Broad Run Investment Management LLC Sells 3,400 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Broad Run Investment Management LLC decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 4.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,879 shares of the company's stock after selling 3,400 shares during the period. Hilton Worldwide accounts for 2.7% of Broad Run Investment Management LLC's portfolio, making the stock its 15th largest position. Broad Run Investment Management LLC's holdings in Hilton Worldwide were worth $19,990,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Palumbo Wealth Management LLC lifted its holdings in Hilton Worldwide by 2.0% in the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock valued at $528,000 after buying an additional 41 shares during the period. Concurrent Investment Advisors LLC boosted its position in shares of Hilton Worldwide by 1.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock worth $799,000 after purchasing an additional 43 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Hilton Worldwide by 14.8% during the fourth quarter. Versant Capital Management Inc now owns 372 shares of the company's stock worth $92,000 after purchasing an additional 48 shares during the period. Arkadios Wealth Advisors increased its holdings in Hilton Worldwide by 2.8% in the fourth 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 last quarter. Finally, Angeles Wealth Management LLC boosted its holdings in Hilton Worldwide by 3.7% during the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after buying an additional 51 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HLT has been the topic of a number of analyst reports. Wells Fargo & Company increased their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 4th. Susquehanna increased their price target on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Truist Financial cut their price objective on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating on the stock in a research report on Wednesday. Robert W. Baird lifted their price target on Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a research note on Wednesday. Finally, Evercore ISI decreased their price objective on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a report on Wednesday, April 23rd. Twelve research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Hilton Worldwide has a consensus rating of "Hold" and a consensus target price of $242.56.

Insider Activity

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the business's 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 in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.60% of the company's stock.

Hilton Worldwide Trading Up 3.8 %

Shares of NYSE:HLT traded up $8.59 during trading on Thursday, reaching $234.07. 3,868,882 shares of the stock were exchanged, compared to its average volume of 1,743,519. The firm has a market cap of $56.09 billion, a PE ratio of 38.06, a PEG ratio of 2.86 and a beta of 1.19. The stock has a 50-day moving average price of $228.38 and a 200-day moving average price of $242.48. Hilton Worldwide Holdings Inc. has a 12 month low of $194.93 and a 12 month high of $275.22.

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

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. Hilton Worldwide's dividend payout ratio (DPR) is presently 9.76%.

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.