180 Wealth Advisors LLC Buys 84 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

180 Wealth Advisors LLC increased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.4% in the first quarter, Holdings Channel.com reports. The firm owned 3,547 shares of the company’s stock after purchasing an additional 84 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Hilton Worldwide were worth $757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EdgeRock Capital LLC acquired a new stake in Hilton Worldwide in the 4th quarter valued at $25,000. Activest Wealth Management acquired a new position in Hilton Worldwide during the fourth quarter valued at approximately $26,000. Frazier Financial Advisors LLC bought a new position in Hilton Worldwide in the fourth quarter valued at approximately $28,000. Raleigh Capital Management Inc. boosted its holdings in shares of Hilton Worldwide by 48.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock valued at $31,000 after buying an additional 56 shares during the last quarter. Finally, Rise Advisors LLC bought a new position in shares of Hilton Worldwide in the first quarter valued at $38,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Analysts Set New Price Targets

HLT has been the subject of a number of recent analyst reports. TD Cowen increased their price target on shares of Hilton Worldwide from $215.00 to $230.00 and gave the company an “outperform” rating in a research note on Wednesday, March 20th. UBS Group lifted their price target on Hilton Worldwide from $190.00 to $237.00 and gave the stock a “buy” rating in a report on Wednesday, February 28th. HSBC raised their price objective on Hilton Worldwide from $219.00 to $254.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Bank of America increased their price target on Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Finally, Wells Fargo & Company lifted their price objective on shares of Hilton Worldwide from $196.00 to $200.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 20th. Ten research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $208.00.

Insiders Place Their Bets

In other Hilton Worldwide news, Director Melanie Healey purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, May 28th. The shares were bought at an average price of $199.65 per share, for a total transaction of $399,300.00. Following the completion of the acquisition, the director now owns 14,938 shares in the company, valued at $2,982,371.70. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.50% of the company’s stock.

Hilton Worldwide Price Performance

Shares of HLT stock traded up $2.02 on Thursday, hitting $215.07. 1,722,815 shares of the company’s stock were exchanged, compared to its average volume of 1,556,052. The company has a 50 day moving average of $204.31 and a 200 day moving average of $198.54. The stock has a market cap of $53.78 billion, a P/E ratio of 46.75, a price-to-earnings-growth ratio of 1.88 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 12 month low of $140.69 and a 12 month high of $218.45.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The firm’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period last year, the company posted $1.24 EPS. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.07 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 17th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend is Thursday, May 16th. Hilton Worldwide’s dividend payout ratio (DPR) is 13.04%.

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.