Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by National Pension Service

Key Points

• The National Pension Service increased its stake in Hilton Worldwide Holdings Inc. by 5.3% in the first quarter, owning approximately $136.69 million worth of shares.
• Despite a mixed range of analyst ratings, estimates show Hilton Worldwide Holdings Inc. is expected to post 7.89 EPS for the current fiscal year.
• Hilton Worldwide announced a quarterly dividend of $0.15 per share, representing an annual yield of 0.2% with a payout ratio of 9.22%.

National Pension Service boosted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 5.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 600,695 shares of the company's stock after acquiring an additional 30,475 shares during the period. National Pension Service owned about 0.25% of Hilton Worldwide worth $136,688,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HLT. Advisory Services Network LLC grew its holdings in Hilton Worldwide by 5.1% during the 4th quarter. Advisory Services Network LLC now owns 2,553 shares of the company's stock worth $631,000 after acquiring an additional 124 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in Hilton Worldwide by 0.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 53,634 shares of the company's stock worth $13,247,000 after acquiring an additional 399 shares in the last quarter. Townsquare Capital LLC grew its holdings in Hilton Worldwide by 6.3% during the 4th quarter. Townsquare Capital LLC now owns 6,687 shares of the company's stock worth $1,653,000 after acquiring an additional 398 shares in the last quarter. SageView Advisory Group LLC acquired a new position in Hilton Worldwide during the 4th quarter worth approximately $217,000. Finally, Mariner LLC grew its holdings in Hilton Worldwide by 6.3% during the 4th quarter. Mariner LLC now owns 29,523 shares of the company's stock worth $7,297,000 after acquiring an additional 1,742 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on HLT shares. Bank of America boosted their price target on shares of Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Raymond James Financial lifted their price target on shares of Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. 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 price target on the stock. Barclays cut their price target on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating on the stock in a research note on Thursday, July 24th. Finally, Macquarie lifted their price target on shares of Hilton Worldwide from $240.00 to $258.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 23rd. Nine investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $264.40.

Hilton Worldwide Stock Performance

HLT traded down $2.54 during trading on Friday, hitting $267.80. The stock had a trading volume of 1,699,130 shares, compared to its average volume of 1,869,087. The firm has a market capitalization of $62.98 billion, a P/E ratio of 41.14, a PEG ratio of 2.64 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $279.46. The company's 50-day moving average price is $264.39 and its 200 day moving average price is $248.86.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. Hilton Worldwide's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.91 EPS. As a group, equities analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

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

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.