Unigestion Holding SA Makes New Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Unigestion Holding SA purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,900 shares of the company’s stock, valued at approximately $470,000.

Several other institutional investors also recently modified their holdings of HLT. Noble Wealth Management PBC bought a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $27,000. VSM Wealth Advisory LLC bought a new position in Hilton Worldwide during the 4th quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Hilton Worldwide in the 4th quarter worth approximately $34,000. Groupama Asset Managment boosted its stake in shares of Hilton Worldwide by 37.8% in the 3rd quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock valued at $35,000 after purchasing an additional 4,118 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new stake in shares of Hilton Worldwide during the fourth quarter worth $36,000. Institutional investors own 95.90% of the company’s stock.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the business’s stock in a transaction dated 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 transaction, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. 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 Stock Performance

Shares of HLT opened at $208.72 on Monday. The firm has a market capitalization of $50.01 billion, a P/E ratio of 33.94, a P/E/G ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The stock has a 50 day moving average price of $248.39 and a two-hundred day moving average price of $245.29.

Hilton Worldwide (NYSE:HLT) last issued 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%. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.76%.

Analysts Set New Price Targets

A number of brokerages have commented on HLT. Jefferies Financial Group upped their price target on shares of Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Susquehanna raised their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. boosted their price target on Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Mizuho reiterated a “neutral” rating and issued a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Finally, Macquarie increased their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research note on Friday, February 7th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $254.56.

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.