Y Intercept Hong Kong Ltd Cuts Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Y Intercept Hong Kong Ltd reduced its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 72.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,089 shares of the company's stock after selling 8,282 shares during the quarter. Y Intercept Hong Kong Ltd's holdings in Hilton Worldwide were worth $703,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. ORG Partners LLC raised its position in Hilton Worldwide by 78.7% in the first quarter. ORG Partners LLC now owns 168 shares of the company's stock valued at $38,000 after purchasing an additional 74 shares during the period. Beacon Capital Management LLC raised its position in Hilton Worldwide by 76.0% in the first quarter. Beacon Capital Management LLC now owns 176 shares of the company's stock valued at $40,000 after purchasing an additional 76 shares during the period. Valley National Advisers Inc. raised its position in Hilton Worldwide by 244.8% in the first quarter. Valley National Advisers Inc. now owns 200 shares of the company's stock valued at $45,000 after purchasing an additional 142 shares during the period. Optiver Holding B.V. raised its position in Hilton Worldwide by 127.1% in the fourth quarter. Optiver Holding B.V. now owns 218 shares of the company's stock valued at $54,000 after purchasing an additional 122 shares during the period. Finally, Wayfinding Financial LLC purchased a new position in Hilton Worldwide in the first quarter valued at about $54,000. 95.90% of the stock is owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $273.50 on Friday. The company has a market capitalization of $64.32 billion, a price-to-earnings ratio of 42.01, a price-to-earnings-growth ratio of 2.72 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a one year low of $196.04 and a one year high of $279.46. The stock has a 50-day simple moving average of $259.41 and a 200 day simple moving average of $246.86.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $2.20 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.16. The business had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.09 billion. Hilton Worldwide had a negative return on equity of 46.13% and a net margin of 13.84%. The company's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the firm earned $1.91 earnings per share. On average, equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.22%. The ex-dividend date of this dividend is Friday, August 29th. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.22%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Bank of America raised their price objective on Hilton Worldwide from $275.00 to $285.00 and gave the company a "buy" rating in a research report on Monday, July 21st. The Goldman Sachs Group restated a "neutral" rating and set a $235.00 target price (down from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Jefferies Financial Group upgraded Hilton Worldwide from a "hold" rating to a "buy" rating and raised their target price for the company from $228.00 to $296.00 in a research note on Monday, May 12th. Morgan Stanley lowered their target price on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, Robert W. Baird raised their target price on Hilton Worldwide from $276.00 to $278.00 and gave the company an "outperform" rating in a research note on Thursday. Ten equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $258.56.

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.

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