Brown Advisory Inc. Has $260.41 Million Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Brown Advisory Inc. decreased its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 9.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,144,390 shares of the company's stock after selling 125,263 shares during the period. Brown Advisory Inc. owned approximately 0.48% of Hilton Worldwide worth $260,406,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp lifted its position in Hilton Worldwide by 194.8% in the fourth quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock worth $651,000 after purchasing an additional 1,740 shares during the period. Proficio Capital Partners LLC bought a new position in Hilton Worldwide in the fourth quarter worth $260,000. Callan Family Office LLC bought a new position in Hilton Worldwide in the fourth quarter worth $529,000. Ashton Thomas Private Wealth LLC lifted its holdings in shares of Hilton Worldwide by 1.6% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 3,768 shares of the company's stock valued at $931,000 after acquiring an additional 61 shares during the period. Finally, Banco Santander S.A. lifted its holdings in shares of Hilton Worldwide by 116.4% during the fourth quarter. Banco Santander S.A. now owns 7,262 shares of the company's stock valued at $1,795,000 after acquiring an additional 3,906 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

NYSE HLT opened at $270.75 on Tuesday. The stock has a market capitalization of $64.36 billion, a price-to-earnings ratio of 42.71, a PEG ratio of 3.09 and a beta of 1.25. The stock's 50 day moving average price is $250.93 and its two-hundred day moving average price is $244.36. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating the consensus estimate 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 analysts' expectations of $2.73 billion. During the same quarter in the previous year, the business posted $1.53 EPS. The business's quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

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

Analyst Upgrades and Downgrades

HLT has been the subject of a number of analyst reports. Evercore ISI cut their price objective on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a report on Wednesday, April 23rd. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a report 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. Truist Financial cut 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. Finally, Macquarie cut 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. Ten investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $249.06.

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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