Callan Family Office LLC Has $1.19 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Key Points

• Callan Family Office LLC increased its stake in Hilton Worldwide Holdings Inc. by 143.7% in the first quarter, owning 5,218 shares valued at approximately $1.19 million.
• The company's quarterly earnings showed an EPS of $2.20, surpassing estimates by $0.16, along with a revenue of $3.14 billion, representing a 6.3% increase compared to the same quarter last year.
• Hilton Worldwide recently declared a quarterly dividend of $0.15 per share, translating to an annualized dividend yield of 0.2%, with a payout ratio of 9.22%.

Callan Family Office LLC lifted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 143.7% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,218 shares of the company's stock after acquiring an additional 3,077 shares during the quarter. Callan Family Office LLC's holdings in Hilton Worldwide were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nuveen LLC acquired a new position in Hilton Worldwide in the 1st quarter worth $353,985,000. GAMMA Investing LLC lifted its holdings in Hilton Worldwide by 23,543.6% in the 1st quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock worth $2,397,370,000 after buying an additional 1,049,101 shares in the last quarter. Marshall Wace LLP lifted its holdings in Hilton Worldwide by 426.9% in 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 in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Hilton Worldwide by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,140,782 shares of the company's stock worth $487,135,000 after buying an additional 494,224 shares in the last quarter. Finally, SurgoCap Partners LP acquired a new position in Hilton Worldwide in the 4th quarter worth $109,492,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of recent analyst reports. Macquarie boosted their price objective on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 target price for the company. 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 research report on Wednesday, July 30th. Truist Financial boosted their target price on shares of Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research report on Thursday, July 24th. Finally, Morgan Stanley dropped their target price on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Nine equities research 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 MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $264.40.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded down $2.54 during trading on Friday, hitting $267.80. 1,699,130 shares of the company's stock traded hands, compared to its average volume of 2,030,661. The firm's fifty day moving average price is $264.10 and its 200 day moving average price is $248.80. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.46. The company has a market cap of $62.98 billion, a PE ratio of 41.14, a PEG ratio of 2.69 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results 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 firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate 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 last year, the firm posted $1.91 EPS. As a group, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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

About Hilton Worldwide

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.