Natixis Advisors LLC Acquires 39,782 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Key Points

• Natixis Advisors LLC increased its holdings in Hilton Worldwide by 14.2%, acquiring an additional 39,782 shares to own a total of 320,479 shares valued at approximately $72.9 million.
• Hilton Worldwide reported earnings per share (EPS) of $2.20 for the last quarter, surpassing analyst expectations of $2.04 and marking an increase from the previous year's EPS of $1.91.
• The company announced a quarterly dividend of $0.15 per share, which will be paid on September 30, reflecting an annualized yield of 0.22% and a payout ratio of 9.22%.

Natixis Advisors LLC lifted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 14.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 320,479 shares of the company's stock after acquiring an additional 39,782 shares during the period. Natixis Advisors LLC owned about 0.13% of Hilton Worldwide worth $72,925,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. ORG Partners LLC raised its position in shares of 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 acquiring an additional 74 shares in the last quarter. Beacon Capital Management LLC grew 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 worth $40,000 after buying an additional 76 shares during the last quarter. Valley National Advisers Inc. grew 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 worth $45,000 after buying an additional 142 shares during the last quarter. Optiver Holding B.V. grew its stake in Hilton Worldwide by 127.1% during the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company's stock worth $54,000 after buying an additional 122 shares during the last quarter. Finally, Wayfinding Financial LLC bought a new position in Hilton Worldwide during the 1st quarter worth $54,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT traded down $7.29 during midday trading on Friday, reaching $260.79. The company had a trading volume of 1,965,470 shares, compared to its average volume of 1,831,200. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.46. The firm has a market cap of $61.34 billion, a price-to-earnings ratio of 40.06, a price-to-earnings-growth ratio of 2.64 and a beta of 1.26. The company has a fifty day simple moving average of $261.36 and a two-hundred day simple moving average of $247.74.

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. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. The firm had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period last year, the company posted $1.91 EPS. The business's quarterly revenue was up 6.3% compared to the same quarter last year. Analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts recently commented on HLT shares. Truist Financial upped their price objective on Hilton Worldwide from $223.00 to $246.00 and gave the stock a "hold" rating in a research note on Thursday, July 24th. Bank of America upped their price objective on Hilton Worldwide from $275.00 to $285.00 and gave the stock a "buy" rating in a research note on Monday, July 21st. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and increased their price target for the stock from $228.00 to $296.00 in a research note on Monday, May 12th. Finally, Evercore ISI decreased their price target 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. Ten analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and an average price target of $259.19.

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.