MQS Management LLC Purchases 2,645 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

MQS Management LLC lifted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 249.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,706 shares of the company's stock after buying an additional 2,645 shares during the quarter. Hilton Worldwide comprises approximately 0.5% of MQS Management LLC's holdings, making the stock its 29th largest position. MQS Management LLC's holdings in Hilton Worldwide were worth $843,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. VSM Wealth Advisory LLC acquired a new position in Hilton Worldwide during the 4th quarter valued at $28,000. ORG Partners LLC raised its stake in Hilton Worldwide by 78.7% during the 1st quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the last quarter. Beacon Capital Management LLC raised its stake in Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the last quarter. Valley National Advisers Inc. raised its stake in Hilton Worldwide by 244.8% during the 1st quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares during the last quarter. Finally, Graney & King LLC acquired a new position in Hilton Worldwide during the 4th quarter valued at $52,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Up 0.0%

NYSE:HLT traded up $0.04 during mid-day trading on Friday, reaching $277.52. 1,327,400 shares of the company were exchanged, compared to its average volume of 1,790,723. Hilton Worldwide Holdings Inc. has a 12 month low of $196.04 and a 12 month high of $277.86. The company has a fifty day moving average of $254.41 and a 200 day moving average of $245.04. The stock has a market cap of $65.97 billion, a PE ratio of 43.77, a PEG ratio of 3.13 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the prior year, the firm earned $1.53 EPS. The company's revenue was up 4.7% on a year-over-year basis. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, May 26th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, May 23rd. This represents a yield of 0.23%. Hilton Worldwide's payout ratio is presently 9.46%.

Analyst Ratings Changes

HLT has been the subject of several research analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a research note on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price for the company. Truist Financial dropped their price objective 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. Jefferies Financial Group upgraded shares of Hilton Worldwide from a "hold" rating to a "buy" rating and increased their price objective for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Morgan Stanley dropped 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. Finally, Macquarie dropped 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. Ten analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $249.06.

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.