B. Metzler seel. Sohn & Co. AG Boosts Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

B. Metzler seel. Sohn & Co. AG increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 152.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 52,180 shares of the company’s stock after buying an additional 31,527 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Hilton Worldwide were worth $12,901,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Principal Financial Group Inc. lifted its holdings in shares of Hilton Worldwide by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after acquiring an additional 1,429,537 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Hilton Worldwide by 38.8% in the 3rd quarter. Cerity Partners LLC now owns 13,505 shares of the company’s stock valued at $3,113,000 after purchasing an additional 3,773 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Hilton Worldwide by 60.7% during the 3rd quarter. Townsquare Capital LLC now owns 6,289 shares of the company’s stock worth $1,450,000 after acquiring an additional 2,376 shares in the last quarter. Rockefeller Capital Management L.P. increased its stake in Hilton Worldwide by 120.3% in the third quarter. Rockefeller Capital Management L.P. now owns 53,235 shares of the company’s stock valued at $12,266,000 after purchasing an additional 29,065 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in Hilton Worldwide by 15.6% in the third quarter. Captrust Financial Advisors now owns 17,105 shares of the company’s stock valued at $3,943,000 after acquiring an additional 2,306 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Price Performance

NYSE HLT opened at $225.49 on Monday. The company has a market capitalization of $54.03 billion, a P/E ratio of 36.67, a PEG ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The business has a 50 day moving average price of $250.94 and a 200 day moving average price of $245.15.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating 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%. On average, research analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.27%. The ex-dividend date was Friday, February 21st. Hilton Worldwide’s payout ratio is 9.76%.

Wall Street Analyst Weigh In

HLT has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price target on Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Barclays increased their target price on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. JPMorgan Chase & Co. upped their price objective on Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Truist Financial lowered their target price on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a research note on Friday, March 21st. Finally, Macquarie increased their price target on Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a report on Friday, February 7th. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $254.53.

Insiders Place Their Bets

In other news, insider Christopher J. Nassetta sold 40,653 shares of the 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 transaction, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. This represents a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.50% of the stock is owned by corporate insiders.

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.