Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Invesco Ltd.

Invesco Ltd. raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 6.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,781,790 shares of the company’s stock after acquiring an additional 157,140 shares during the quarter. Invesco Ltd.’s holdings in Hilton Worldwide were worth $687,547,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of HLT. Noble Wealth Management PBC acquired a new position in shares of Hilton Worldwide in the fourth quarter valued at approximately $27,000. VSM Wealth Advisory LLC acquired a new position in shares of Hilton Worldwide in the fourth quarter worth $28,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth $34,000. Sierra Ocean LLC acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at $36,000. Finally, Hopwood Financial Services Inc. purchased a new position in Hilton Worldwide in the fourth quarter valued at $41,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction 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 directly owns 77,383 shares of the company’s stock, valued at $20,802,871.89. This trade 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 this link. 2.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Raymond James increased 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. Morgan Stanley raised their target price on shares of Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. The Goldman Sachs Group boosted their price target on shares of Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Truist Financial reduced their price objective on shares of Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a report on Friday, March 21st. Finally, Macquarie boosted their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $254.56.

Hilton Worldwide Stock Down 2.5 %

HLT opened at $203.55 on Tuesday. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The business’s 50 day moving average is $247.47 and its two-hundred day moving average is $245.14. The firm has a market cap of $48.77 billion, a price-to-earnings ratio of 33.10, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT) last released 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 net margin of 13.74% and a negative return on equity of 54.47%. Equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

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.