Hilton Worldwide Holdings Inc. (NYSE:HLT) Holdings Trimmed by Darsana Capital Partners LP

Darsana Capital Partners LP cut its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 33.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,000,000 shares of the company's stock after selling 500,000 shares during the quarter. Hilton Worldwide makes up 7.5% of Darsana Capital Partners LP's portfolio, making the stock its 9th largest holding. Darsana Capital Partners LP owned about 0.41% of Hilton Worldwide worth $247,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. raised 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. Morse Asset Management Inc grew its holdings in Hilton Worldwide by 3.9% during the third quarter. Morse Asset Management Inc now owns 2,675 shares of the company's stock valued at $617,000 after purchasing an additional 100 shares during the last quarter. Anchor Investment Management LLC lifted its position in Hilton Worldwide by 97.0% during the 3rd quarter. Anchor Investment Management LLC now owns 465 shares of the company's stock worth $107,000 after acquiring an additional 229 shares during the last quarter. Eaton Financial Holdings Company LLC acquired a new stake in shares of Hilton Worldwide in the third quarter worth $669,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of Hilton Worldwide in the third quarter valued at about $765,000. Institutional investors own 95.90% of the company's stock.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide 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 sale, the insider now directly owns 77,383 shares of the company's stock, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale 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.

Hilton Worldwide Stock Performance

HLT stock traded up $7.02 during trading on Friday, hitting $241.11. 2,992,440 shares of the company's stock traded hands, compared to its average volume of 1,749,344. The stock has a market capitalization of $57.77 billion, a price-to-earnings ratio of 39.20, a P/E/G ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The business has a fifty day simple moving average of $227.55 and a 200 day simple moving average of $242.52.

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

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, February 21st were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide's dividend payout ratio is presently 9.76%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Robert W. Baird upped their price target on Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a research report on Wednesday. Wells Fargo & Company raised their price target on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Barclays reduced their price target on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a research report on Wednesday. Macquarie cut their target price on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a report on Friday. Finally, Truist Financial decreased their price objective on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research report on Wednesday. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price 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.