WINTON GROUP Ltd Invests $5.79 Million in Hilton Worldwide Holdings Inc. (NYSE:HLT)

WINTON GROUP Ltd purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,434 shares of the company’s stock, valued at approximately $5,792,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Noble Wealth Management PBC bought a new stake in shares of Hilton Worldwide in the 4th quarter valued at approximately $27,000. VSM Wealth Advisory LLC purchased a new stake in Hilton Worldwide during the 4th quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Hilton Worldwide in the fourth quarter worth $34,000. Groupama Asset Managment boosted its stake in Hilton Worldwide by 37.8% during the third quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock worth $35,000 after buying an additional 4,118 shares during the period. Finally, Sierra Ocean LLC bought a new position in Hilton Worldwide during the fourth quarter valued at $36,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Up 0.0 %

Shares of NYSE HLT opened at $234.68 on Thursday. The stock has a market capitalization of $56.46 billion, a PE ratio of 38.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 12-month low of $193.86 and a 12-month high of $275.22. The stock’s fifty day simple moving average is $251.65 and its two-hundred day simple moving average is $244.69.

Hilton Worldwide (NYSE:HLT) last announced its 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%. On average, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently declared 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 0.26%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the business’s stock in a transaction dated 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 sale, the insider now owns 77,383 shares in the company, 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 Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

HLT has been the subject of a number of recent analyst reports. Mizuho reaffirmed a “neutral” rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Morgan Stanley upped their target price on Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Raymond James raised their price target on Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research note on Monday, February 10th. Susquehanna upped their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Finally, Truist Financial decreased their target price 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. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Hilton Worldwide has a consensus rating of “Hold” and a consensus price target of $254.53.

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.