UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 30,476 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 2.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,321,767 shares of the company's stock after selling 30,476 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.54% of Hilton Worldwide worth $326,688,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Noble Wealth Management PBC purchased a new stake in Hilton Worldwide in the fourth quarter worth $27,000. VSM Wealth Advisory LLC purchased a new stake in Hilton Worldwide in the 4th quarter worth about $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Hilton Worldwide in the 4th quarter valued at about $34,000. Sierra Ocean LLC bought a new stake in Hilton Worldwide in the 4th quarter valued at about $36,000. Finally, Hopwood Financial Services Inc. purchased a new stake in Hilton Worldwide during the fourth quarter valued at about $41,000. Institutional investors own 95.90% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a "neutral" rating and issued a $235.00 price target (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Robert W. Baird lifted their price objective on shares of 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 increased their target price on Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a research report on Tuesday, February 4th. Truist Financial cut their price target on Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a report on Wednesday, April 30th. Finally, Susquehanna boosted their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Eleven equities research 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 company has a consensus rating of "Hold" and a consensus target price of $245.56.

Hilton Worldwide Stock Performance

Hilton Worldwide stock traded up $7.64 during mid-day trading on Tuesday, hitting $252.41. 557,988 shares of the company traded hands, compared to its average volume of 1,751,629. Hilton Worldwide Holdings Inc. has a one year low of $194.93 and a one year high of $275.22. The stock has a market cap of $60.00 billion, a price-to-earnings ratio of 41.03, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. The stock has a fifty day moving average price of $228.71 and a 200-day moving average price of $243.62.

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

Hilton Worldwide Announces Dividend

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