1,957 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Bought by Stevens Capital Management LP

Stevens Capital Management LP bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,957 shares of the company’s stock, valued at approximately $484,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Palumbo Wealth Management LLC increased its holdings in Hilton Worldwide by 2.0% during the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company’s stock worth $528,000 after buying an additional 41 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in Hilton Worldwide by 1.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company’s stock worth $799,000 after buying an additional 43 shares during the last quarter. Versant Capital Management Inc increased its holdings in Hilton Worldwide by 14.8% during the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company’s stock worth $92,000 after buying an additional 48 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of Hilton Worldwide by 2.8% in the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company’s stock valued at $444,000 after purchasing an additional 49 shares during the last quarter. Finally, Angeles Wealth Management LLC increased its holdings in shares of Hilton Worldwide by 3.7% in the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company’s stock valued at $351,000 after purchasing an additional 51 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Hilton Worldwide

In other 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 value 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Down 1.3 %

HLT opened at $228.78 on Monday. Hilton Worldwide Holdings Inc. has a twelve month low of $193.86 and a twelve month high of $275.22. The company has a 50-day simple moving average of $252.22 and a 200 day simple moving average of $244.49. The stock has a market capitalization of $55.04 billion, a price-to-earnings ratio of 37.20, a P/E/G ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Thursday, February 6th. The company reported $1.76 EPS 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%. Sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Wall Street Analysts Forecast Growth

HLT has been the topic of several research reports. Barclays upped their price objective on shares of Hilton Worldwide from $270.00 to $287.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a report on Tuesday, February 4th. Macquarie upped their price objective on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a report on Friday, February 7th. Jefferies Financial Group upped their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Finally, Morgan Stanley upped their price objective on shares of Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a report on Tuesday, March 4th. Eleven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.