Trust Investment Advisors Invests $215,000 in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Trust Investment Advisors bought a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,180 shares of the company’s stock, valued at approximately $215,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Activest Wealth Management bought a new stake in shares of Hilton Worldwide in the 4th quarter worth about $26,000. OFI Invest Asset Management acquired a new position in shares of Hilton Worldwide in the 3rd quarter valued at about $25,000. McGlone Suttner Wealth Management Inc. acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at about $37,000. Exchange Traded Concepts LLC acquired a new position in shares of Hilton Worldwide in the 3rd quarter valued at about $31,000. Finally, VitalStone Financial LLC boosted its holdings in shares of Hilton Worldwide by 115.4% in the 1st quarter. VitalStone Financial LLC now owns 224 shares of the company’s stock valued at $35,000 after buying an additional 120 shares during the period. Institutional investors own 95.90% of the company’s stock.

Insider Buying and Selling at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 21,489 shares of Hilton Worldwide stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the completion of the transaction, the insider now directly owns 2,536,478 shares of the company’s stock, valued at approximately $496,338,015.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on HLT shares. TD Cowen lifted 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. Mizuho started coverage on shares of Hilton Worldwide in a report on Tuesday, March 26th. They issued a “buy” rating and a $245.00 price target for the company. Bank of America lifted their price target on shares of Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a report on Friday, March 15th. Evercore ISI boosted their target price on shares of Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a research note on Wednesday, March 20th. Finally, HSBC boosted their target price on shares of Hilton Worldwide from $219.00 to $254.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $201.28.

Hilton Worldwide Stock Down 0.8 %

Shares of HLT traded down $1.66 during mid-day trading on Thursday, hitting $198.82. 1,273,640 shares of the company’s stock were exchanged, compared to its average volume of 1,444,457. The firm has a fifty day moving average of $205.00 and a two-hundred day moving average of $182.62. Hilton Worldwide Holdings Inc. has a twelve month low of $134.43 and a twelve month high of $215.79. The stock has a market cap of $49.97 billion, a price-to-earnings ratio of 46.30, a P/E/G ratio of 1.79 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.57 by $0.11. Hilton Worldwide had a net margin of 11.15% and a negative return on equity of 94.46%. The company had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the prior year, the business posted $1.59 EPS. Hilton Worldwide’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.06 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, February 23rd were paid a $0.15 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.30%. Hilton Worldwide’s payout ratio is presently 13.86%.

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.