Hilton Worldwide Company 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.