Allianz SE Boosts Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Allianz SE raised its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 35.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,346 shares of the company's stock after buying an additional 1,406 shares during the quarter. Allianz SE's holdings in Hilton Worldwide were worth $1,216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC grew its stake in Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after acquiring an additional 74 shares in the last quarter. Beacon Capital Management LLC boosted its holdings in shares of Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the last quarter. Valley National Advisers Inc. grew its position in shares of Hilton Worldwide by 244.8% during the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares in the last quarter. Optiver Holding B.V. increased its holdings in shares of Hilton Worldwide by 127.1% in the fourth quarter. Optiver Holding B.V. now owns 218 shares of the company's stock worth $54,000 after purchasing an additional 122 shares during the last quarter. Finally, Wayfinding Financial LLC purchased a new stake in shares of Hilton Worldwide in the first quarter worth about $54,000. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Down 2.7%

NYSE:HLT opened at $260.79 on Monday. The stock has a fifty day simple moving average of $261.36 and a 200-day simple moving average of $247.78. The company has a market cap of $61.34 billion, a price-to-earnings ratio of 40.06, a price-to-earnings-growth ratio of 2.57 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.46.

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

Hilton Worldwide Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on HLT shares. Morgan Stanley cut their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. The Goldman Sachs Group reissued a "neutral" rating and issued a $235.00 target price (down from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Raymond James Financial boosted their target price on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Wednesday, July 30th. Barclays lowered their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. Finally, Robert W. Baird boosted their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the stock an "outperform" rating in a research note on Thursday, July 24th. Ten analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $259.19.

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.

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