Cetera Investment Advisers Buys 2,516 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Cetera Investment Advisers increased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 8.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,659 shares of the company's stock after buying an additional 2,516 shares during the period. Cetera Investment Advisers' holdings in Hilton Worldwide were worth $7,825,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Czech National Bank boosted its position in shares of Hilton Worldwide by 5.3% during the 4th quarter. Czech National Bank now owns 52,857 shares of the company's stock valued at $13,064,000 after acquiring an additional 2,658 shares during the last quarter. Fiduciary Alliance LLC bought a new position in Hilton Worldwide during the fourth quarter valued at $1,246,000. Wedmont Private Capital grew its stake in shares of Hilton Worldwide by 8.1% in the 4th quarter. Wedmont Private Capital now owns 3,442 shares of the company's stock worth $828,000 after buying an additional 258 shares in the last quarter. Cooper Financial Group increased its holdings in shares of Hilton Worldwide by 12.4% in the 4th quarter. Cooper Financial Group now owns 3,637 shares of the company's stock worth $899,000 after buying an additional 401 shares during the last quarter. Finally, Friedenthal Financial purchased a new stake in shares of Hilton Worldwide during the 4th quarter valued at about $49,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Stock Up 1.3%

NYSE:HLT traded up $3.27 during mid-day trading on Friday, reaching $255.76. The company's stock had a trading volume of 1,704,695 shares, compared to its average volume of 1,759,753. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22. The stock has a fifty day moving average of $225.86 and a 200-day moving average of $243.09. The firm has a market capitalization of $60.79 billion, a PE ratio of 41.59, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter in the prior year, the company earned $1.53 EPS. The company's revenue was up 4.7% compared to the same quarter last year. On average, analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on HLT shares. Barclays reduced their price objective on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 30th. Macquarie decreased their price target on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Robert W. Baird lifted their price objective on shares of Hilton Worldwide from $242.00 to $246.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 30th. Wells Fargo & Company increased their target price 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, Truist Financial dropped their price target on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. Eleven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $245.56.

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.