Nuveen Asset Management LLC Has $332.38 Million Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Nuveen Asset Management LLC trimmed its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 3.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,344,790 shares of the company's stock after selling 45,679 shares during the period. Nuveen Asset Management LLC owned 0.55% of Hilton Worldwide worth $332,378,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Jones Financial Companies Lllp grew its holdings in Hilton Worldwide by 194.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company's stock worth $651,000 after buying an additional 1,740 shares in the last quarter. Amundi boosted its position in Hilton Worldwide by 24.2% during the 4th quarter. Amundi now owns 953,938 shares of the company's stock worth $232,098,000 after acquiring an additional 185,765 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Hilton Worldwide by 2.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company's stock worth $55,774,000 after acquiring an additional 4,846 shares during the period. SVB Wealth LLC bought a new position in shares of Hilton Worldwide in the fourth quarter worth $1,138,000. Finally, NewEdge Wealth LLC increased its holdings in shares of Hilton Worldwide by 16.8% during the fourth quarter. NewEdge Wealth LLC now owns 7,120 shares of the company's stock valued at $1,760,000 after purchasing an additional 1,023 shares during the period. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Stock Performance

Shares of NYSE HLT traded down $2.22 during trading on Tuesday, hitting $254.24. The company had a trading volume of 306,523 shares, compared to its average volume of 2,114,428. The company has a market cap of $60.43 billion, a P/E ratio of 41.33, a PEG ratio of 2.86 and a beta of 1.23. The business's 50-day moving average is $226.91 and its 200 day moving average is $243.43. 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 earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating 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 business had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. Hilton Worldwide's revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.53 earnings per share. On average, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, May 26th will be given a $0.15 dividend. This represents a dividend yield of 0.23%. The ex-dividend date is Friday, May 23rd. Hilton Worldwide's dividend payout ratio (DPR) is currently 9.46%.

Wall Street Analysts Forecast Growth

HLT has been the subject of several research analyst reports. Raymond James upped their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an "outperform" rating in a report on Monday, February 10th. Dbs Bank upgraded shares of Hilton Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Macquarie decreased their price objective on shares of Hilton Worldwide from $245.00 to $240.00 and set a "neutral" rating for the company in a report on Friday, May 2nd. Jefferies Financial Group raised Hilton Worldwide from a "hold" rating to a "buy" rating and boosted their target price for the stock from $228.00 to $296.00 in a report on Monday, May 12th. Finally, Wells Fargo & Company increased their price target on Hilton Worldwide from $232.00 to $240.00 and gave the company an "equal weight" rating in a research note on Tuesday, February 4th. Eleven equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $245.56.

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.