Machina Capital S.A.S. Makes New Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Key Points

• Machina Capital S.A.S. has initiated a new position in Hilton Worldwide Holdings Inc. by purchasing 4,289 shares valued at approximately $976,000.
• Hilton Worldwide recently reported an earnings per share (EPS) of $2.20, exceeding analysts' expectations of $2.04, alongside a revenue increase of 6.3% year-over-year.
• The company has declared a quarterly dividend of $0.15 per share, with a dividend yield of 0.22%, scheduled to be paid on September 30th.

Machina Capital S.A.S. bought a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 4,289 shares of the company's stock, valued at approximately $976,000.

A number of other large investors also recently modified their holdings of HLT. ORG Partners LLC boosted its stake in shares of Hilton Worldwide by 78.7% during the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock worth $38,000 after buying an additional 74 shares during the last quarter. Beacon Capital Management LLC boosted its stake in shares of Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after buying an additional 76 shares during the last quarter. Valley National Advisers Inc. boosted its stake in shares of Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock worth $45,000 after buying an additional 142 shares during the last quarter. Graney & King LLC acquired a new position in shares of Hilton Worldwide during the 4th quarter worth about $52,000. Finally, Optiver Holding B.V. boosted its stake in shares of Hilton Worldwide by 127.1% during the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company's stock worth $54,000 after buying an additional 122 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HLT has been the subject of several recent analyst reports. Truist Financial raised their target price on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research note on Thursday. Macquarie raised their target price on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Barclays cut their target price on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research note on Thursday. Bank of America raised their target price on shares of Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Finally, The Goldman Sachs Group reissued a "neutral" rating and issued a $235.00 price target (down 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and a consensus target price of $258.56.

Hilton Worldwide Trading Down 0.4%

Shares of HLT stock traded down $0.98 during trading on Monday, reaching $272.67. 364,068 shares of the company's stock traded hands, compared to its average volume of 2,065,732. The company has a market capitalization of $64.13 billion, a P/E ratio of 41.91, a PEG ratio of 2.71 and a beta of 1.25. The firm's 50-day moving average is $259.41 and its 200 day moving average is $246.89. Hilton Worldwide Holdings Inc. has a 1 year low of $196.04 and a 1 year 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, topping the consensus estimate of $2.04 by $0.16. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The business had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. During the same period in the prior year, the company posted $1.91 EPS. The business's revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, sell-side analysts predict 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 disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.22%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.22%.

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.