Integrated Investment Consultants LLC Has $339,000 Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Integrated Investment Consultants LLC cut its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,373 shares of the company’s stock after selling 44 shares during the quarter. Integrated Investment Consultants LLC’s holdings in Hilton Worldwide were worth $339,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Arkadios Wealth Advisors boosted its position in Hilton Worldwide by 2.8% during the 4th quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company’s stock worth $444,000 after buying an additional 49 shares during the period. Canoe Financial LP boosted its position in Hilton Worldwide by 4.2% during the 4th quarter. Canoe Financial LP now owns 44,076 shares of the company’s stock worth $10,894,000 after buying an additional 1,769 shares during the period. Brooklyn Investment Group boosted its position in Hilton Worldwide by 13.7% during the 4th quarter. Brooklyn Investment Group now owns 1,282 shares of the company’s stock worth $317,000 after buying an additional 154 shares during the period. Merit Financial Group LLC acquired a new stake in Hilton Worldwide during the 4th quarter worth approximately $754,000. Finally, Avanza Fonder AB acquired a new stake in Hilton Worldwide during the 4th quarter worth approximately $4,260,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Trading Up 0.0 %

NYSE HLT opened at $246.69 on Friday. The company has a fifty day simple moving average of $249.51 and a 200 day simple moving average of $232.07. Hilton Worldwide Holdings Inc. has a 12-month low of $182.86 and a 12-month high of $259.01. The company has a market cap of $60.14 billion, a P/E ratio of 52.94, a PEG ratio of 2.69 and a beta of 1.30.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.07. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.90 billion. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. Hilton Worldwide’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.67 EPS. Sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, November 15th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date was Friday, November 15th. Hilton Worldwide’s dividend payout ratio is 12.88%.

Hilton Worldwide declared that its Board of Directors has authorized a share buyback program on Thursday, November 14th that authorizes the company to repurchase $3.50 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 5.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research firms have issued reports on HLT. TD Cowen lowered their price target on shares of Hilton Worldwide from $265.00 to $256.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Evercore ISI raised their price target on shares of Hilton Worldwide from $210.00 to $240.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. Mizuho raised their price target on shares of Hilton Worldwide from $237.00 to $243.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Melius lowered shares of Hilton Worldwide from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Finally, Jefferies Financial Group raised their price target on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of “Hold” and a consensus target price of $238.24.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Michael W. Duffy sold 23,366 shares of Hilton Worldwide stock in a transaction on Monday, December 16th. The shares were sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now directly owns 22,833 shares of the company’s stock, valued at $5,746,152.78. The trade was a 50.58 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.50% of the company’s stock.

Hilton Worldwide 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.