Fidelis Capital Partners LLC Has $1.13 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Fidelis Capital Partners LLC boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,821 shares of the company’s stock after purchasing an additional 61 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Hilton Worldwide were worth $1,126,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA increased its stake in shares of Hilton Worldwide by 36.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 4,754,647 shares of the company’s stock worth $1,037,464,000 after purchasing an additional 1,282,676 shares during the period. Capital World Investors boosted its holdings in Hilton Worldwide by 66.3% in the 1st quarter. Capital World Investors now owns 3,127,600 shares of the company’s stock valued at $667,148,000 after purchasing an additional 1,246,662 shares during the period. JPMorgan Chase & Co. raised its position in shares of Hilton Worldwide by 10.5% during the first quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the company’s stock valued at $1,715,908,000 after buying an additional 761,104 shares during the last quarter. International Assets Investment Management LLC lifted its stake in shares of Hilton Worldwide by 23,730.1% in the third quarter. International Assets Investment Management LLC now owns 479,223 shares of the company’s stock valued at $1,104,610,000 after buying an additional 477,212 shares during the period. Finally, PineStone Asset Management Inc. acquired a new stake in Hilton Worldwide during the second quarter worth about $98,607,000. Institutional investors own 95.90% of the company’s stock.

Insider Transactions at Hilton Worldwide

In related news, insider Michael W. Duffy sold 14,357 shares of Hilton Worldwide stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the sale, the insider now owns 22,833 shares of the company’s stock, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Hilton Worldwide news, insider Michael W. Duffy sold 14,357 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $235.73, for a total transaction of $3,384,375.61. Following the transaction, the insider now owns 22,833 shares of the company’s stock, valued at $5,382,423.09. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Laura Fuentes sold 4,919 shares of the firm’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares of the company’s stock, valued at $3,460,933. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Melius Research reissued a “hold” rating on shares of Hilton Worldwide in a report on Monday, October 21st. Macquarie lifted their price target on shares of Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. Barclays dropped their price objective on shares of Hilton Worldwide from $244.00 to $243.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. Evercore ISI lifted their target price on shares of Hilton Worldwide from $210.00 to $240.00 and gave the company an “in-line” rating in a research report on Monday, October 21st. Finally, Wells Fargo & Company cut their price target on shares of Hilton Worldwide from $237.00 to $232.00 and set an “equal weight” rating for the company in a research note on Thursday, October 24th. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $228.71.

Hilton Worldwide Trading Up 0.8 %

HLT stock opened at $239.14 on Wednesday. The firm has a market cap of $59.80 billion, a PE ratio of 51.99, a P/E/G ratio of 2.64 and a beta of 1.31. The business’s 50-day moving average price is $226.47 and its two-hundred day moving average price is $214.75. Hilton Worldwide Holdings Inc. has a 1-year low of $148.25 and a 1-year high of $240.00.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.07. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The business had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period last year, the company earned $1.67 earnings per share. Hilton Worldwide’s quarterly revenue was up 7.3% on a year-over-year basis. On average, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.03 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, November 15th. This represents a $0.60 annualized dividend and a yield of 0.25%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

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.