Machina Capital S.A.S. Buys New Position 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. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,289 shares of the company's stock, valued at approximately $976,000.

Several other institutional investors and hedge funds have also recently modified their holdings of HLT. ORG Partners LLC grew its stake in shares of 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 acquiring an additional 74 shares in the last quarter. Beacon Capital Management LLC lifted its holdings in shares of Hilton Worldwide by 76.0% in the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock worth $40,000 after acquiring an additional 76 shares during the last quarter. Valley National Advisers Inc. raised its stake in shares of Hilton Worldwide by 244.8% during the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after acquiring an additional 142 shares during the last quarter. Graney & King LLC bought a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $52,000. Finally, Optiver Holding B.V. increased its position in Hilton Worldwide by 127.1% during the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company's stock valued at $54,000 after purchasing an additional 122 shares during the period. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Price Performance

Shares of NYSE HLT traded up $5.93 during mid-day trading on Friday, reaching $273.50. 1,735,577 shares of the company's stock were exchanged, compared to its average volume of 2,179,280. The firm has a market capitalization of $64.32 billion, a price-to-earnings ratio of 42.01, a price-to-earnings-growth ratio of 2.66 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $279.46. The firm has a 50-day moving average price of $259.41 and a two-hundred day moving average price of $246.84.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. The company had revenue of $3.14 billion for the quarter, compared to analysts' expectations of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. The business's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.91 EPS. As a group, sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Friday, August 29th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.22%. The ex-dividend date is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.22%.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on HLT shares. Dbs Bank raised shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Barclays decreased their target price on Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a research report on Thursday. Morgan Stanley cut their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Truist Financial lifted their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a research report on Thursday. Finally, Macquarie lifted their price target on shares of Hilton Worldwide from $240.00 to $258.00 and gave the company a "neutral" rating in a research report on Wednesday. Ten investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Hilton Worldwide has a consensus rating of "Moderate Buy" and a consensus price target of $258.56.

Hilton Worldwide 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.