Toronto Dominion Bank Buys 2,146 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Toronto Dominion Bank grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,983 shares of the company's stock after acquiring an additional 2,146 shares during the period. Toronto Dominion Bank owned about 0.06% of Hilton Worldwide worth $33,361,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Snowden Capital Advisors LLC raised its holdings in Hilton Worldwide by 4.1% in the 4th quarter. Snowden Capital Advisors LLC now owns 3,191 shares of the company's stock valued at $789,000 after acquiring an additional 126 shares during the period. Sig Brokerage LP bought a new position in Hilton Worldwide in the fourth quarter valued at approximately $48,849,000. Rafferty Asset Management LLC lifted its position in shares of Hilton Worldwide by 10.6% during the 4th quarter. Rafferty Asset Management LLC now owns 23,932 shares of the company's stock worth $5,915,000 after buying an additional 2,302 shares during the last quarter. Raiffeisen Bank International AG bought a new position in shares of Hilton Worldwide in the fourth quarter worth about $638,000. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new stake in Hilton Worldwide in the fourth quarter valued at approximately $1,083,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Analysts Set New Price Targets

HLT has been the subject of several recent research reports. Robert W. Baird upped their price objective on Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a research note on Wednesday, April 30th. Wells Fargo & Company lifted their target price on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Mizuho restated a "neutral" rating and set a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Raymond James lifted their price target on Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and upped their target price for the company from $228.00 to $296.00 in a report on Monday, May 12th. Eleven 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $245.56.

Hilton Worldwide Trading Down 0.2%

Shares of HLT stock traded down $0.40 during trading on Thursday, reaching $246.36. 1,463,555 shares of the company's stock traded hands, compared to its average volume of 1,763,689. Hilton Worldwide Holdings Inc. has a 1 year low of $194.93 and a 1 year high of $275.22. The firm's 50-day moving average is $227.87 and its 200 day moving average is $243.52. The company has a market capitalization of $58.56 billion, a P/E ratio of 40.06, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates 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 business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.73 billion. During the same quarter in the prior year, the firm posted $1.53 EPS. Hilton Worldwide's revenue was up 4.7% on a year-over-year basis. As a group, sell-side analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

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