5,242 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Acquired by Anfield Capital Management LLC

Key Points

• Anfield Capital Management LLC acquired 5,242 shares of Hilton Worldwide Holdings Inc. for approximately $1,193,000 during the first quarter.
• Research analysts have generally positive ratings on the stock, with Jefferies Financial Group upgrading it to a "buy" and setting its price target at $296.00.
• Hilton Worldwide announced a quarterly dividend of $0.15 per share, which will be paid on September 30th, representing an annualized yield of 0.2%.

Anfield Capital Management LLC purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,242 shares of the company's stock, valued at approximately $1,193,000.

Several other hedge funds and other institutional investors have also bought and sold shares of HLT. Fiduciary Trust Co increased its stake in Hilton Worldwide by 0.5% in the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock worth $1,810,000 after acquiring an additional 38 shares during the last quarter. Apollon Wealth Management LLC boosted its position in shares of Hilton Worldwide by 2.9% during the first quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock valued at $351,000 after purchasing an additional 44 shares in the last quarter. First Bank & Trust boosted its position in shares of Hilton Worldwide by 0.5% during the first quarter. First Bank & Trust now owns 10,439 shares of the company's stock valued at $2,375,000 after purchasing an additional 48 shares in the last quarter. CoreCap Advisors LLC raised its stake in Hilton Worldwide by 6.1% during the fourth quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock valued at $220,000 after buying an additional 51 shares during the last quarter. Finally, Catalyst Financial Partners LLC raised its stake in Hilton Worldwide by 5.8% during the first quarter. Catalyst Financial Partners LLC now owns 961 shares of the company's stock valued at $219,000 after buying an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a research note on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. Raymond James Financial boosted their price target on Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Morgan Stanley decreased their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Macquarie boosted their price target on Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Finally, Truist Financial upped their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research report on Thursday, July 24th. Nine analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $264.40.

Hilton Worldwide Stock Down 0.9%

HLT traded down $2.54 during midday trading on Friday, reaching $267.80. The company had a trading volume of 1,699,130 shares, compared to its average volume of 1,869,087. The business has a 50-day moving average of $264.39 and a two-hundred day moving average of $248.90. The company has a market cap of $62.98 billion, a P/E ratio of 41.14, a P/E/G ratio of 2.66 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.16. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. The firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter last year, the business posted $1.91 earnings per share. The firm's revenue was up 6.3% on a year-over-year basis. On average, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.22%.

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.