Toronto Dominion Bank Acquires 2,146 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Toronto Dominion Bank lifted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,983 shares of the company's stock after buying an additional 2,146 shares during the period. Toronto Dominion Bank owned about 0.06% of Hilton Worldwide worth $33,361,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Noble Wealth Management PBC bought a new stake in shares of Hilton Worldwide during the fourth quarter worth $27,000. VSM Wealth Advisory LLC bought a new position in Hilton Worldwide during the 4th quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $34,000. Sierra Ocean LLC bought a new stake in shares of Hilton Worldwide in the fourth quarter valued at about $36,000. Finally, Hopwood Financial Services Inc. acquired a new position in shares of Hilton Worldwide during the fourth quarter worth about $41,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on HLT shares. Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $242.00 to $246.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 30th. Raymond James raised their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. Mizuho reissued a "neutral" rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Eleven 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. According to MarketBeat.com, Hilton Worldwide presently has a consensus rating of "Hold" and an average price target of $245.56.

Hilton Worldwide Stock Down 1.0%

Shares of NYSE HLT traded down $2.55 during midday trading on Thursday, hitting $248.24. 1,501,397 shares of the company's stock were exchanged, compared to its average volume of 1,759,068. The firm has a market capitalization of $59.01 billion, a PE ratio of 40.36, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. Hilton Worldwide Holdings Inc. has a 12 month low of $194.93 and a 12 month high of $275.22. The company's 50 day moving average price is $229.58 and its 200 day moving average price is $243.74.

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 (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the firm posted $1.53 EPS. The company's quarterly revenue was up 4.7% on a year-over-year basis. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

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.