Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Penserra Capital Management LLC

Penserra Capital Management LLC raised its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 16.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,377 shares of the company's stock after buying an additional 1,582 shares during the period. Penserra Capital Management LLC's holdings in Hilton Worldwide were worth $2,587,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HLT. Financiere des Professionnels Fonds d investissement inc. raised its holdings in Hilton Worldwide by 31.0% during the first quarter. Financiere des Professionnels Fonds d investissement inc. now owns 26,434 shares of the company's stock worth $6,015,000 after purchasing an additional 6,261 shares in the last quarter. Argentarii LLC raised its stake in Hilton Worldwide by 37.4% during the 1st quarter. Argentarii LLC now owns 7,290 shares of the company's stock worth $1,659,000 after acquiring an additional 1,986 shares in the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Hilton Worldwide during the first quarter worth about $54,000. Catalyst Capital Advisors LLC increased its position in Hilton Worldwide by 45.2% in the 1st quarter. Catalyst Capital Advisors LLC now owns 527 shares of the company's stock valued at $120,000 after acquiring an additional 164 shares during the period. Finally, IFM Investors Pty Ltd increased its holdings in shares of Hilton Worldwide by 15.1% in the first quarter. IFM Investors Pty Ltd now owns 52,710 shares of the company's stock valued at $12,150,000 after purchasing an additional 6,920 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT traded up $0.04 during midday trading on Friday, hitting $277.52. 1,327,400 shares of the company's stock traded hands, compared to its average volume of 1,790,740. The firm's fifty day moving average price is $254.41 and its two-hundred day moving average price is $245.10. The company has a market cap of $65.97 billion, a PE ratio of 43.77, a P/E/G ratio of 3.13 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $277.84.

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 firm had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a negative return on equity of 49.50% and a net margin of 13.90%. Hilton Worldwide's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.53 EPS. As a group, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, May 26th were issued a $0.15 dividend. The ex-dividend date was Friday, May 23rd. This represents a yield of 0.23%. Hilton Worldwide's dividend payout ratio is currently 9.46%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on HLT shares. Robert W. Baird boosted their target price on Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. Macquarie dropped their price target on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a research note on Friday, May 2nd. Morgan Stanley dropped their price target on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. started coverage on Hilton Worldwide in a research report on Monday, June 23rd. They set an "overweight" rating and a $282.00 target price on the stock. Finally, Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and upped their price objective for the stock from $228.00 to $296.00 in a report on Monday, May 12th. Ten research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and a consensus price target of $249.06.

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.