Sumitomo Mitsui Trust Holdings Inc. Has $114.13 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Sumitomo Mitsui Trust Holdings Inc. reduced its position in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 1.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 626,785 shares of the company's stock after selling 7,182 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc. owned about 0.24% of Hilton Worldwide worth $114,131,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. OFI Invest Asset Management acquired a new position in Hilton Worldwide in the 3rd quarter valued at $25,000. Activest Wealth Management acquired a new position in Hilton Worldwide in the 4th quarter valued at $26,000. Exchange Traded Concepts LLC acquired a new position in shares of Hilton Worldwide during the 3rd quarter worth $31,000. Clear Street Markets LLC acquired a new position in shares of Hilton Worldwide during the 4th quarter worth $34,000. Finally, VitalStone Financial LLC grew its stake in shares of Hilton Worldwide by 115.4% during the 1st quarter. VitalStone Financial LLC now owns 224 shares of the company's stock worth $35,000 after purchasing an additional 120 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 21,489 shares of the firm's stock in a transaction that occurred on 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 sale, the insider now owns 2,536,478 shares of the company's stock, valued at $496,338,015.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. HSBC upped their price target on shares of Hilton Worldwide from $219.00 to $254.00 and gave the stock a "buy" rating in a research note on Wednesday, April 3rd. Jefferies Financial Group boosted their price objective on shares of Hilton Worldwide from $157.00 to $182.00 and gave the stock a "hold" rating in a research report on Tuesday, January 2nd. UBS Group boosted their price objective on shares of Hilton Worldwide from $190.00 to $237.00 and gave the stock a "buy" rating in a research report on Wednesday, February 28th. Bank of America boosted their price objective on shares of Hilton Worldwide from $215.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, March 15th. Finally, Wells Fargo & Company boosted their price objective on shares of Hilton Worldwide from $196.00 to $200.00 and gave the stock an "equal weight" rating in a research report on Wednesday, March 20th. Eight equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $201.28.

Hilton Worldwide Stock Performance

HLT traded down $2.02 on Wednesday, reaching $200.48. 1,930,490 shares of the company's stock were exchanged, compared to its average volume of 1,446,765. The company's 50 day moving average is $205.00 and its 200-day moving average is $182.62. The company has a market cap of $50.39 billion, a price-to-earnings ratio of 46.30, a PEG ratio of 1.81 and a beta of 1.25. Hilton Worldwide Holdings Inc. has a twelve month low of $134.43 and a twelve month high of $215.79.

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

Hilton Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, February 23rd were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend was Thursday, February 22nd. Hilton Worldwide's dividend payout ratio (DPR) 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.