GFI Investment Counsel Ltd. Has $66.80 Million Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

GFI Investment Counsel Ltd. boosted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 270,279 shares of the company’s stock after acquiring an additional 4,355 shares during the period. Hilton Worldwide comprises about 7.7% of GFI Investment Counsel Ltd.’s investment portfolio, making the stock its 6th biggest holding. GFI Investment Counsel Ltd. owned about 0.11% of Hilton Worldwide worth $66,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Franklin Resources Inc. boosted its position in Hilton Worldwide by 7.8% during the 4th quarter. Franklin Resources Inc. now owns 4,411,500 shares of the company’s stock valued at $1,090,346,000 after purchasing an additional 320,550 shares during the period. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Hilton Worldwide by 152.7% during the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 52,180 shares of the company’s stock valued at $12,901,000 after acquiring an additional 31,527 shares during the period. Summit Financial LLC acquired a new stake in shares of Hilton Worldwide in the 4th quarter worth about $229,000. AIA Group Ltd lifted its position in Hilton Worldwide by 1.3% in the 4th quarter. AIA Group Ltd now owns 20,465 shares of the company’s stock valued at $5,058,000 after purchasing an additional 263 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its stake in Hilton Worldwide by 19.9% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 24,621 shares of the company’s stock valued at $6,085,000 after purchasing an additional 4,080 shares during the period. 95.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on HLT shares. Raymond James lifted their price target on Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a report on Monday, February 10th. Mizuho reaffirmed a “neutral” rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Susquehanna increased their price target 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. lifted their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research note on Friday, December 13th. Finally, Macquarie increased their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the company a “neutral” rating in a research report on Friday, February 7th. Eleven research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $254.53.

Insider Buying and Selling at Hilton Worldwide

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 stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Performance

Hilton Worldwide stock opened at $227.53 on Tuesday. Hilton Worldwide Holdings Inc. has a 52 week low of $193.86 and a 52 week high of $275.22. The firm has a market capitalization of $54.52 billion, a price-to-earnings ratio of 37.00, a P/E/G ratio of 2.86 and a beta of 1.29. The company has a 50 day moving average price of $250.55 and a 200 day moving average price of $245.23.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. Equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date was Friday, February 21st. Hilton Worldwide’s payout ratio is presently 9.76%.

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.