Mitsubishi UFJ Trust & Banking Corp Has $27.71 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mitsubishi UFJ Trust & Banking Corp decreased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 5.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,099 shares of the company’s stock after selling 6,438 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Hilton Worldwide were worth $27,706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of HLT. Keystone Investors PTE Ltd. bought a new position in Hilton Worldwide in the 4th quarter valued at $2,101,000. TD Asset Management Inc. increased its stake in shares of Hilton Worldwide by 5.0% in the fourth quarter. TD Asset Management Inc. now owns 1,938,977 shares of the company’s stock valued at $479,238,000 after buying an additional 91,944 shares in the last quarter. EFG Asset Management North America Corp. raised its holdings in shares of Hilton Worldwide by 76.1% in the fourth quarter. EFG Asset Management North America Corp. now owns 26,913 shares of the company’s stock valued at $6,655,000 after buying an additional 11,634 shares during the last quarter. Corebridge Financial Inc. lifted its position in Hilton Worldwide by 2.2% during the 4th quarter. Corebridge Financial Inc. now owns 83,313 shares of the company’s stock worth $20,592,000 after buying an additional 1,781 shares in the last quarter. Finally, Stevens Capital Management LP bought a new stake in Hilton Worldwide during the 4th quarter worth about $484,000. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Up 0.0 %

Shares of Hilton Worldwide stock opened at $234.68 on Thursday. Hilton Worldwide Holdings Inc. has a 12 month low of $193.86 and a 12 month high of $275.22. The stock’s fifty day simple moving average is $251.65 and its 200 day simple moving average is $244.69. The company has a market capitalization of $56.46 billion, a PE ratio of 38.16, a PEG ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. Analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HLT shares. Macquarie upped their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Raymond James increased their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. The Goldman Sachs Group lifted their target price on Hilton Worldwide from $247.00 to $277.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Truist Financial decreased their price target on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a report on Friday, March 21st. Finally, Wells Fargo & Company boosted their price objective on Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Eleven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Hilton Worldwide currently has a consensus rating of “Hold” and a consensus target price of $254.53.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction 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 $20,802,871.89. This represents a 34.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 2.50% of the company’s stock.

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.