Mutual of America Capital Management LLC Has $7.92 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mutual of America Capital Management LLC lessened its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 3.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,805 shares of the company's stock after selling 1,413 shares during the quarter. Mutual of America Capital Management LLC's holdings in Hilton Worldwide were worth $7,920,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Capital International Investors increased its stake in Hilton Worldwide by 2.0% during the fourth quarter. Capital International Investors now owns 7,225,495 shares of the company's stock worth $1,786,151,000 after acquiring an additional 142,620 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Hilton Worldwide by 15.7% during the 4th quarter. Northern Trust Corp now owns 2,411,699 shares of the company's stock worth $596,076,000 after purchasing an additional 327,267 shares during the period. GAMMA Investing LLC raised its holdings in Hilton Worldwide by 23,543.6% in the first quarter. GAMMA Investing LLC now owns 1,053,557 shares of the company's stock valued at $2,397,370,000 after buying an additional 1,049,101 shares during the period. Alyeska Investment Group L.P. lifted its position in Hilton Worldwide by 10.5% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,027,593 shares of the company's stock valued at $253,980,000 after buying an additional 97,366 shares in the last quarter. Finally, Marshall Wace LLP increased its position in shares of Hilton Worldwide by 426.9% in the fourth quarter. Marshall Wace LLP now owns 762,261 shares of the company's stock worth $188,400,000 after acquiring an additional 617,604 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on HLT. Morgan Stanley decreased their price target on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Robert W. Baird upped their price objective on shares of Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research report on Thursday, July 24th. Bank of America boosted their price target on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Evercore ISI lowered their price objective on 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. Finally, Truist Financial upped their price target on shares of Hilton Worldwide from $223.00 to $246.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Ten research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $259.19.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock traded up $1.55 during trading on Friday, hitting $262.47. 1,957,942 shares of the stock traded hands, compared to its average volume of 2,048,625. The stock has a market cap of $61.73 billion, a P/E ratio of 40.32, a PEG ratio of 2.57 and a beta of 1.26. The company has a fifty day moving average price of $262.31 and a two-hundred day moving average price of $248.16. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month 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, beating analysts' consensus estimates 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 firm had revenue of $3.14 billion during the quarter, compared to analysts' expectations of $3.09 billion. During the same period in the previous year, the company earned $1.91 earnings per share. The company's revenue was up 6.3% compared to the same quarter last year. On average, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. Hilton Worldwide's payout ratio is currently 9.22%.

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.