Argentarii LLC Increases Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Argentarii LLC grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 37.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,290 shares of the company's stock after acquiring an additional 1,986 shares during the quarter. Hilton Worldwide comprises approximately 0.8% of Argentarii LLC's portfolio, making the stock its 29th biggest position. Argentarii LLC's holdings in Hilton Worldwide were worth $1,659,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of HLT. Norges Bank acquired a new stake in Hilton Worldwide in the fourth quarter valued at $694,787,000. GAMMA Investing LLC lifted its holdings in Hilton Worldwide by 23,543.6% in the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock valued at $2,397,370,000 after acquiring an additional 1,049,101 shares during the period. JPMorgan Chase & Co. increased its position in shares of Hilton Worldwide by 13.2% in the fourth quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock valued at $1,952,314,000 after buying an additional 919,424 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Hilton Worldwide by 26.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock worth $806,999,000 after buying an additional 685,023 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in shares of Hilton Worldwide by 426.9% during the 4th quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock worth $188,400,000 after buying an additional 617,604 shares during the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on HLT. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and lifted their price target for the stock from $228.00 to $296.00 in a research note on Monday, May 12th. 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 research note on Tuesday, April 22nd. JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a research note on Monday, June 23rd. They set an "overweight" rating and a $282.00 price target for the company. Evercore ISI dropped their price objective on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research report on Wednesday, April 23rd. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Ten 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's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $249.06.

Hilton Worldwide Price Performance

NYSE HLT opened at $273.21 on Friday. The firm has a market capitalization of $64.94 billion, a P/E ratio of 43.09, a P/E/G ratio of 3.09 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $275.22. The business's 50-day simple moving average is $249.95 and its 200-day simple moving average is $244.22.

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

Hilton Worldwide Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, June 27th. Investors of record on Monday, May 26th were given a dividend of $0.15 per share. This represents a yield of 0.23%. The ex-dividend date was Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.46%.

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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