Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 1,810 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,835 shares of the company’s stock after selling 1,810 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Hilton Worldwide were worth $12,812,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Noble Wealth Management PBC bought a new stake in shares of Hilton Worldwide in the fourth quarter valued at about $27,000. VSM Wealth Advisory LLC bought a new stake in Hilton Worldwide during the fourth quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Hilton Worldwide during the fourth quarter worth about $34,000. Groupama Asset Managment lifted its position in Hilton Worldwide by 37.8% during the third quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock worth $35,000 after purchasing an additional 4,118 shares during the period. Finally, Sierra Ocean LLC bought a new stake in Hilton Worldwide during the fourth quarter worth about $36,000. Institutional investors own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on HLT. JPMorgan Chase & Co. upped their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Barclays upped their price objective on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a research report on Friday, February 7th. Macquarie upped their price objective on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Truist Financial lowered their target price on Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating for the company in a research note on Friday. Finally, Susquehanna boosted their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Eleven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average 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 stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.50% of the company’s stock.

Hilton Worldwide Price Performance

Hilton Worldwide stock opened at $228.78 on Friday. The business has a 50 day moving average of $252.22 and a 200-day moving average of $244.08. Hilton Worldwide Holdings Inc. has a 1 year low of $193.86 and a 1 year high of $275.22. The company has a market capitalization of $55.04 billion, a P/E ratio of 37.20, a P/E/G ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last released its 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 net margin of 13.74% and a negative return on equity of 54.47%. Equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be 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 is Friday, February 21st. Hilton Worldwide’s dividend payout ratio is presently 9.76%.

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.