Unique Wealth Strategies LLC Takes Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Unique Wealth Strategies LLC purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,252 shares of the company's stock, valued at approximately $774,000.

Several other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC lifted its position in shares of Hilton Worldwide by 113.5% in the 4th quarter. Headlands Technologies LLC now owns 1,411 shares of the company's stock valued at $257,000 after acquiring an additional 750 shares in the last quarter. Syon Capital LLC purchased a new stake in shares of Hilton Worldwide in the 4th quarter valued at approximately $447,000. Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Hilton Worldwide by 3.7% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 6,756 shares of the company's stock valued at $1,230,000 after acquiring an additional 239 shares in the last quarter. Atria Wealth Solutions Inc. lifted its position in shares of Hilton Worldwide by 2.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 4,044 shares of the company's stock valued at $736,000 after acquiring an additional 97 shares in the last quarter. Finally, Yousif Capital Management LLC lifted its position in shares of Hilton Worldwide by 12.5% in the 4th quarter. Yousif Capital Management LLC now owns 40,350 shares of the company's stock valued at $7,347,000 after acquiring an additional 4,491 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company's stock.

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 shares were sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following 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 legal filing with the SEC, which is available through the SEC website. Insiders own 2.50% of the company's stock.

Wall Street Analysts Forecast Growth

HLT has been the subject of a number of research analyst reports. Wells Fargo & Company increased their target price 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. Evercore ISI increased their target price on shares of Hilton Worldwide from $200.00 to $210.00 and gave the stock an "in-line" rating in a research report on Wednesday, March 20th. TD Cowen increased their target price on shares of Hilton Worldwide from $215.00 to $230.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 20th. 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 report on Friday, March 15th. Finally, Macquarie reiterated a "neutral" rating and issued a $192.00 target price on shares of Hilton Worldwide in a research report on Wednesday. Nine investment 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, the company currently has an average rating of "Moderate Buy" and a consensus target price of $205.06.

Hilton Worldwide Stock Performance

Shares of Hilton Worldwide stock traded down $1.81 during midday trading on Friday, hitting $202.12. 1,572,956 shares of the company traded hands, compared to its average volume of 1,481,052. The firm's fifty day moving average price is $205.79 and its 200-day moving average price is $185.04. Hilton Worldwide Holdings Inc. has a 12 month low of $134.43 and a 12 month high of $215.79. The stock has a market cap of $50.54 billion, a price-to-earnings ratio of 43.94, a PEG ratio of 1.81 and a beta of 1.25.

Hilton Worldwide (NYSE:HLT - Get Free Report) last issued its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.12. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The company's revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.24 EPS. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.07 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, May 17th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date is Thursday, May 16th. Hilton Worldwide's dividend payout ratio (DPR) is currently 13.04%.

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.