Hilton Worldwide Holdings Inc. (NYSE:HLT) Stake Trimmed by Stockbridge Partners LLC

Stockbridge Partners LLC lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,492,889 shares of the company's stock after selling 51,510 shares during the quarter. Hilton Worldwide comprises 7.8% of Stockbridge Partners LLC's portfolio, making the stock its 6th biggest holding. Stockbridge Partners LLC owned 0.61% of Hilton Worldwide worth $368,982,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of Hilton Worldwide by 194.8% in the fourth quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock worth $651,000 after buying an additional 1,740 shares during the period. Amundi grew its position in shares of Hilton Worldwide by 24.2% during the fourth quarter. Amundi now owns 953,938 shares of the company's stock worth $232,098,000 after purchasing an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Hilton Worldwide by 2.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock worth $55,774,000 after purchasing an additional 4,846 shares in the last quarter. SVB Wealth LLC purchased a new stake in shares of Hilton Worldwide during the fourth quarter worth about $1,138,000. Finally, NewEdge Wealth LLC boosted its stake in Hilton Worldwide by 16.8% during the fourth quarter. NewEdge Wealth LLC now owns 7,120 shares of the company's stock valued at $1,760,000 after buying an additional 1,023 shares during the last quarter. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Price Performance

NYSE:HLT traded down $6.45 during mid-day trading on Wednesday, hitting $246.96. The company's stock had a trading volume of 2,064,974 shares, compared to its average volume of 1,764,889. The stock has a market cap of $58.70 billion, a price-to-earnings ratio of 40.16, a PEG ratio of 2.86 and a beta of 1.23. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22. The business's fifty day moving average is $227.52 and its two-hundred day moving average is $243.50.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter in the previous year, the company earned $1.53 earnings per share. The company's quarterly revenue was up 4.7% on a year-over-year basis. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently declared 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 dividend yield of 0.23%. The ex-dividend date is Friday, May 23rd. Hilton Worldwide's payout ratio is 9.46%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on HLT. Truist Financial reduced their price target on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating on the stock in a research report on Wednesday, April 30th. The Goldman Sachs Group restated a "neutral" rating and issued a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Barclays reduced their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 30th. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and raised their price objective for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Finally, Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Eleven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $245.56.

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.