Alta Advisers Ltd Buys Shares of 1,185 Hilton Worldwide Holdings Inc. (NYSE:HLT)

Alta Advisers Ltd purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,185 shares of the company's stock, valued at approximately $270,000.

A number of other institutional investors also recently bought and sold shares of the business. VSM Wealth Advisory LLC acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at $28,000. Hopwood Financial Services Inc. purchased a new stake in Hilton Worldwide in the fourth quarter valued at $41,000. ORG Partners LLC grew its holdings in shares of Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC grew its holdings in shares of Hilton Worldwide by 76.0% during the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after purchasing an additional 76 shares during the last quarter. Finally, OFI Invest Asset Management acquired a new stake in shares of Hilton Worldwide during the fourth quarter worth about $44,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Trading Up 1.1%

Shares of NYSE:HLT traded up $3.10 during midday trading on Thursday, hitting $273.21. The stock had a trading volume of 928,231 shares, compared to its average volume of 1,791,576. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $275.22. The stock has a 50 day moving average price of $247.80 and a two-hundred day moving average price of $243.91. The company has a market capitalization of $64.94 billion, a PE ratio of 43.09, a P/E/G ratio of 3.05 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the firm earned $1.53 earnings per share. The firm's revenue was up 4.7% compared to the same quarter last year. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, May 26th were given a $0.15 dividend. This represents a yield of 0.23%. The ex-dividend date was Friday, May 23rd. Hilton Worldwide's payout ratio is 9.46%.

Analyst Ratings Changes

HLT has been the topic of a number of research reports. The Goldman Sachs Group restated a "neutral" rating and set a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Evercore ISI cut their target price on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday, April 23rd. Barclays decreased their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 price objective on the stock. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $249.06.

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.