Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Everhart Financial Group Inc.

Everhart Financial Group Inc. increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,215 shares of the company’s stock after purchasing an additional 135 shares during the period. Everhart Financial Group Inc.’s holdings in Hilton Worldwide were worth $795,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HLT. Principal Financial Group Inc. increased its position in Hilton Worldwide by 15.3% during the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after purchasing an additional 1,429,537 shares during the last quarter. Jennison Associates LLC increased its position in Hilton Worldwide by 33.2% during the third quarter. Jennison Associates LLC now owns 3,234,809 shares of the company’s stock worth $745,624,000 after purchasing an additional 806,029 shares during the last quarter. Stockbridge Partners LLC increased its position in shares of Hilton Worldwide by 63.6% during the third quarter. Stockbridge Partners LLC now owns 1,544,399 shares of the company’s stock valued at $355,984,000 after acquiring an additional 600,593 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of Hilton Worldwide by 23,730.1% during the third quarter. International Assets Investment Management LLC now owns 479,223 shares of the company’s stock valued at $1,104,610,000 after acquiring an additional 477,212 shares during the last quarter. Finally, FMR LLC increased its position in shares of Hilton Worldwide by 2.1% during the third quarter. FMR LLC now owns 11,215,391 shares of the company’s stock valued at $2,585,148,000 after acquiring an additional 226,223 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Michael W. Duffy sold 23,366 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $251.66, for a total value of $5,880,287.56. Following the completion of the sale, the insider now owns 22,833 shares in the company, valued at $5,746,152.78. This trade represents a 50.58 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were 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 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 position. The disclosure for this sale can be found here. 2.50% of the stock is owned by company insiders.

Hilton Worldwide Trading Down 1.3 %

Shares of NYSE:HLT opened at $265.96 on Monday. The company has a market capitalization of $64.84 billion, a PE ratio of 43.25, a P/E/G ratio of 2.85 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a twelve month low of $193.43 and a twelve month high of $275.22. The firm has a 50 day simple moving average of $252.16 and a 200-day simple moving average of $237.81.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping 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 57.01%. As a group, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.76 EPS for the current fiscal year.

Hilton Worldwide announced that its board has initiated a share buyback plan on Thursday, November 14th that authorizes the company to buyback $3.50 billion in shares. This buyback authorization authorizes the company to repurchase up to 5.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.23%. The ex-dividend date is Friday, February 21st. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Robert W. Baird lifted their price target on shares of Hilton Worldwide from $235.00 to $236.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price target on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. Jefferies Financial Group lifted their price target on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Melius cut shares of Hilton Worldwide from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. Finally, Bank of America lifted their price target on shares of Hilton Worldwide from $230.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hilton Worldwide has a consensus rating of “Hold” and a consensus price target of $246.61.

Hilton Worldwide 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.