GF Fund Management CO. LTD. Invests $415,000 in Hilton Worldwide Holdings Inc. (NYSE:HLT)

GF Fund Management CO. LTD. purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,681 shares of the company's stock, valued at approximately $415,000.

Other hedge funds have also made changes to their positions in the company. Fiduciary Trust Co boosted its stake in shares of Hilton Worldwide by 0.5% during the fourth quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock valued at $1,810,000 after acquiring an additional 38 shares during the last quarter. Palumbo Wealth Management LLC boosted its stake in shares of Hilton Worldwide by 2.0% during the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock valued at $528,000 after acquiring an additional 41 shares during the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of Hilton Worldwide by 1.3% during the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock valued at $799,000 after acquiring an additional 43 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in shares of Hilton Worldwide by 3.7% during the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock valued at $351,000 after acquiring an additional 51 shares during the last quarter. Finally, CoreCap Advisors LLC boosted its stake in shares of Hilton Worldwide by 6.1% during the fourth quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock valued at $220,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on HLT. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and increased their price objective for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Morgan Stanley decreased their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Wells Fargo & Company raised their price target on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a research note on Tuesday, February 4th. Mizuho reissued a "neutral" rating and issued a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Eleven equities 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's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $245.56.

Hilton Worldwide Trading Down 0.4%

HLT stock traded down $1.00 during midday trading on Friday, hitting $247.26. 744,914 shares of the company's stock were exchanged, compared to its average volume of 1,754,771. The firm has a 50 day moving average price of $229.89 and a 200-day moving average price of $243.72. Hilton Worldwide Holdings Inc. has a 12-month low of $194.93 and a 12-month high of $275.22. The stock has a market capitalization of $58.77 billion, a price-to-earnings ratio of 40.24, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23.

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

Hilton Worldwide Dividend Announcement

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

Hilton Worldwide Company 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.