Schroder Investment Management Group Has $54.98 Million Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Schroder Investment Management Group lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 221,494 shares of the company’s stock after purchasing an additional 8,682 shares during the quarter. Schroder Investment Management Group’s holdings in Hilton Worldwide were worth $54,975,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of HLT. Wilmington Savings Fund Society FSB acquired a new position in shares of Hilton Worldwide in the 3rd quarter valued at approximately $765,000. Jones Financial Companies Lllp raised its position in Hilton Worldwide by 194.8% during the fourth quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company’s stock valued at $651,000 after purchasing an additional 1,740 shares in the last quarter. Amundi boosted its holdings in shares of Hilton Worldwide by 24.2% in the 4th quarter. Amundi now owns 953,938 shares of the company’s stock valued at $232,098,000 after purchasing an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Hilton Worldwide by 2.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company’s stock worth $55,774,000 after buying an additional 4,846 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of Hilton Worldwide by 3.1% during the 3rd quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after buying an additional 121,900 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Up 0.8 %

Shares of Hilton Worldwide stock opened at $227.53 on Tuesday. The company has a market cap of $54.52 billion, a P/E ratio of 37.00, a PEG ratio of 2.86 and a beta of 1.29. The business has a 50-day moving average price of $250.55 and a two-hundred day moving average price of $245.23. 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 issued its earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the company. Truist Financial lowered their target price on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating for the company in a research note on Friday, March 21st. JPMorgan Chase & Co. upped their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Mizuho reaffirmed a “neutral” rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Morgan Stanley increased their price target on Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. Finally, The Goldman Sachs Group boosted their price objective on Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Eleven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Hilton Worldwide has an average rating of “Hold” and an average price target of $254.53.

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.