IFM Investors Pty Ltd Purchases 6,920 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

IFM Investors Pty Ltd grew its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 15.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,710 shares of the company's stock after buying an additional 6,920 shares during the quarter. IFM Investors Pty Ltd's holdings in Hilton Worldwide were worth $12,150,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. GF Fund Management CO. LTD. raised its stake in shares of Hilton Worldwide by 51.2% in the 1st quarter. GF Fund Management CO. LTD. now owns 2,541 shares of the company's stock valued at $578,000 after buying an additional 860 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in shares of Hilton Worldwide by 9.1% in the 1st quarter. OneDigital Investment Advisors LLC now owns 3,339 shares of the company's stock valued at $760,000 after buying an additional 278 shares in the last quarter. Conning Inc. raised its stake in shares of Hilton Worldwide by 36.1% in the 1st quarter. Conning Inc. now owns 1,387 shares of the company's stock valued at $316,000 after buying an additional 368 shares in the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Hilton Worldwide by 11.5% in the 1st quarter. Resonant Capital Advisors LLC now owns 908 shares of the company's stock valued at $207,000 after buying an additional 94 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its stake in shares of Hilton Worldwide by 223.1% in the 1st quarter. Teacher Retirement System of Texas now owns 46,959 shares of the company's stock valued at $10,686,000 after buying an additional 32,424 shares in the last quarter. 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. Jefferies Financial Group upgraded shares of Hilton Worldwide from a "hold" rating to a "buy" rating and increased their target price for the stock from $228.00 to $296.00 in a research report on Monday, May 12th. JPMorgan Chase & Co. started coverage on shares of Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price for the company. The Goldman Sachs Group reiterated a "neutral" rating and set a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Macquarie dropped their target price on shares of 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, Dbs Bank upgraded shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Ten equities 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 data from MarketBeat, Hilton Worldwide currently has an average rating of "Moderate Buy" and a consensus target price of $249.06.

Hilton Worldwide Price Performance

Shares of NYSE HLT traded up $2.13 during mid-day trading on Tuesday, hitting $272.98. The company's stock had a trading volume of 1,676,514 shares, compared to its average volume of 1,794,788. The stock has a market cap of $64.89 billion, a price-to-earnings ratio of 43.06, a price-to-earnings-growth ratio of 3.06 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $275.22. The company's fifty day simple moving average is $251.87 and its 200-day simple moving average is $244.56.

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, beating the consensus estimate of $1.61 by $0.11. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.53 EPS. On average, sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, May 26th were paid a $0.15 dividend. This represents a dividend yield of 0.23%. The ex-dividend date of this dividend was Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is presently 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.