Massachusetts Financial Services Co. MA Raises Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Massachusetts Financial Services Co. MA grew its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 8.1% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,836,430 shares of the company's stock after buying an additional 364,307 shares during the period. Massachusetts Financial Services Co. MA owned approximately 2.02% of Hilton Worldwide worth $1,100,530,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Fiduciary Trust Co lifted its holdings in Hilton Worldwide by 0.5% during the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock valued at $1,810,000 after buying an additional 38 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in Hilton Worldwide by 2.9% during the first quarter. Apollon Wealth Management LLC now owns 1,542 shares of the company's stock valued at $351,000 after buying an additional 44 shares during the period. First Bank & Trust increased its holdings in Hilton Worldwide by 0.5% during the first quarter. First Bank & Trust now owns 10,439 shares of the company's stock valued at $2,375,000 after buying an additional 48 shares during the period. CoreCap Advisors LLC increased its holdings in Hilton Worldwide by 6.1% during the fourth quarter. CoreCap Advisors LLC now owns 890 shares of the company's stock valued at $220,000 after buying an additional 51 shares during the period. Finally, Catalyst Financial Partners LLC increased its holdings in Hilton Worldwide by 5.8% during the first quarter. Catalyst Financial Partners LLC now owns 961 shares of the company's stock valued at $219,000 after buying an additional 53 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Trading Down 0.3%

Hilton Worldwide stock traded down $0.88 during midday trading on Thursday, hitting $272.59. 670,224 shares of the stock were exchanged, compared to its average volume of 1,787,705. Hilton Worldwide Holdings Inc. has a fifty-two week low of $196.04 and a fifty-two week high of $279.46. The stock has a market capitalization of $64.79 billion, a price-to-earnings ratio of 42.99, a PEG ratio of 3.10 and a beta of 1.25. The stock's 50-day simple moving average is $256.58 and its 200 day simple moving average is $245.60.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.11. The company had revenue of $2.70 billion during 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%. Hilton Worldwide's revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.53 earnings per share. Equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed 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 was Friday, May 23rd. Hilton Worldwide's payout ratio is 9.46%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They set an "overweight" rating and a $282.00 price objective for the company. Morgan Stanley reduced their price objective on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Evercore ISI reduced their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research note on Wednesday, April 23rd. Macquarie reduced their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Finally, Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $246.00 to $276.00 and gave the stock an "outperform" rating in a research note on Wednesday. Ten equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $250.94.

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.