Brown Advisory Inc. Has $313.81 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Brown Advisory Inc. reduced its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 15.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,269,653 shares of the company's stock after selling 232,870 shares during the quarter. Brown Advisory Inc. owned approximately 0.52% of Hilton Worldwide worth $313,807,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Principal Financial Group Inc. boosted its stake in shares of Hilton Worldwide by 15.3% in the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock valued at $2,479,354,000 after buying an additional 1,429,537 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Hilton Worldwide during the 3rd quarter worth $765,000. Franklin Resources Inc. raised its stake in Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company's stock valued at $1,012,069,000 after purchasing an additional 121,900 shares in the last quarter. Versant Capital Management Inc lifted its position in Hilton Worldwide by 14.8% during the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company's stock worth $92,000 after purchasing an additional 48 shares during the period. Finally, GAMMA Investing LLC grew its stake in Hilton Worldwide by 20.2% during the fourth quarter. GAMMA Investing LLC now owns 4,456 shares of the company's stock worth $1,101,000 after buying an additional 750 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.60% of the stock is owned by insiders.

Hilton Worldwide Price Performance

NYSE HLT traded up $5.21 during mid-day trading on Wednesday, reaching $241.80. 2,099,858 shares of the stock were exchanged, compared to its average volume of 1,757,004. The stock has a market cap of $57.48 billion, a P/E ratio of 39.32, a P/E/G ratio of 2.86 and a beta of 1.23. The stock has a 50 day simple moving average of $226.70 and a 200-day simple moving average of $242.51. Hilton Worldwide Holdings Inc. has a one year low of $194.93 and a one year high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the previous year, the business earned $1.53 EPS. The firm's revenue was up 4.7% compared to the same quarter last year. Sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.25%. Hilton Worldwide's dividend payout ratio is currently 9.46%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HLT shares. Morgan Stanley decreased their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Raymond James boosted their target price on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Jefferies Financial Group reduced their price target on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Wells Fargo & Company increased their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. Finally, Barclays decreased their target price on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $241.31.

Hilton Worldwide 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.