Caxton Associates LP Buys 10,717 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Caxton Associates LP lifted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 160.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,404 shares of the company's stock after purchasing an additional 10,717 shares during the quarter. Caxton Associates LP's holdings in Hilton Worldwide were worth $4,302,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its holdings in Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after buying an additional 1,429,537 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Hilton Worldwide in the third quarter worth approximately $765,000. Versant Capital Management Inc boosted its holdings in Hilton Worldwide by 14.8% in the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company's stock valued at $92,000 after acquiring an additional 48 shares during the last quarter. Sterneck Capital Management LLC acquired a new stake in Hilton Worldwide during the 4th quarter valued at approximately $244,000. Finally, Fulton Bank N.A. raised its holdings in Hilton Worldwide by 8.8% during the 4th quarter. Fulton Bank N.A. now owns 2,383 shares of the company's stock worth $589,000 after purchasing an additional 192 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently commented on HLT. Raymond James upped their target price on Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Evercore ISI reduced their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research report on Wednesday, April 23rd. Mizuho reiterated a "neutral" rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Truist Financial reduced their price target on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Finally, Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $241.31.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $241.11 on Monday. Hilton Worldwide Holdings Inc. has a fifty-two week low of $194.93 and a fifty-two week high of $275.22. The company's 50-day moving average is $227.55 and its 200 day moving average is $242.55. The company has a market capitalization of $57.31 billion, a P/E ratio of 39.20, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted 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. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The company had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter in the previous year, the firm posted $1.53 EPS. Hilton Worldwide's revenue was up 4.7% on a year-over-year basis. As a group, research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.25%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.46%.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction 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 sale, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.60% of the company's stock.

About Hilton Worldwide

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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