Captrust Financial Advisors Acquires 2,693 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Captrust Financial Advisors grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 15.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,798 shares of the company's stock after buying an additional 2,693 shares during the quarter. Captrust Financial Advisors' holdings in Hilton Worldwide were worth $4,893,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of HLT. Noble Wealth Management PBC purchased a new position in shares of Hilton Worldwide in the fourth quarter valued at about $27,000. VSM Wealth Advisory LLC purchased a new position in Hilton Worldwide during the 4th quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new position in Hilton Worldwide during the 4th quarter valued at approximately $34,000. Sierra Ocean LLC purchased a new stake in Hilton Worldwide in the 4th quarter worth approximately $36,000. Finally, Hopwood Financial Services Inc. bought a new stake in shares of Hilton Worldwide in the 4th quarter worth approximately $41,000. Institutional investors own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Barclays cut their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Mizuho reiterated a "neutral" rating and set a $263.00 price target (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Macquarie lowered their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Evercore ISI reduced their target price on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday, April 23rd. Finally, Truist Financial lowered their target price on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. Twelve research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $241.31.

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $243.18 on Friday. The firm has a market cap of $57.80 billion, a P/E ratio of 39.54, a PEG ratio of 2.86 and a beta of 1.23. The company has a 50 day moving average of $225.49 and a 200 day moving average of $242.58. Hilton Worldwide Holdings Inc. has a twelve month low of $194.93 and a twelve month high of $275.22.

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

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.

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