Robeco Institutional Asset Management B.V. Has $22 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Robeco Institutional Asset Management B.V. lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,688 shares of the company's stock after selling 7,783 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Hilton Worldwide were worth $22,001,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HLT. JPMorgan Chase & Co. lifted its holdings in Hilton Worldwide by 13.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock worth $1,952,314,000 after purchasing an additional 919,424 shares during the last quarter. Capital International Investors raised its position in shares of Hilton Worldwide by 2.0% in the fourth quarter. Capital International Investors now owns 7,225,495 shares of the company's stock valued at $1,786,151,000 after purchasing an additional 142,620 shares during the period. Geode Capital Management LLC lifted its stake in shares of Hilton Worldwide by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 5,910,042 shares of the company's stock worth $1,456,893,000 after buying an additional 67,292 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Hilton Worldwide by 7.8% during the 4th quarter. Franklin Resources Inc. now owns 4,411,500 shares of the company's stock worth $1,090,346,000 after buying an additional 320,550 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in Hilton Worldwide by 26.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock valued at $806,999,000 after buying an additional 685,023 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Stock Up 3.3%

NYSE HLT opened at $265.87 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $275.22. The stock has a market cap of $63.20 billion, a P/E ratio of 41.94, a PEG ratio of 3.00 and a beta of 1.24. The company's 50-day simple moving average is $244.31 and its 200 day simple moving average is $243.54.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. Hilton Worldwide had a negative return on equity of 49.50% and a net margin of 13.90%. The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the previous year, the business earned $1.53 earnings per share. The company's quarterly revenue was up 4.7% on a year-over-year basis. Research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on HLT shares. The Goldman Sachs Group restated a "neutral" rating and set a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Truist Financial cut their price objective on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. Barclays lowered their target price on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a report on Wednesday, April 30th. Dbs Bank upgraded Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. started coverage on Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price objective for the company. Ten research 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's stock. Based on data from MarketBeat.com, Hilton Worldwide currently has an average rating of "Moderate Buy" and an average target price 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.

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