USS Investment Management Ltd Sells 3,284 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

USS Investment Management Ltd lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 6.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,605 shares of the company's stock after selling 3,284 shares during the period. USS Investment Management Ltd's holdings in Hilton Worldwide were worth $12,513,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in HLT. Merit Financial Group LLC bought a new position in Hilton Worldwide in the 4th quarter worth about $754,000. Arkadios Wealth Advisors raised its holdings in Hilton Worldwide by 2.8% in the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock worth $444,000 after buying an additional 49 shares during the last quarter. HB Wealth Management LLC lifted its stake in shares of Hilton Worldwide by 20.1% in the fourth quarter. HB Wealth Management LLC now owns 7,093 shares of the company's stock worth $1,753,000 after buying an additional 1,185 shares in the last quarter. M.E. Allison & CO. Inc. bought a new position in shares of Hilton Worldwide in the fourth quarter worth approximately $224,000. Finally, UMB Bank n.a. grew its holdings in shares of Hilton Worldwide by 18.8% during the fourth quarter. UMB Bank n.a. now owns 1,105 shares of the company's stock valued at $273,000 after buying an additional 175 shares during the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Down 0.7%

NYSE HLT traded down $1.72 during trading hours on Monday, hitting $244.92. 1,057,746 shares of the company's stock traded hands, compared to its average volume of 1,756,309. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The firm has a market capitalization of $58.22 billion, a P/E ratio of 39.82, a P/E/G ratio of 2.86 and a beta of 1.23. The business's fifty day moving average price is $228.47 and its two-hundred day moving average price is $243.64.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.61 by $0.11. The business had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The company's revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.53 EPS. On average, sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, May 26th will be given a $0.15 dividend. This represents a yield of 0.23%. The ex-dividend date of this dividend is Friday, May 23rd. Hilton Worldwide's payout ratio is 9.46%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on HLT shares. Jefferies Financial Group upgraded shares of Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $228.00 to $296.00 in a report on Monday, May 12th. Evercore ISI decreased their price target on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research note on Wednesday, April 23rd. Mizuho reaffirmed a "neutral" rating and set a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Raymond James lifted their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a report on Monday, February 10th. Finally, Susquehanna upped their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research note on Tuesday, February 25th. Eleven analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $245.56.

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.