Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 6.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,311 shares of the company's stock after selling 5,622 shares during the period. Ensign Peak Advisors Inc's holdings in Hilton Worldwide were worth $20,591,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HLT. Norges Bank purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth about $694,787,000. JPMorgan Chase & Co. increased its stake in shares of Hilton Worldwide by 13.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock worth $1,952,314,000 after purchasing an additional 919,424 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Hilton Worldwide by 26.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock worth $806,999,000 after purchasing an additional 685,023 shares in the last quarter. Marshall Wace LLP increased its stake in shares of Hilton Worldwide by 426.9% during the fourth quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock worth $188,400,000 after purchasing an additional 617,604 shares in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich increased its stake in shares of Hilton Worldwide by 2,746.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company's stock worth $133,487,000 after purchasing an additional 484,436 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Up 1.3%

NYSE:HLT traded up $3.27 on Friday, hitting $255.76. The stock had a trading volume of 1,704,695 shares, compared to its average volume of 1,764,211. The stock has a market cap of $60.79 billion, a price-to-earnings ratio of 41.59, a PEG ratio of 2.86 and a beta of 1.23. The company has a fifty day moving average price of $226.35 and a two-hundred day moving average price of $243.23. Hilton Worldwide Holdings Inc. has a 1-year low of $194.93 and a 1-year high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 EPS 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 for the quarter, compared to analyst estimates of $2.73 billion. During the same period in the prior year, the business posted $1.53 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Mizuho reissued a "neutral" rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Morgan Stanley dropped their price objective on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Susquehanna upped their price objective on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Finally, Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and upped their price objective for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Eleven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $245.56.

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.