Hilton Worldwide Holdings Inc. (NYSE:HLT) Stock Holdings Increased by Cerity Partners LLC

Cerity Partners LLC lifted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 48.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,026 shares of the company's stock after acquiring an additional 6,521 shares during the quarter. Cerity Partners LLC's holdings in Hilton Worldwide were worth $4,821,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Palumbo Wealth Management LLC boosted its position in shares of Hilton Worldwide by 2.0% in the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock worth $528,000 after buying an additional 41 shares during the period. Concurrent Investment Advisors LLC lifted its position in Hilton Worldwide by 1.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock worth $799,000 after acquiring an additional 43 shares in the last quarter. Versant Capital Management Inc boosted its holdings in Hilton Worldwide by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 372 shares of the company's stock worth $92,000 after acquiring an additional 48 shares during the period. Arkadios Wealth Advisors raised its stake in shares of Hilton Worldwide by 2.8% during the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock valued at $444,000 after purchasing an additional 49 shares during the period. Finally, Angeles Wealth Management LLC lifted its position in shares of Hilton Worldwide by 3.7% during the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after purchasing an additional 51 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the company'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 directly 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 document filed with the SEC, which is available at this hyperlink. 2.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on HLT. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a report on Monday. Susquehanna lifted their target price on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Truist Financial reduced their price target on Hilton Worldwide from $258.00 to $251.00 and set a "hold" rating for the company in a report on Friday, March 21st. Morgan Stanley upped their target price on Hilton Worldwide from $265.00 to $274.00 and gave the company an "overweight" rating in a research report on Tuesday, March 4th. Finally, Barclays raised their price target on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an "overweight" rating in a research report on Friday, February 7th. Twelve research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $248.88.

Hilton Worldwide Stock Up 0.6 %

HLT stock traded up $1.34 during mid-day trading on Friday, reaching $210.43. The company had a trading volume of 2,144,466 shares, compared to its average volume of 1,726,844. The stock's 50-day simple moving average is $237.50 and its two-hundred day simple moving average is $243.51. The stock has a market capitalization of $50.42 billion, a P/E ratio of 34.22, a P/E/G ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. On average, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.29%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide's payout ratio is currently 9.76%.

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.