Farther Finance Advisors LLC Has $311,000 Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Farther Finance Advisors LLC boosted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 6.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,257 shares of the company’s stock after purchasing an additional 75 shares during the period. Farther Finance Advisors LLC’s holdings in Hilton Worldwide were worth $311,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of HLT. Noble Wealth Management PBC purchased a new position in Hilton Worldwide during the fourth quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth about $34,000. Groupama Asset Managment lifted its stake in Hilton Worldwide by 37.8% in the third quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock valued at $35,000 after acquiring an additional 4,118 shares during the last quarter. Sierra Ocean LLC bought a new stake in Hilton Worldwide in the fourth quarter worth approximately $36,000. Finally, True Wealth Design LLC increased its stake in shares of Hilton Worldwide by 2,400.0% during the 3rd quarter. True Wealth Design LLC now owns 175 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently weighed in on HLT shares. JPMorgan Chase & Co. boosted their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Wells Fargo & Company upped their target price on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Mizuho reiterated a “neutral” rating and issued a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Raymond James boosted their price target on Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Finally, Barclays lifted their price objective on Hilton Worldwide from $270.00 to $287.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Hilton Worldwide currently has an average rating of “Hold” and an average price target of $250.61.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the sale, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.50% of the stock is currently owned by insiders.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $234.33 on Tuesday. The firm has a market cap of $56.38 billion, a PE ratio of 38.10, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29. The business has a 50 day moving average price of $253.19 and a 200-day moving average price of $244.13. Hilton Worldwide Holdings Inc. has a fifty-two week low of $193.86 and a fifty-two week high of $275.22.

Hilton Worldwide (NYSE:HLT) last released 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 net margin of 13.74% and a negative return on equity of 54.47%. Research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.76%.

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.