Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Artemis Investment Management LLP

Artemis Investment Management LLP increased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 3.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,281 shares of the company's stock after acquiring an additional 6,146 shares during the quarter. Artemis Investment Management LLP owned about 0.07% of Hilton Worldwide worth $37,155,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Sigma Planning Corp grew its stake in Hilton Worldwide by 12.3% during the 4th quarter. Sigma Planning Corp now owns 1,374 shares of the company's stock worth $340,000 after buying an additional 150 shares during the last quarter. IFP Advisors Inc boosted its holdings in shares of Hilton Worldwide by 30.1% in the fourth quarter. IFP Advisors Inc now owns 1,624 shares of the company's stock valued at $401,000 after acquiring an additional 376 shares during the period. Los Angeles Capital Management LLC grew its position in shares of Hilton Worldwide by 3.6% during the fourth quarter. Los Angeles Capital Management LLC now owns 7,572 shares of the company's stock worth $1,871,000 after acquiring an additional 264 shares during the last quarter. Illinois Municipal Retirement Fund increased its holdings in shares of Hilton Worldwide by 18.1% in the 4th quarter. Illinois Municipal Retirement Fund now owns 14,906 shares of the company's stock valued at $3,684,000 after acquiring an additional 2,283 shares during the period. Finally, Lake Street Advisors Group LLC raised its position in Hilton Worldwide by 11.0% in the 4th quarter. Lake Street Advisors Group LLC now owns 1,706 shares of the company's stock valued at $422,000 after purchasing an additional 169 shares during the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $257.91 on Friday. The stock has a fifty day moving average price of $243.20 and a 200 day moving average price of $243.55. The stock has a market cap of $61.30 billion, a PE ratio of 40.68, a P/E/G ratio of 2.87 and a beta of 1.24. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $275.22.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results 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 49.50% and a net margin of 13.90%. The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter last year, the business posted $1.53 earnings per share. The business's revenue for the quarter was up 4.7% on a year-over-year basis. As a group, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 0.23%. Hilton Worldwide's dividend payout ratio is currently 9.46%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Morgan Stanley lowered 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. Evercore ISI dropped their price target on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a research report on Wednesday, April 23rd. The Goldman Sachs Group reaffirmed a "neutral" rating and set a $235.00 price objective (down from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Finally, Barclays dropped their target price on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Ten investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $249.06.

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.

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