Hilton Worldwide Holdings Inc. $HLT Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 21.2% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 58,708 shares of the company’s stock after buying an additional 10,288 shares during the period. Cetera Investment Advisers’ holdings in Hilton Worldwide were worth $17,852,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of HLT. CYBER HORNET ETFs LLC increased its holdings in shares of Hilton Worldwide by 4.7% during the 4th quarter. CYBER HORNET ETFs LLC now owns 720 shares of the company’s stock valued at $207,000 after purchasing an additional 32 shares in the last quarter. Waddell & Associates LLC boosted its position in Hilton Worldwide by 1.8% during the fourth quarter. Waddell & Associates LLC now owns 1,800 shares of the company’s stock worth $517,000 after purchasing an additional 32 shares in the last quarter. Eaton Financial Holdings Company LLC grew its holdings in Hilton Worldwide by 1.2% in the fourth quarter. Eaton Financial Holdings Company LLC now owns 2,782 shares of the company’s stock valued at $799,000 after purchasing an additional 34 shares during the period. Moss Adams Wealth Advisors LLC increased its position in shares of Hilton Worldwide by 2.8% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,330 shares of the company’s stock valued at $382,000 after buying an additional 36 shares in the last quarter. Finally, Quent Capital LLC increased its position in shares of Hilton Worldwide by 3.8% in the fourth quarter. Quent Capital LLC now owns 1,000 shares of the company’s stock valued at $287,000 after buying an additional 37 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $330.33 on Tuesday. The business’s 50 day moving average price is $334.05 and its 200-day moving average price is $318.51. Hilton Worldwide Holdings Inc. has a 1 year low of $253.54 and a 1 year high of $358.00. The firm has a market capitalization of $75.20 billion, a PE ratio of 50.43, a P/E/G ratio of 2.75 and a beta of 1.05.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Tuesday, April 28th. The company reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.03. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $2.95 billion. Hilton Worldwide had a net margin of 12.56% and a negative return on equity of 38.21%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.72 EPS. As a group, analysts expect that Hilton Worldwide Holdings Inc. will post 9.03 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. HSBC increased their target price on Hilton Worldwide from $353.00 to $387.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. BMO Capital Markets boosted their price target on shares of Hilton Worldwide from $325.00 to $345.00 and gave the stock a “market perform” rating in a report on Thursday, April 23rd. Rothschild & Co Redburn upped their price objective on shares of Hilton Worldwide from $320.00 to $325.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Weiss Ratings raised shares of Hilton Worldwide from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, April 29th. Finally, Truist Financial lifted their target price on shares of Hilton Worldwide from $307.00 to $312.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. Fourteen analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $350.36.

Hilton Worldwide Company Profile

Hilton Worldwide Holdings Inc is a global hospitality company that develops, owns, manages and franchises a broad portfolio of hotels and resorts. Its business spans full-service luxury and lifestyle properties, select- and focused-service hotels, and extended-stay accommodations. The company generates revenue through management and franchise fees, owned and leased real estate, and guest services, and supports customer retention and direct bookings through its Hilton Honors guest loyalty program.

Hilton’s brand portfolio includes internationally recognized names across the lodging spectrum, from luxury and upper-upscale brands to midscale and extended-stay offerings.