Mutual of America Capital Management LLC Trims Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mutual of America Capital Management LLC reduced its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 17.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,719 shares of the company's stock after selling 7,970 shares during the period. Mutual of America Capital Management LLC's holdings in Hilton Worldwide were worth $7,050,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Savoir Faire Capital Management L.P. bought a new position in Hilton Worldwide during the 3rd quarter worth approximately $4,270,000. International Assets Investment Management LLC lifted its stake in Hilton Worldwide by 19,454.9% in the fourth quarter. International Assets Investment Management LLC now owns 296,453 shares of the company's stock valued at $53,981,000 after buying an additional 294,937 shares during the period. Nordea Investment Management AB lifted its stake in Hilton Worldwide by 6.3% in the fourth quarter. Nordea Investment Management AB now owns 1,674,212 shares of the company's stock valued at $305,159,000 after buying an additional 98,790 shares during the period. Prime Capital Investment Advisors LLC increased its stake in shares of Hilton Worldwide by 4.4% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 16,370 shares of the company's stock valued at $2,981,000 after acquiring an additional 694 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Hilton Worldwide in the third quarter valued at $1,276,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Truist Financial reissued a "hold" rating and set a $199.00 price objective on shares of Hilton Worldwide in a research report on Wednesday, March 20th. Evercore ISI raised their price objective on Hilton Worldwide from $200.00 to $210.00 and gave the company an "in-line" rating in a research note on Wednesday, March 20th. Jefferies Financial Group boosted their price objective on Hilton Worldwide from $157.00 to $182.00 and gave the company a "hold" rating in a report on Tuesday, January 2nd. Robert W. Baird increased their target price on Hilton Worldwide from $210.00 to $212.00 and gave the stock an "outperform" rating in a report on Thursday, March 21st. Finally, Mizuho began coverage on shares of Hilton Worldwide in a research note on Tuesday, March 26th. They set a "buy" rating and a $245.00 price target for the company. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, Hilton Worldwide currently has a consensus rating of "Moderate Buy" and an average price target of $201.28.

Insider Activity

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of the firm's stock in a transaction on 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 directly owns 2,536,478 shares of the company's stock, valued at $496,338,015.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.40% of the company's stock.

Hilton Worldwide Price Performance

Shares of NYSE HLT traded down $5.66 during midday trading on Friday, reaching $205.10. The company's stock had a trading volume of 1,638,127 shares, compared to its average volume of 1,304,347. The stock has a market capitalization of $51.55 billion, a P/E ratio of 47.37, a PEG ratio of 1.86 and a beta of 1.25. The firm has a 50 day moving average price of $204.54 and a 200-day moving average price of $181.55. Hilton Worldwide Holdings Inc. has a 12-month low of $134.43 and a 12-month high of $215.79.

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

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 23rd were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date was Thursday, February 22nd. Hilton Worldwide's payout ratio is 13.86%.

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.