ProShare Advisors LLC Raises Stock Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

ProShare Advisors LLC boosted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 16.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,225 shares of the company's stock after buying an additional 5,127 shares during the quarter. ProShare Advisors LLC's holdings in Hilton Worldwide were worth $8,953,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Quantinno Capital Management LP increased its stake in Hilton Worldwide by 6.6% in the 4th quarter. Quantinno Capital Management LP now owns 37,239 shares of the company's stock worth $9,204,000 after buying an additional 2,316 shares during the period. Morgens Waterfall Vintiadis & Co. Inc. boosted its position in shares of Hilton Worldwide by 16.2% during the 4th quarter. Morgens Waterfall Vintiadis & Co. Inc. now owns 21,500 shares of the company's stock valued at $5,314,000 after acquiring an additional 3,000 shares during the last quarter. Pathstone Holdings LLC boosted its holdings in Hilton Worldwide by 2.7% during the 4th quarter. Pathstone Holdings LLC now owns 31,204 shares of the company's stock valued at $7,711,000 after acquiring an additional 830 shares during the period. Mufg Securities Americas Inc. purchased a new stake in Hilton Worldwide during the fourth quarter worth approximately $890,000. Finally, Man Group plc lifted its holdings in shares of Hilton Worldwide by 292.4% during the fourth quarter. Man Group plc now owns 50,034 shares of the company's stock worth $12,366,000 after purchasing an additional 37,283 shares during the period. Hedge funds and other institutional investors own 95.90% of the company's stock.

Analysts Set New Price Targets

HLT has been the topic of several recent research reports. The Goldman Sachs Group restated a "neutral" rating and set a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Jefferies Financial Group raised shares of Hilton Worldwide from a "hold" rating to a "buy" rating and lifted their price objective for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Morgan Stanley lowered their target price 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. Macquarie dropped their target price on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Finally, Evercore ISI lowered their target price on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating on the stock in a research report on Wednesday, April 23rd. Eleven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $245.56.

Hilton Worldwide Trading Down 2.5%

Shares of HLT traded down $6.45 during mid-day trading on Wednesday, reaching $246.96. The company's stock had a trading volume of 2,064,974 shares, compared to its average volume of 1,764,629. The business has a 50-day simple moving average of $227.52 and a two-hundred day simple moving average of $243.50. Hilton Worldwide Holdings Inc. has a 1-year low of $194.93 and a 1-year high of $275.22. The stock has a market cap of $58.70 billion, a P/E ratio of 40.16, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the prior year, the company posted $1.53 earnings per share. The firm's revenue for the quarter was up 4.7% on a year-over-year basis. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

About Hilton Worldwide

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.