GTS Securities LLC Sells 8,260 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

GTS Securities LLC trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 74.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,855 shares of the company's stock after selling 8,260 shares during the period. GTS Securities LLC's holdings in Hilton Worldwide were worth $706,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Vise Technologies Inc. raised its holdings in shares of Hilton Worldwide by 108.1% during the 4th quarter. Vise Technologies Inc. now owns 2,035 shares of the company's stock worth $503,000 after acquiring an additional 1,057 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in shares of Hilton Worldwide by 13.1% during the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 47,188 shares of the company's stock worth $11,663,000 after acquiring an additional 5,464 shares in the last quarter. Waverly Advisors LLC purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth approximately $314,000. Whitebark Investors LP purchased a new stake in Hilton Worldwide during the 4th quarter valued at $6,540,000. Finally, Woodline Partners LP purchased a new stake in Hilton Worldwide during the 4th quarter valued at $3,618,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HLT. The Goldman Sachs Group restated a "neutral" rating and set a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Barclays decreased their price target on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. 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 report on Tuesday, April 22nd. Macquarie decreased their price target on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a report on Friday, May 2nd. Finally, Wells Fargo & Company increased their price target on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Eleven analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $245.56.

Hilton Worldwide Stock Performance

HLT stock traded down $0.90 during trading on Friday, reaching $247.37. 744,914 shares of the company traded hands, compared to its average volume of 1,754,757. Hilton Worldwide Holdings Inc. has a 12 month low of $194.93 and a 12 month high of $275.22. The business has a 50 day simple moving average of $229.89 and a 200 day simple moving average of $243.72. The company has a market capitalization of $58.80 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 data on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the company earned $1.53 earnings per share. The firm's revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

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.