Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Bought by Alyeska Investment Group L.P.

Alyeska Investment Group L.P. grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 10.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,027,593 shares of the company's stock after buying an additional 97,366 shares during the period. Hilton Worldwide accounts for approximately 1.0% of Alyeska Investment Group L.P.'s investment portfolio, making the stock its 12th largest position. Alyeska Investment Group L.P. owned 0.42% of Hilton Worldwide worth $253,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in HLT. Principal Financial Group Inc. lifted its holdings in shares of Hilton Worldwide by 15.3% in the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company's stock worth $2,479,354,000 after acquiring an additional 1,429,537 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Hilton Worldwide by 13.2% during the fourth quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company's stock worth $1,952,314,000 after purchasing an additional 919,424 shares in the last quarter. Capital International Investors boosted its position in shares of Hilton Worldwide by 2.0% during the fourth quarter. Capital International Investors now owns 7,225,495 shares of the company's stock worth $1,786,151,000 after buying an additional 142,620 shares during the period. Geode Capital Management LLC raised its holdings in shares of Hilton Worldwide by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 5,910,042 shares of the company's stock valued at $1,456,893,000 after buying an additional 67,292 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Hilton Worldwide by 7.8% in the 4th quarter. Franklin Resources Inc. now owns 4,411,500 shares of the company's stock valued at $1,090,346,000 after buying an additional 320,550 shares during the period. Institutional investors and hedge funds own 95.90% of the company's stock.

Insider Buying and Selling

In related news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the transaction, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.60% of the stock is owned by company insiders.

Hilton Worldwide Trading Up 2.2 %

NYSE:HLT traded up $5.21 during midday trading on Wednesday, hitting $241.80. 2,099,856 shares of the company were exchanged, compared to its average volume of 1,753,598. Hilton Worldwide Holdings Inc. has a fifty-two week low of $194.93 and a fifty-two week high of $275.22. The company has a market capitalization of $57.48 billion, a PE ratio of 39.32, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. The company has a fifty day simple moving average of $226.70 and a 200 day simple moving average of $242.51.

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, beating the consensus estimate of $1.61 by $0.11. The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. The business's quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.53 EPS. As a group, equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were given a $0.15 dividend. The ex-dividend date was Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.25%. Hilton Worldwide's dividend payout ratio (DPR) is 9.46%.

Analyst Upgrades and Downgrades

HLT has been the subject of several research reports. Jefferies Financial Group dropped their target price on Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Robert W. Baird upped their target price on shares of Hilton Worldwide from $242.00 to $246.00 and gave the stock an "outperform" rating in a research note 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 research report on Monday, April 14th. Morgan Stanley reduced their price objective on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Finally, Barclays lowered their target price on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating for the company in a research note on Wednesday, April 30th. Twelve equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $241.31.

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.