Lido Advisors LLC Purchases 8,050 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Lido Advisors LLC boosted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 200.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,073 shares of the company's stock after acquiring an additional 8,050 shares during the quarter. Lido Advisors LLC's holdings in Hilton Worldwide were worth $2,984,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Northern Trust Corp lifted its stake in shares of Hilton Worldwide by 15.7% during the fourth quarter. Northern Trust Corp now owns 2,411,699 shares of the company's stock worth $596,076,000 after purchasing an additional 327,267 shares in the last quarter. Optiver Holding B.V. raised its stake 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. Boothbay Fund Management LLC bought a new position in shares of Hilton Worldwide during the fourth quarter worth about $201,000. Susquehanna Fundamental Investments LLC acquired a new position in Hilton Worldwide in the fourth quarter worth about $2,753,000. Finally, Coldstream Capital Management Inc. raised its stake in Hilton Worldwide by 2.5% during the fourth quarter. Coldstream Capital Management Inc. now owns 3,705 shares of the company's stock valued at $916,000 after buying an additional 91 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on HLT shares. Jefferies Financial Group decreased their target price on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Wells Fargo & Company upped their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. Evercore ISI reduced their price objective on Hilton Worldwide from $275.00 to $245.00 and set an "in-line" rating for the company in a research note on Wednesday, April 23rd. Macquarie reduced their price target on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a research report on Friday. Finally, Susquehanna increased their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the stock a "neutral" rating in a report on Tuesday, February 25th. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Hilton Worldwide presently has a consensus rating of "Hold" and a consensus price target of $241.31.

Insider Buying and Selling

In related news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction 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 transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.60% of the stock is owned by insiders.

Hilton Worldwide Trading Down 0.3 %

Shares of NYSE HLT traded down $0.65 during mid-day trading on Tuesday, hitting $238.31. The company had a trading volume of 432,836 shares, compared to its average volume of 1,743,634. The company has a market capitalization of $56.65 billion, a PE ratio of 38.76, a price-to-earnings-growth ratio of 2.86 and a beta of 1.23. Hilton Worldwide Holdings Inc. has a one year low of $194.93 and a one year high of $275.22. The firm has a 50-day simple moving average of $227.14 and a two-hundred day simple moving average of $242.55.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued 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 negative return on equity of 54.47% and a net margin of 13.74%. The company had revenue of $2.70 billion for the quarter, compared to analysts' expectations of $2.73 billion. During the same quarter last year, the business earned $1.53 earnings per share. Hilton Worldwide's revenue was up 4.7% on a year-over-year basis. 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 firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.25%. Hilton Worldwide's dividend payout ratio is presently 9.46%.

Hilton Worldwide 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.