Castlekeep Investment Advisors LLC Invests $4.70 Million in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Castlekeep Investment Advisors LLC purchased a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 19,031 shares of the company's stock, valued at approximately $4,704,000.

Several other institutional investors and hedge funds have also modified their holdings of HLT. Toronto Dominion Bank lifted its stake in shares of Hilton Worldwide by 1.6% in the 4th quarter. Toronto Dominion Bank now owns 134,983 shares of the company's stock valued at $33,361,000 after purchasing an additional 2,146 shares during the last quarter. GF Fund Management CO. LTD. acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at $415,000. Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at $2,377,000. Vise Technologies Inc. lifted its stake in shares of Hilton Worldwide by 108.1% in the 4th quarter. Vise Technologies Inc. now owns 2,035 shares of the company's stock valued at $503,000 after purchasing an additional 1,057 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Hilton Worldwide by 13.1% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 47,188 shares of the company's stock valued at $11,663,000 after purchasing an additional 5,464 shares during the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT traded down $2.43 on Wednesday, hitting $250.65. 1,724,737 shares of the company were exchanged, compared to its average volume of 1,757,602. The company's 50 day moving average price is $229.14 and its two-hundred day moving average price is $243.69. Hilton Worldwide Holdings Inc. has a one year low of $194.93 and a one year high of $275.22. The firm has a market capitalization of $59.58 billion, a price-to-earnings ratio of 40.76, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the previous year, the firm posted $1.53 EPS. The business's revenue was up 4.7% compared to the same quarter last year. Research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

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

Wall Street Analysts Forecast Growth

HLT has been the subject of several analyst reports. Macquarie reduced their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Barclays reduced their price objective 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. Mizuho reissued a "neutral" rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their target price for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Finally, Raymond James boosted their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research report on Monday, February 10th. Eleven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $245.56.

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.