Farringdon Capital Ltd. Buys Shares of 2,149 Hilton Worldwide Holdings Inc. (NYSE:HLT)

Farringdon Capital Ltd. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 2,149 shares of the company’s stock, valued at approximately $531,000.

Other hedge funds have also made changes to their positions in the company. Noble Wealth Management PBC bought a new stake in Hilton Worldwide during the fourth quarter worth approximately $27,000. VSM Wealth Advisory LLC acquired a new stake in shares of Hilton Worldwide in the fourth quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in shares of Hilton Worldwide during the 4th quarter worth $34,000. Sierra Ocean LLC acquired a new position in Hilton Worldwide in the 4th quarter valued at $36,000. Finally, Hopwood Financial Services Inc. bought a new position in Hilton Worldwide in the 4th quarter worth $41,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 0.6 %

Shares of HLT opened at $210.43 on Friday. Hilton Worldwide Holdings Inc. has a 12 month low of $193.86 and a 12 month high of $275.22. The stock has a market cap of $50.42 billion, a price-to-earnings ratio of 34.22, a P/E/G ratio of 2.86 and a beta of 1.19. The company has a 50-day moving average price of $237.50 and a two-hundred day moving average price of $243.51.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, topping 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 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a $0.15 dividend. 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 payout ratio is 9.76%.

Analyst Upgrades and Downgrades

HLT has been the subject of a number of recent analyst reports. Raymond James upped their price target 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. The Goldman Sachs Group restated a “neutral” rating and set a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday. Mizuho reaffirmed a “neutral” rating and issued a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Macquarie increased their price objective on Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Finally, Truist Financial dropped their target price on shares of Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a research report on Friday, March 21st. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $248.88.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the business’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 completion of the transaction, the insider now directly owns 77,383 shares of the company’s stock, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.50% of the company’s stock.

About Hilton Worldwide

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.