Meeder Advisory Services Inc. Has $950,000 Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Meeder Advisory Services Inc. boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,452 shares of the company’s stock after buying an additional 92 shares during the period. Meeder Advisory Services Inc.’s holdings in Hilton Worldwide were worth $950,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Independence Bank of Kentucky lifted its position in Hilton Worldwide by 66.7% in the 1st quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock worth $27,000 after buying an additional 50 shares in the last quarter. EdgeRock Capital LLC acquired a new position in Hilton Worldwide in the fourth quarter worth approximately $25,000. Activest Wealth Management bought a new position in Hilton Worldwide during the fourth quarter valued at approximately $26,000. Frazier Financial Advisors LLC acquired a new position in shares of Hilton Worldwide during the 4th quarter worth $28,000. Finally, Pinnacle Bancorp Inc. acquired a new stake in shares of Hilton Worldwide in the first quarter worth about $34,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HLT. Wells Fargo & Company lifted their price target on shares of Hilton Worldwide from $196.00 to $200.00 and gave the company an “equal weight” rating in a research report on Wednesday, March 20th. Barclays increased their price objective on Hilton Worldwide from $216.00 to $219.00 and gave the company an “overweight” rating in a research report on Thursday, April 25th. TD Cowen increased their price target on shares of Hilton Worldwide from $215.00 to $230.00 and gave the company an “outperform” rating in a report on Wednesday, March 20th. HSBC boosted their price objective on shares of Hilton Worldwide from $219.00 to $254.00 and gave the stock a “buy” rating in a report on Wednesday, April 3rd. Finally, Mizuho reduced their target price on shares of Hilton Worldwide from $245.00 to $242.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Ten equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $208.00.

Insider Activity at Hilton Worldwide

In related news, Director Melanie Healey bought 2,000 shares of Hilton Worldwide stock in a transaction dated Tuesday, May 28th. The shares were bought at an average cost of $199.65 per share, for a total transaction of $399,300.00. Following the completion of the transaction, the director now owns 14,938 shares of the company’s stock, valued at $2,982,371.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.50% of the stock is currently owned by company insiders.

Hilton Worldwide Trading Up 1.7 %

HLT stock traded up $3.79 during trading on Tuesday, hitting $226.78. 254,558 shares of the stock traded hands, compared to its average volume of 1,551,962. The stock has a market cap of $56.71 billion, a price-to-earnings ratio of 48.48, a P/E/G ratio of 1.93 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a one year low of $146.00 and a one year high of $227.15. The company has a 50 day simple moving average of $208.94 and a 200 day simple moving average of $202.11.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.12. The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.51 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $1.24 earnings per share. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7.07 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, May 17th were paid a $0.15 dividend. The ex-dividend date was Thursday, May 16th. 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 presently 13.04%.

Hilton Worldwide Company 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.