Cwm LLC Has $2.57 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

CWM LLC grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 10.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,288 shares of the company's stock after purchasing an additional 1,047 shares during the period. CWM LLC's holdings in Hilton Worldwide were worth $2,569,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Proficio Capital Partners LLC acquired a new position in Hilton Worldwide during the fourth quarter valued at $260,000. Commonwealth Equity Services LLC increased its position in Hilton Worldwide by 3.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 16,803 shares of the company's stock worth $4,153,000 after purchasing an additional 602 shares during the last quarter. VSM Wealth Advisory LLC acquired a new position in Hilton Worldwide in the 4th quarter worth about $28,000. Teacher Retirement System of Texas increased its position in Hilton Worldwide by 768.3% in the 4th quarter. Teacher Retirement System of Texas now owns 14,535 shares of the company's stock worth $3,592,000 after purchasing an additional 12,861 shares during the last quarter. Finally, Ballast Advisors LLC increased its position in Hilton Worldwide by 10.6% in the 4th quarter. Ballast Advisors LLC now owns 1,621 shares of the company's stock worth $401,000 after purchasing an additional 155 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Performance

HLT traded up $0.39 during mid-day trading on Friday, reaching $272.60. The stock had a trading volume of 2,352,514 shares, compared to its average volume of 1,794,985. The stock has a market capitalization of $64.80 billion, a P/E ratio of 43.00, a P/E/G ratio of 2.79 and a beta of 1.25. The firm's fifty day simple moving average is $257.75 and its two-hundred day simple moving average is $245.93. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results 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. 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 firm's revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $1.53 EPS. As a group, 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 announced a dividend, which was paid on Friday, June 27th. Investors of record on Monday, May 26th were given a $0.15 dividend. This represents a dividend yield of 0.23%. The ex-dividend date was Friday, May 23rd. Hilton Worldwide's dividend payout ratio is currently 9.46%.

Analyst Upgrades and Downgrades

HLT has been the subject of several recent analyst reports. JPMorgan Chase & Co. initiated 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. Truist Financial decreased their target price on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. Morgan Stanley decreased their target price 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. Robert W. Baird increased their target price on Hilton Worldwide from $246.00 to $276.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Barclays decreased their target price on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Ten analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target 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.