UniSuper Management Pty Ltd Buys 1,869 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

UniSuper Management Pty Ltd increased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,262 shares of the company’s stock after buying an additional 1,869 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Hilton Worldwide were worth $20,579,000 as of its most recent SEC filing.

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

Hilton Worldwide Price Performance

HLT opened at $234.68 on Thursday. The firm 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. The business’s 50-day moving average is $251.65 and its two-hundred day moving average is $244.69. Hilton Worldwide Holdings Inc. has a 1 year low of $193.86 and a 1 year high of $275.22.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS 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 54.47%. As a group, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.26%. Hilton Worldwide’s dividend payout ratio (DPR) is 9.76%.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the transaction, the insider now owns 77,383 shares of the company’s stock, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Susquehanna boosted their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Barclays lifted their target price on Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. Wells Fargo & Company raised their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 4th. Mizuho reissued a “neutral” rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Finally, Raymond James upped their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research note on Monday, February 10th. Eleven analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $254.53.

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.