Sapient Capital LLC Acquires Shares of 1,138 Hilton Worldwide Holdings Inc. (NYSE:HLT)

Sapient Capital LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,138 shares of the company’s stock, valued at approximately $248,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Czech National Bank increased its holdings in shares of Hilton Worldwide by 7.4% during the 2nd quarter. Czech National Bank now owns 47,649 shares of the company’s stock worth $10,397,000 after buying an additional 3,281 shares during the last quarter. Opal Wealth Advisors LLC acquired a new stake in shares of Hilton Worldwide during the 2nd quarter worth approximately $237,000. Sax Wealth Advisors LLC acquired a new stake in shares of Hilton Worldwide during the 2nd quarter worth approximately $280,000. CHICAGO TRUST Co NA increased its holdings in shares of Hilton Worldwide by 21.5% during the 2nd quarter. CHICAGO TRUST Co NA now owns 1,953 shares of the company’s stock worth $426,000 after buying an additional 345 shares during the last quarter. Finally, Valeo Financial Advisors LLC increased its holdings in shares of Hilton Worldwide by 11.2% during the 2nd quarter. Valeo Financial Advisors LLC now owns 1,327 shares of the company’s stock worth $290,000 after buying an additional 134 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, Director Melanie Healey bought 2,000 shares of Hilton Worldwide stock in a transaction dated Tuesday, May 28th. The stock was acquired at an average cost of $199.65 per share, with a total value of $399,300.00. Following the completion of the acquisition, the director now owns 14,938 shares of the company’s stock, valued at $2,982,371.70. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.50% of the stock is owned by corporate insiders.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded up $0.01 during trading on Monday, hitting $206.33. 685,921 shares of the stock were exchanged, compared to its average volume of 1,595,464. The stock has a market cap of $51.59 billion, a price-to-earnings ratio of 44.78, a price-to-earnings-growth ratio of 1.84 and a beta of 1.31. The firm’s 50-day moving average price is $213.05 and its 200 day moving average price is $206.20. Hilton Worldwide Holdings Inc. has a 12-month low of $146.00 and a 12-month high of $229.03.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.05. The business had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $2.90 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.63 EPS. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.07 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, August 23rd will be given a $0.15 dividend. The ex-dividend date is Friday, August 23rd. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Bank of America increased their price objective on shares of Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Mizuho lowered their price objective on shares of Hilton Worldwide from $245.00 to $242.00 and set a “buy” rating for the company in a research report on Tuesday, April 23rd. Macquarie increased their price objective on shares of Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Robert W. Baird lowered their price objective on shares of Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Truist Financial lowered their price objective on shares of Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating for the company in a research report on Thursday. Eleven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Hilton Worldwide has a consensus rating of “Hold” and a consensus price target of $209.53.

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.