Teacher Retirement System of Texas Raises Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Teacher Retirement System of Texas boosted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 223.1% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 46,959 shares of the company's stock after purchasing an additional 32,424 shares during the period. Teacher Retirement System of Texas' holdings in Hilton Worldwide were worth $10,686,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its stake in shares of Hilton Worldwide by 194.8% during the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock worth $651,000 after purchasing an additional 1,740 shares during the period. Amundi grew its holdings in Hilton Worldwide by 24.2% during the fourth quarter. Amundi now owns 953,938 shares of the company's stock valued at $232,098,000 after purchasing an additional 185,765 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Hilton Worldwide by 2.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock worth $55,774,000 after buying an additional 4,846 shares during the last quarter. Sowell Financial Services LLC purchased a new position in shares of Hilton Worldwide during the 1st quarter valued at $314,000. Finally, Artemis Investment Management LLP grew its stake in shares of Hilton Worldwide by 3.9% during the 1st quarter. Artemis Investment Management LLP now owns 163,281 shares of the company's stock worth $37,155,000 after acquiring an additional 6,146 shares during the period. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Stock Down 1.0%

Shares of NYSE:HLT traded down $2.67 on Monday, hitting $270.75. 1,492,361 shares of the company traded hands, compared to its average volume of 1,792,769. Hilton Worldwide Holdings Inc. has a 52 week low of $196.04 and a 52 week high of $275.22. The company has a market cap of $64.36 billion, a PE ratio of 37.40, a PEG ratio of 3.09 and a beta of 1.25. The stock has a 50 day simple moving average of $249.95 and a 200-day simple moving average of $244.21.

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, beating the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.90% and a negative return on equity of 49.50%. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the prior year, the firm earned $1.53 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, June 27th. Investors 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 yield of 0.23%. Hilton Worldwide's payout ratio is 9.46%.

Analyst Ratings Changes

Several research firms have commented on HLT. Robert W. Baird upped their price objective on shares of Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a report on Wednesday, April 30th. JPMorgan Chase & Co. began coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price objective for the company. Macquarie reduced their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research note on Friday, May 2nd. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and raised their price target for the stock from $228.00 to $296.00 in a report on Monday, May 12th. Finally, Dbs Bank raised Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 14th. Ten analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average 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.