Hilton Worldwide Holdings Inc. (NYSE:HLT) is R Squared Ltd's 3rd Largest Position

Key Points

• R Squared Ltd increased its stake in Hilton Worldwide Holdings Inc. by 105.0% in Q1, now holding 6,950 shares valued at approximately $1.58 million, making it the third largest position in their portfolio.
• Hilton Worldwide reported earnings of $2.20 EPS for the last quarter, exceeding estimates of $2.04, with a revenue of $3.14 billion, marking a 6.3% year-over-year increase.
• The firm announced a quarterly dividend of $0.15 per share, representing an annual yield of 0.2%, with the ex-dividend date on August 29th.

R Squared Ltd grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 105.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,950 shares of the company's stock after buying an additional 3,560 shares during the quarter. Hilton Worldwide accounts for about 1.7% of R Squared Ltd's holdings, making the stock its 3rd biggest position. R Squared Ltd's holdings in Hilton Worldwide were worth $1,581,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC grew its position in Hilton Worldwide by 78.7% during the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after buying an additional 74 shares during the period. Beacon Capital Management LLC grew its position in shares of Hilton Worldwide by 76.0% during the 1st quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after acquiring an additional 76 shares during the period. Valley National Advisers Inc. increased its stake in shares of 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 purchasing an additional 142 shares during the last quarter. Optiver Holding B.V. grew its holdings in Hilton Worldwide by 127.1% during the fourth quarter. Optiver Holding B.V. now owns 218 shares of the company's stock valued at $54,000 after purchasing an additional 122 shares during the period. Finally, Wayfinding Financial LLC purchased a new stake in Hilton Worldwide in the first quarter worth $54,000. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Stock Up 0.6%

HLT traded up $1.51 during trading hours on Monday, reaching $262.35. 1,129,183 shares of the company's stock traded hands, compared to its average volume of 1,929,474. The firm has a 50-day moving average price of $261.36 and a 200 day moving average price of $247.78. Hilton Worldwide Holdings Inc. has a 52-week low of $196.04 and a 52-week high of $279.46. The firm has a market capitalization of $61.70 billion, a PE ratio of 40.30, a PEG ratio of 2.57 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The company reported $2.20 earnings per share for the quarter, beating analysts' consensus estimates of $2.04 by $0.16. The company had revenue of $3.14 billion during the quarter, compared to analyst estimates of $3.09 billion. Hilton Worldwide had a net margin of 13.84% and a negative return on equity of 46.13%. The firm's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the business posted $1.91 EPS. Equities analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently commented on HLT shares. 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 research note on Thursday, July 24th. Robert W. Baird raised their price objective on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday, July 24th. Barclays decreased their price objective on shares of Hilton Worldwide from $296.00 to $291.00 and set an "overweight" rating for the company in a report on Thursday, July 24th. Raymond James Financial boosted their price target on Hilton Worldwide from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Finally, 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. Ten 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 company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.