Victory Capital Management Inc. Has $190.65 Million Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Victory Capital Management Inc. lifted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 10.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 837,823 shares of the company's stock after acquiring an additional 77,752 shares during the quarter. Victory Capital Management Inc. owned approximately 0.35% of Hilton Worldwide worth $190,647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of HLT. Larson Financial Group LLC boosted its holdings in Hilton Worldwide by 5.5% during the first quarter. Larson Financial Group LLC now owns 13,070 shares of the company's stock valued at $2,974,000 after acquiring an additional 683 shares during the period. Sage Mountain Advisors LLC lifted its stake in Hilton Worldwide by 4.9% during the first quarter. Sage Mountain Advisors LLC now owns 1,475 shares of the company's stock worth $336,000 after purchasing an additional 69 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of Hilton Worldwide by 18.6% during the first quarter. Wealthfront Advisers LLC now owns 24,087 shares of the company's stock worth $5,481,000 after buying an additional 3,771 shares in the last quarter. First Business Financial Services Inc. increased its holdings in shares of Hilton Worldwide by 8.4% during the first quarter. First Business Financial Services Inc. now owns 7,688 shares of the company's stock worth $1,749,000 after buying an additional 598 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of Hilton Worldwide by 8.1% during the first quarter. Massachusetts Financial Services Co. MA now owns 4,836,430 shares of the company's stock worth $1,100,530,000 after buying an additional 364,307 shares in the last quarter. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Trading Down 0.3%

Shares of Hilton Worldwide stock traded down $0.89 during trading on Wednesday, hitting $273.45. 1,489,966 shares of the stock were exchanged, compared to its average volume of 1,792,086. Hilton Worldwide Holdings Inc. has a 1-year low of $196.04 and a 1-year high of $279.46. The stock has a market capitalization of $65.00 billion, a price-to-earnings ratio of 43.13, a price-to-earnings-growth ratio of 3.15 and a beta of 1.25. The company has a fifty day moving average price of $255.95 and a 200-day moving average price of $245.40.

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 (EPS) for the quarter, beating analysts' consensus estimates 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 the consensus estimate of $2.73 billion. During the same quarter in the previous year, the firm posted $1.53 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, May 26th were issued a dividend of $0.15 per share. This represents a dividend yield of 0.23%. The ex-dividend date was Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.46%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Barclays lowered their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a report on Wednesday, April 30th. 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 report on Monday, April 14th. Evercore ISI lowered their price target on shares of Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a report on Wednesday, April 23rd. JPMorgan Chase & Co. initiated coverage on shares of Hilton Worldwide in a report on Monday, June 23rd. They issued an "overweight" rating and a $282.00 price target for the company. Finally, Morgan Stanley reduced their price objective on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. 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 company has a consensus rating of "Moderate Buy" and a consensus price target of $250.94.

About Hilton Worldwide

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.