Nebula Research & Development LLC Raises Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Nebula Research & Development LLC lifted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 14.3% during the 4th quarter, Holdings Channel reports. The firm owned 11,030 shares of the company’s stock after acquiring an additional 1,379 shares during the period. Nebula Research & Development LLC’s holdings in Hilton Worldwide were worth $2,726,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of HLT. Wilmington Savings Fund Society FSB purchased a new position in shares of Hilton Worldwide during the third quarter valued at approximately $765,000. Jones Financial Companies Lllp raised its holdings in Hilton Worldwide by 194.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company’s stock worth $651,000 after purchasing an additional 1,740 shares in the last quarter. Amundi lifted its position in shares of Hilton Worldwide by 24.2% in the 4th quarter. Amundi now owns 953,938 shares of the company’s stock worth $232,098,000 after purchasing an additional 185,765 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Hilton Worldwide by 2.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company’s stock valued at $55,774,000 after buying an additional 4,846 shares during the period. Finally, Franklin Resources Inc. raised its stake in Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after buying an additional 121,900 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Insider Activity at Hilton Worldwide

In other 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 transaction of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares of the company’s stock, valued at $20,802,871.89. The trade was a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 2.60% of the stock is owned by insiders.

Hilton Worldwide Stock Up 1.9 %

Shares of NYSE HLT opened at $219.42 on Friday. The firm has a market cap of $52.58 billion, a P/E ratio of 35.68, a PEG ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a twelve month low of $194.93 and a twelve month high of $275.22. The company has a 50 day moving average of $231.84 and a 200 day moving average of $242.84.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, topping 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%. As a group, equities analysts expect 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. Stockholders 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 annualized dividend and a dividend yield of 0.27%. Hilton Worldwide’s payout ratio is 9.76%.

Analyst Ratings Changes

HLT has been the topic of a number of research analyst reports. Barclays reduced their target price on Hilton Worldwide from $287.00 to $233.00 and set an “overweight” rating on the stock in a report on Tuesday. Wells Fargo & Company increased their price objective on Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Jefferies Financial Group dropped their target price on shares of Hilton Worldwide from $277.00 to $228.00 and set a “hold” rating on the stock in a report on Wednesday, April 9th. Susquehanna increased their price target on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Finally, Truist Financial dropped their price objective on shares of Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating on the stock in a research note on Friday, March 21st. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $243.75.

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.