Mn Services Vermogensbeheer B.V. Cuts Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mn Services Vermogensbeheer B.V. reduced its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 93,681 shares of the company's stock after selling 7,100 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in Hilton Worldwide were worth $21,317,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Jones Financial Companies Lllp increased its holdings in shares of Hilton Worldwide by 194.8% during the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock valued at $651,000 after purchasing an additional 1,740 shares in the last quarter. Amundi increased its holdings in Hilton Worldwide by 24.2% in the fourth quarter. Amundi now owns 953,938 shares of the company's stock valued at $232,098,000 after buying an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Hilton Worldwide by 2.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock worth $55,774,000 after acquiring an additional 4,846 shares during the period. SVB Wealth LLC purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth about $1,138,000. Finally, NewEdge Wealth LLC grew its position in shares of Hilton Worldwide by 16.8% during the 4th quarter. NewEdge Wealth LLC now owns 7,120 shares of the company's stock valued at $1,760,000 after acquiring an additional 1,023 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Stock Up 1.4%

NYSE:HLT traded up $3.46 on Monday, reaching $247.34. The company's stock had a trading volume of 1,420,246 shares, compared to its average volume of 1,754,290. Hilton Worldwide Holdings Inc. has a 12-month low of $196.04 and a 12-month high of $275.22. The stock has a 50 day moving average price of $236.08 and a 200 day moving average price of $243.56. The firm has a market cap of $58.79 billion, a price-to-earnings ratio of 40.22, a price-to-earnings-growth ratio of 2.86 and a beta of 1.24.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, topping the consensus estimate of $1.61 by $0.11. The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The company's quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $1.53 earnings per share. Equities research analysts expect 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 will be paid on Friday, June 27th. Investors of record on Monday, May 26th will be issued a $0.15 dividend. This represents a dividend yield of 0.23%. The ex-dividend date is Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.46%.

Analyst Ratings Changes

HLT has been the topic of a number of recent analyst reports. Susquehanna increased their price target on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Barclays cut their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. Evercore ISI decreased their price objective on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a report on Wednesday, April 23rd. Truist Financial cut their target price on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research note on Wednesday, April 30th. 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. Eleven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $245.56.

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.