Bank Julius Baer & Co. Ltd Zurich Sells 5,551 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Bank Julius Baer & Co. Ltd Zurich reduced its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 496,526 shares of the company's stock after selling 5,551 shares during the period. Bank Julius Baer & Co. Ltd Zurich owned 0.21% of Hilton Worldwide worth $123,401,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in HLT. ORG Partners LLC lifted its position in shares of Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares in the last quarter. Beacon Capital Management LLC raised its position in Hilton Worldwide by 76.0% in the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after acquiring an additional 76 shares during the period. Valley National Advisers Inc. raised its position in Hilton Worldwide by 244.8% in the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after acquiring an additional 142 shares during the period. Graney & King LLC bought a new stake in Hilton Worldwide in the fourth quarter worth about $52,000. Finally, Optiver Holding B.V. raised its position in Hilton Worldwide by 127.1% in the fourth quarter. Optiver Holding B.V. now owns 218 shares of the company's stock worth $54,000 after acquiring an additional 122 shares during the period. 95.90% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HLT has been the topic of several research reports. Evercore ISI lowered their price objective on shares of 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. Dbs Bank upgraded shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Macquarie lifted their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research note on Wednesday. Morgan Stanley reduced their target price on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and set a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Ten investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Hilton Worldwide presently has an average rating of "Moderate Buy" and an average target price of $258.56.

Hilton Worldwide Price Performance

HLT stock traded up $0.88 during midday trading on Thursday, reaching $267.73. The company had a trading volume of 2,390,377 shares, compared to its average volume of 2,080,622. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year high of $279.46. The company has a market capitalization of $63.64 billion, a P/E ratio of 42.23, a P/E/G ratio of 2.72 and a beta of 1.25. The firm has a 50-day moving average price of $258.76 and a 200-day moving average price of $246.45.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The company had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same quarter in the prior year, the company earned $1.91 EPS. The firm's revenue was up 6.3% on a year-over-year basis. On average, equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.22%. Hilton Worldwide's dividend payout ratio (DPR) is 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.