Asset Management One Co. Ltd. Lowers Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Asset Management One Co. Ltd. decreased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 9.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,443 shares of the company's stock after selling 11,900 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Hilton Worldwide were worth $21,889,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Cetera Advisor Networks LLC lifted its position in Hilton Worldwide by 7.9% in the first quarter. Cetera Advisor Networks LLC now owns 1,473 shares of the company's stock valued at $224,000 after purchasing an additional 108 shares during the last quarter. D.A. Davidson & CO. lifted its position in Hilton Worldwide by 8.0% in the first quarter. D.A. Davidson & CO. now owns 1,499 shares of the company's stock valued at $227,000 after purchasing an additional 111 shares during the last quarter. Raymond James Trust N.A. lifted its position in Hilton Worldwide by 22.9% in the first quarter. Raymond James Trust N.A. now owns 3,422 shares of the company's stock valued at $519,000 after purchasing an additional 637 shares during the last quarter. Synovus Financial Corp lifted its position in Hilton Worldwide by 8.6% in the first quarter. Synovus Financial Corp now owns 6,148 shares of the company's stock valued at $932,000 after purchasing an additional 487 shares during the last quarter. Finally, Canada Pension Plan Investment Board bought a new stake in Hilton Worldwide in the first quarter valued at approximately $91,000. Institutional investors own 95.90% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on HLT shares. Bank of America boosted their target price on Hilton Worldwide from $215.00 to $225.00 and gave the company a "buy" rating in a research note on Friday, March 15th. Wells Fargo & Company boosted their target price on Hilton Worldwide from $196.00 to $200.00 and gave the company an "equal weight" rating in a research note on Wednesday, March 20th. Robert W. Baird boosted their target price on Hilton Worldwide from $210.00 to $212.00 and gave the company an "outperform" rating in a research note on Thursday, March 21st. HSBC upped their price target on Hilton Worldwide from $219.00 to $254.00 and gave the stock a "buy" rating in a research note on Wednesday. Finally, Truist Financial reaffirmed a "hold" rating and issued a $199.00 price target on shares of Hilton Worldwide in a research note on Wednesday, March 20th. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $201.28.

Insider Buying and Selling at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the firm's stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the completion of the transaction, the insider now owns 2,536,478 shares in the company, valued at approximately $496,338,015.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.40% of the stock is currently owned by company insiders.

Hilton Worldwide Trading Up 1.4 %

HLT stock traded up $2.90 during trading on Friday, reaching $211.69. The stock had a trading volume of 1,369,916 shares, compared to its average volume of 1,300,414. Hilton Worldwide Holdings Inc. has a 52 week low of $134.43 and a 52 week high of $215.79. The stock's 50 day moving average is $202.94 and its two-hundred day moving average is $179.23. The firm has a market cap of $53.38 billion, a PE ratio of 48.89, a PEG ratio of 1.84 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Wednesday, February 7th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.11. Hilton Worldwide had a negative return on equity of 94.46% and a net margin of 11.15%. The firm had revenue of $2.61 billion during the quarter, compared to analysts' expectations of $2.61 billion. During the same quarter last year, the business posted $1.59 earnings per share. The firm's revenue was up 6.8% on a year-over-year basis. On average, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.06 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 23rd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.28%. The ex-dividend date was Thursday, February 22nd. Hilton Worldwide's dividend payout ratio is presently 13.86%.

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.