Kintegral Advisory LLC Sells 1,707 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Kintegral Advisory LLC lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 32.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,479 shares of the company's stock after selling 1,707 shares during the period. Kintegral Advisory LLC's holdings in Hilton Worldwide were worth $792,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. VSM Wealth Advisory LLC acquired a new stake in shares of Hilton Worldwide during the fourth quarter valued at about $28,000. ORG Partners LLC boosted its holdings in Hilton Worldwide by 78.7% in 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 during the last quarter. Beacon Capital Management LLC grew its stake in Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares in the last quarter. Hopwood Financial Services Inc. bought a new stake in shares of Hilton Worldwide in the fourth quarter worth $41,000. Finally, OFI Invest Asset Management acquired a new position in Hilton Worldwide during the 4th quarter worth $44,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on HLT shares. Morgan Stanley lowered their price objective on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. JPMorgan Chase & Co. assumed coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Macquarie reduced their price objective on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Finally, Truist Financial dropped 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. Ten research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $249.06.

Hilton Worldwide Stock Up 1.1%

Shares of HLT stock traded up $3.10 during mid-day trading on Friday, reaching $273.21. The stock had a trading volume of 928,231 shares, compared to its average volume of 1,791,576. The firm has a market cap of $64.94 billion, a PE ratio of 43.09, a P/E/G ratio of 3.09 and a beta of 1.25. The firm's 50 day simple moving average is $249.95 and its 200 day simple moving average is $244.21. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $275.22.

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, topping 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 period in the prior year, the firm posted $1.53 EPS. Hilton Worldwide's quarterly revenue was up 4.7% compared to the same quarter last year. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, June 27th. Investors of record on Monday, May 26th were issued a $0.15 dividend. This represents a dividend yield of 0.23%. The ex-dividend date was Friday, May 23rd. Hilton Worldwide's dividend 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.