Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 7.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,052 shares of the company's stock after acquiring an additional 8,238 shares during the quarter. DekaBank Deutsche Girozentrale's holdings in Hilton Worldwide were worth $20,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Norges Bank bought a new position in Hilton Worldwide during the 4th quarter valued at approximately $337,490,000. T. Rowe Price Investment Management Inc. lifted its stake in Hilton Worldwide by 36.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 9,237,885 shares of the company's stock worth $1,167,300,000 after acquiring an additional 2,480,451 shares during the period. Deutsche Bank AG boosted its holdings in Hilton Worldwide by 181.1% in the third quarter. Deutsche Bank AG now owns 2,607,803 shares of the company's stock valued at $391,640,000 after acquiring an additional 1,680,156 shares in the last quarter. Royal Bank of Canada increased its position in Hilton Worldwide by 54.7% during the 1st quarter. Royal Bank of Canada now owns 1,840,444 shares of the company's stock valued at $279,270,000 after purchasing an additional 650,540 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Hilton Worldwide by 16.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,200,822 shares of the company's stock worth $637,433,000 after purchasing an additional 583,516 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Hilton Worldwide Price Performance

NYSE HLT traded down $0.11 during mid-day trading on Monday, reaching $211.58. The stock had a trading volume of 1,079,174 shares, compared to its average volume of 1,461,005. The company has a fifty day moving average price of $202.94 and a 200 day moving average price of $179.61. Hilton Worldwide Holdings Inc. has a 1 year low of $134.43 and a 1 year high of $215.79. The stock has a market cap of $53.35 billion, a PE ratio of 48.89, a price-to-earnings-growth ratio of 1.87 and a beta of 1.25.

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

Hilton Worldwide Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Truist Financial restated a "hold" rating and issued a $199.00 price objective on shares of Hilton Worldwide in a report on Wednesday, March 20th. UBS Group raised their target price on Hilton Worldwide from $190.00 to $237.00 and gave the company a "buy" rating in a research note on Wednesday, February 28th. Barclays upped their price target on Hilton Worldwide from $200.00 to $204.00 and gave the stock an "overweight" rating in a research note on Thursday, February 8th. Bank of America raised their price objective on Hilton Worldwide from $215.00 to $225.00 and gave the company a "buy" rating in a research report on Friday, March 15th. Finally, Mizuho initiated coverage on shares of Hilton Worldwide in a research report on Tuesday, March 26th. They issued a "buy" rating and a $245.00 target price on the stock. Eight research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price 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 company's stock in a transaction dated Thursday, February 8th. The stock was sold at an average price of $195.68, for a total value of $4,204,967.52. Following the completion of the sale, the insider now owns 2,536,478 shares in the company, valued at $496,338,015.04. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 2.40% of the company's stock.

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.