Little House Capital LLC Sells 149 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Little House Capital LLC lowered its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLTFree Report) by 2.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,568 shares of the company’s stock after selling 149 shares during the period. Little House Capital LLC’s holdings in Hilton Worldwide were worth $1,188,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of HLT. Chase Investment Counsel Corp bought a new position in Hilton Worldwide in the fourth quarter valued at approximately $2,480,000. Savoir Faire Capital Management L.P. bought a new position in shares of Hilton Worldwide during the third quarter worth about $4,270,000. International Assets Investment Management LLC raised its position in Hilton Worldwide by 19,454.9% in the 4th quarter. International Assets Investment Management LLC now owns 296,453 shares of the company’s stock valued at $53,981,000 after buying an additional 294,937 shares during the last quarter. Syon Capital LLC acquired a new position in Hilton Worldwide during the 4th quarter worth approximately $447,000. Finally, Jennison Associates LLC grew its stake in shares of Hilton Worldwide by 11.5% during the 4th quarter. Jennison Associates LLC now owns 298,024 shares of the company’s stock worth $54,267,000 after acquiring an additional 30,676 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Melanie Healey bought 2,000 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was purchased at an average price of $199.65 per share, with a total value of $399,300.00. Following the transaction, the director now owns 14,938 shares of the company’s stock, valued at $2,982,371.70. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

HLT has been the subject of several analyst reports. BMO Capital Markets raised their target price on shares of Hilton Worldwide from $203.00 to $215.00 and gave the company a “market perform” rating in a research note on Wednesday, March 20th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Hilton Worldwide from $176.00 to $185.00 and gave the company a “hold” rating in a report on Thursday, April 25th. Barclays boosted their price target on Hilton Worldwide from $216.00 to $219.00 and gave the stock an “overweight” rating in a research report on Thursday, April 25th. Evercore ISI lifted their price objective on shares of Hilton Worldwide from $200.00 to $210.00 and gave the stock an “in-line” rating in a research report on Wednesday, March 20th. Finally, Susquehanna began coverage on shares of Hilton Worldwide in a report on Friday, June 21st. They set a “neutral” rating and a $215.00 target price for the company. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $208.00.

Get Our Latest Analysis on HLT

Hilton Worldwide Trading Down 2.0 %

Shares of HLT stock traded down $4.27 during trading hours on Monday, hitting $213.93. 1,011,422 shares of the company’s stock were exchanged, compared to its average volume of 1,570,435. Hilton Worldwide Holdings Inc. has a 12-month low of $142.50 and a 12-month high of $218.83. The company has a market capitalization of $53.49 billion, a PE ratio of 47.43, a PEG ratio of 1.91 and a beta of 1.31. The business’s 50 day simple moving average is $205.11 and its 200-day simple moving average is $199.24.

Hilton Worldwide (NYSE:HLTGet Free Report) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.12. Hilton Worldwide had a negative return on equity of 81.29% and a net margin of 11.41%. The business had revenue of $2.57 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same period in the previous year, the firm earned $1.24 EPS. The business’s quarterly revenue was up 12.2% on a year-over-year basis. Equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.07 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 17th were paid a dividend of $0.15 per share. The ex-dividend date was Thursday, May 16th. This represents a $0.60 annualized dividend and a dividend yield of 0.28%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

About Hilton Worldwide

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Hilton Worldwide (NYSE:HLT)

Receive News & Ratings for Hilton Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hilton Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.