1,681 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Acquired by GF Fund Management CO. LTD.

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

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Norges Bank purchased a new position in shares of Hilton Worldwide during the 4th quarter worth approximately $694,787,000. JPMorgan Chase & Co. boosted its stake in Hilton Worldwide by 13.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock valued at $1,952,314,000 after purchasing an additional 919,424 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Hilton Worldwide by 26.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock valued at $806,999,000 after purchasing an additional 685,023 shares during the last quarter. Marshall Wace LLP boosted its stake in Hilton Worldwide by 426.9% during the 4th quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock valued at $188,400,000 after purchasing an additional 617,604 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in Hilton Worldwide by 2,746.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company's stock valued at $133,487,000 after purchasing an additional 484,436 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Down 1.0%

Hilton Worldwide stock traded down $2.43 during midday trading on Wednesday, reaching $250.65. The stock had a trading volume of 1,724,737 shares, compared to its average volume of 1,760,099. The company has a fifty day moving average of $229.14 and a 200 day moving average of $243.69. Hilton Worldwide Holdings Inc. has a 52-week low of $194.93 and a 52-week high of $275.22. The firm has a market cap of $59.58 billion, a price-to-earnings ratio of 40.76, 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 earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. The firm 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% on a year-over-year basis. During the same period in the previous year, the firm earned $1.53 earnings per share. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Monday, May 26th will be issued 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 payout ratio is 9.46%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Mizuho restated a "neutral" rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Macquarie lowered their target price on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a research report on Friday, May 2nd. Truist Financial lowered their target price on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating on the stock in a research report on Wednesday, April 30th. Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Finally, Robert W. Baird raised their price target on Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Eleven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $245.56.

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.