26,462 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Purchased by Whitebark Investors LP

Whitebark Investors LP purchased a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 26,462 shares of the company's stock, valued at approximately $6,540,000. Hilton Worldwide accounts for about 3.0% of Whitebark Investors LP's portfolio, making the stock its 8th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Fiduciary Trust Co raised its position in shares of Hilton Worldwide by 0.5% during the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company's stock valued at $1,810,000 after purchasing an additional 38 shares during the period. Palumbo Wealth Management LLC raised its position in shares of Hilton Worldwide by 2.0% during the 4th quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock valued at $528,000 after purchasing an additional 41 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Hilton Worldwide by 1.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock valued at $799,000 after purchasing an additional 43 shares during the period. Arkadios Wealth Advisors raised its position in shares of Hilton Worldwide by 2.8% during the 4th quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock valued at $444,000 after purchasing an additional 49 shares during the period. Finally, Angeles Wealth Management LLC raised its position in shares of Hilton Worldwide by 3.7% during the 4th quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock valued at $351,000 after purchasing an additional 51 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded down $1.72 during trading hours on Friday, reaching $244.92. The company's stock had a trading volume of 1,057,746 shares, compared to its average volume of 1,756,309. The firm has a 50 day moving average price of $228.47 and a 200-day moving average price of $243.66. 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 $58.22 billion, a P/E ratio of 39.82, a P/E/G 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. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.53 EPS. As a group, sell-side 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 disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Monday, May 26th will be given a $0.15 dividend. This represents a yield of 0.23%. The ex-dividend date is Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.46%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on HLT shares. Macquarie decreased their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating on the stock in a research report on Friday, May 2nd. Wells Fargo & Company increased their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a report on Tuesday, February 4th. Robert W. Baird increased 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. The Goldman Sachs Group reissued a "neutral" rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Finally, Barclays dropped their price objective 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. Eleven equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Hilton Worldwide presently has a consensus rating of "Hold" and an average price target of $245.56.

Hilton Worldwide Company 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.