Oak Thistle LLC Has $4.30 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Oak Thistle LLC increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 700.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,905 shares of the company's stock after buying an additional 16,544 shares during the period. Hilton Worldwide comprises approximately 0.9% of Oak Thistle LLC's holdings, making the stock its 7th biggest holding. Oak Thistle LLC's holdings in Hilton Worldwide were worth $4,302,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fiduciary Trust Co increased its stake in Hilton Worldwide by 0.5% during the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock worth $1,810,000 after buying an additional 38 shares during the period. Apollon Wealth Management LLC increased its position in shares of Hilton Worldwide by 2.9% in the 1st quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock worth $351,000 after purchasing an additional 44 shares during the last quarter. First Bank & Trust increased its position in shares of Hilton Worldwide by 0.5% in the 1st quarter. First Bank & Trust now owns 10,439 shares of the company's stock worth $2,375,000 after purchasing an additional 48 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Hilton Worldwide by 6.1% in the 4th quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock worth $220,000 after purchasing an additional 51 shares during the last quarter. Finally, Catalyst Financial Partners LLC increased its position in shares of Hilton Worldwide by 5.8% in the 1st quarter. Catalyst Financial Partners LLC now owns 961 shares of the company's stock worth $219,000 after purchasing an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Up 2.2%

Hilton Worldwide stock traded up $5.93 during midday trading on Friday, reaching $273.50. 1,735,577 shares of the stock traded hands, compared to its average volume of 2,179,280. The firm has a fifty day moving average price of $259.41 and a two-hundred day moving average price of $246.86. The firm has a market cap of $64.32 billion, a price-to-earnings ratio of 42.01, a PEG ratio of 2.72 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.46.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results 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. The firm had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. Hilton Worldwide's revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.91 EPS. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently declared 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%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio is currently 9.22%.

Analyst Ratings Changes

Several research firms have recently weighed in on HLT. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their target price for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. Evercore ISI dropped their target price on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research report on Wednesday, April 23rd. Macquarie boosted their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research report on Wednesday. The Goldman Sachs Group reissued a "neutral" rating and issued a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Finally, Bank of America boosted their target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research report on Monday, July 21st. Ten research 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. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $258.56.

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.