Hilton Worldwide Holdings Inc. (NYSE:HLT) Holdings Boosted by Vontobel Holding Ltd.

Vontobel Holding Ltd. raised its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 15.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,135 shares of the company's stock after buying an additional 11,748 shares during the period. Vontobel Holding Ltd.'s holdings in Hilton Worldwide were worth $15,684,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. OFI Invest Asset Management purchased a new stake in Hilton Worldwide in the third quarter valued at $25,000. Activest Wealth Management acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $26,000. Exchange Traded Concepts LLC purchased a new position in Hilton Worldwide during the 3rd quarter worth approximately $31,000. Bartlett & Co. LLC purchased a new stake in Hilton Worldwide in the third quarter valued at approximately $33,000. Finally, Clear Street Markets LLC acquired a new stake in shares of Hilton Worldwide in the fourth quarter valued at approximately $34,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 21,489 shares of Hilton Worldwide stock in a transaction dated Thursday, February 8th. The shares were 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 $496,338,015.04. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on HLT. Evercore ISI lifted their target price on shares of Hilton Worldwide from $200.00 to $210.00 and gave the company an "in-line" rating in a report on Wednesday, March 20th. Robert W. Baird lifted their price objective on shares of Hilton Worldwide from $210.00 to $212.00 and gave the company an "outperform" rating in a research note on Thursday, March 21st. Bank of America increased their target price on shares of Hilton Worldwide from $215.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, March 15th. Truist Financial reaffirmed a "hold" rating and set a $199.00 price objective on shares of Hilton Worldwide in a research note on Wednesday, March 20th. Finally, TD Cowen lifted their target price on Hilton Worldwide from $215.00 to $230.00 and gave the company an "outperform" rating in a research note on Wednesday, March 20th. Eight equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of "Moderate Buy" and an average price target of $201.28.

Hilton Worldwide Stock Down 1.0 %

Shares of NYSE HLT traded down $1.96 during midday trading on Tuesday, hitting $202.47. The company had a trading volume of 1,023,005 shares, compared to its average volume of 1,439,815. The business has a 50-day simple moving average of $204.76 and a two-hundred day simple moving average of $182.13. Hilton Worldwide Holdings Inc. has a twelve month low of $134.43 and a twelve month high of $215.79. The firm has a market capitalization of $50.89 billion, a price-to-earnings ratio of 47.21, a price-to-earnings-growth ratio of 1.81 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $1.68 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 business had revenue of $2.61 billion for the quarter, compared to analyst estimates of $2.61 billion. During the same quarter in the previous year, the company earned $1.59 EPS. The company's quarterly revenue was up 6.8% on a year-over-year basis. On average, equities analysts forecast 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. Stockholders of record on Friday, February 23rd were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.30%. The ex-dividend date of this dividend was Thursday, February 22nd. Hilton Worldwide's dividend payout ratio (DPR) 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.