Schonfeld Strategic Advisors LLC Increases Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Schonfeld Strategic Advisors LLC lifted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 484.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,499 shares of the company's stock after purchasing an additional 64,250 shares during the period. Schonfeld Strategic Advisors LLC's holdings in Hilton Worldwide were worth $19,155,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of Hilton Worldwide by 112.4% during the 4th quarter. AQR Capital Management LLC now owns 714,620 shares of the company's stock worth $176,626,000 after buying an additional 378,206 shares in the last quarter. Lido Advisors LLC grew its holdings in Hilton Worldwide by 200.1% during the 4th quarter. Lido Advisors LLC now owns 12,073 shares of the company's stock worth $2,984,000 after acquiring an additional 8,050 shares in the last quarter. Northern Trust Corp increased its position in Hilton Worldwide by 15.7% during the 4th quarter. Northern Trust Corp now owns 2,411,699 shares of the company's stock valued at $596,076,000 after purchasing an additional 327,267 shares during the period. Optiver Holding B.V. raised its holdings in shares of Hilton Worldwide by 127.1% in the 4th quarter. Optiver Holding B.V. now owns 218 shares of the company's stock valued at $54,000 after purchasing an additional 122 shares in the last quarter. Finally, Boothbay Fund Management LLC purchased a new stake in shares of Hilton Worldwide in the 4th quarter worth approximately $201,000. Institutional investors own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the completion of the transaction, the insider now directly owns 77,383 shares of the company's stock, valued at $20,802,871.89. The trade was a 34.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is currently owned by insiders.

Hilton Worldwide Stock Performance

HLT stock traded up $7.02 during midday trading on Friday, reaching $241.11. The stock had a trading volume of 2,992,440 shares, compared to its average volume of 1,749,760. The firm has a fifty day simple moving average of $227.55 and a two-hundred day simple moving average of $242.48. The stock has a market cap of $57.77 billion, a PE ratio of 39.20, a P/E/G ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 52-week low of $194.93 and a 52-week high of $275.22.

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

Hilton Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date was Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 0.25%. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.76%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on HLT. Raymond James boosted their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a research note on Monday, February 10th. Mizuho restated a "neutral" rating and set a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Susquehanna raised their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Wells Fargo & Company boosted their target price on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an "equal weight" rating in a report on Tuesday, February 4th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $241.31.

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.