Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lifted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 0.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 554,073 shares of the company's stock after purchasing an additional 3,803 shares during the period. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Hilton Worldwide worth $126,079,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in Hilton Worldwide by 13.2% during the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock worth $1,952,314,000 after buying an additional 919,424 shares in the last quarter. Capital International Investors increased its stake in Hilton Worldwide by 2.0% during the 4th quarter. Capital International Investors now owns 7,225,495 shares of the company's stock worth $1,786,151,000 after buying an additional 142,620 shares in the last quarter. Geode Capital Management LLC increased its stake in Hilton Worldwide by 1.2% during the 4th 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 in the last quarter. Franklin Resources Inc. increased its stake in 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 in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Hilton Worldwide by 26.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company's stock worth $806,999,000 after buying an additional 685,023 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. assumed coverage on Hilton Worldwide in a research report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. Macquarie dropped their price target on Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research report on Friday, May 2nd. Morgan Stanley dropped their price target on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. The Goldman Sachs Group restated a "neutral" rating and issued a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Finally, Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and upped their price target for the company from $228.00 to $296.00 in a research report on Monday, May 12th. Ten research 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. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $249.06.

Hilton Worldwide Stock Up 1.0%

NYSE:HLT traded up $2.74 during trading hours on Tuesday, reaching $269.08. 2,207,027 shares of the stock were exchanged, compared to its average volume of 1,789,628. The business has a 50-day moving average of $245.54 and a two-hundred day moving average of $243.55. Hilton Worldwide Holdings Inc. has a twelve month low of $196.04 and a twelve month high of $275.22. The company has a market capitalization of $63.96 billion, a price-to-earnings ratio of 42.44, a PEG ratio of 3.01 and a beta of 1.25.

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 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 analysts' expectations of $2.73 billion. During the same period in the prior year, the firm earned $1.53 earnings per share. The firm's revenue was up 4.7% compared to the same quarter last year. On average, research analysts forecast 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 dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, May 26th were paid a dividend of $0.15 per share. This represents a yield of 0.23%. The ex-dividend date of this dividend was Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is 9.46%.

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.