Capital International Ltd. CA lessened its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 66.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,617 shares of the company’s stock after selling 23,398 shares during the quarter. Capital International Ltd. CA’s holdings in Hilton Worldwide were worth $3,337,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of HLT. Caitlin John LLC acquired a new position in shares of Hilton Worldwide in the 3rd quarter valued at $32,000. ST Germain D J Co. Inc. acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at $33,000. Ameritas Advisory Services LLC increased its holdings in shares of Hilton Worldwide by 110.6% in the 3rd quarter. Ameritas Advisory Services LLC now owns 139 shares of the company’s stock valued at $36,000 after acquiring an additional 73 shares during the period. BOCHK Asset Management Ltd acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at $43,000. Finally, Elyxium Wealth LLC acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at $47,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.
Hilton Worldwide Stock Up 0.2%
NYSE:HLT opened at $343.74 on Monday. Hilton Worldwide Holdings Inc. has a fifty-two week low of $241.45 and a fifty-two week high of $346.85. The stock has a market cap of $78.25 billion, a PE ratio of 52.48, a price-to-earnings-growth ratio of 2.99 and a beta of 1.05. The firm’s fifty day simple moving average is $322.05 and its 200-day simple moving average is $305.09.
Hilton Worldwide Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Friday, May 22nd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 22nd. Hilton Worldwide’s dividend payout ratio is presently 9.16%.
Analyst Upgrades and Downgrades
HLT has been the topic of a number of recent research reports. Evercore lifted their target price on shares of Hilton Worldwide from $335.00 to $350.00 in a report on Friday, April 24th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $339.00 target price on shares of Hilton Worldwide in a report on Wednesday, February 11th. Wells Fargo & Company lifted their target price on shares of Hilton Worldwide from $373.00 to $376.00 and gave the company an “overweight” rating in a report on Tuesday, April 14th. The Goldman Sachs Group lifted their target price on shares of Hilton Worldwide from $354.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Mizuho boosted their price objective on shares of Hilton Worldwide from $321.00 to $326.00 and gave the company a “neutral” rating in a research note on Tuesday, April 28th. Fourteen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $348.55.
Check Out Our Latest Report on HLT
About Hilton Worldwide
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.
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