5,295 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Acquired by Birinyi Associates Inc.

Birinyi Associates Inc. bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 5,295 shares of the company's stock, valued at approximately $1,205,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sowell Financial Services LLC bought a new stake in Hilton Worldwide in the 1st quarter valued at $314,000. Artemis Investment Management LLP boosted its stake in Hilton Worldwide by 3.9% in the 1st quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock valued at $37,155,000 after purchasing an additional 6,146 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in Hilton Worldwide by 8.1% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock valued at $1,100,530,000 after purchasing an additional 364,307 shares during the period. Flagship Harbor Advisors LLC acquired a new position in Hilton Worldwide in the 1st quarter valued at $217,000. Finally, Oppenheimer Asset Management Inc. raised its holdings in Hilton Worldwide by 44.3% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 5,507 shares of the company's stock valued at $1,253,000 after acquiring an additional 1,691 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Stock Up 0.1%

Shares of NYSE HLT traded up $0.39 during trading on Friday, reaching $272.60. The company had a trading volume of 2,352,514 shares, compared to its average volume of 1,794,985. The company's fifty day moving average price is $257.75 and its 200-day moving average price is $245.93. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $279.46. The stock has a market cap of $64.80 billion, a P/E ratio of 43.00, a PEG ratio of 2.79 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results 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 negative return on equity of 49.50% and a net margin of 13.90%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the previous year, the company posted $1.53 EPS. The business's revenue was up 4.7% on a year-over-year basis. As a group, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 0.23%. Hilton Worldwide's payout ratio is 9.46%.

Analyst Ratings Changes

A number of research firms have recently commented on HLT. Truist Financial lowered their price target on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Macquarie lowered their price target on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Morgan Stanley reduced their price objective on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Finally, Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Ten investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and a consensus target price of $250.94.

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.