Gladius Capital Management LP Purchases New Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Gladius Capital Management LP acquired a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,325 shares of the company's stock, valued at approximately $1,152,000. Hilton Worldwide accounts for approximately 0.2% of Gladius Capital Management LP's investment portfolio, making the stock its 9th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Drive Wealth Management LLC lifted its holdings in Hilton Worldwide by 4.9% in the 4th quarter. Drive Wealth Management LLC now owns 1,399 shares of the company's stock worth $255,000 after buying an additional 65 shares in the last quarter. Raymond James Trust N.A. lifted its stake in shares of Hilton Worldwide by 2.3% in the fourth quarter. Raymond James Trust N.A. now owns 3,165 shares of the company's stock worth $576,000 after acquiring an additional 71 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its holdings in Hilton Worldwide by 0.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 15,676 shares of the company's stock valued at $2,354,000 after purchasing an additional 92 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in Hilton Worldwide by 6.4% during the 4th quarter. DAVENPORT & Co LLC now owns 1,575 shares of the company's stock worth $287,000 after purchasing an additional 95 shares during the last quarter. Finally, Allworth Financial LP raised its position in shares of Hilton Worldwide by 21.5% in the 3rd quarter. Allworth Financial LP now owns 542 shares of the company's stock valued at $81,000 after purchasing an additional 96 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company's stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded up $4.60 during trading on Friday, hitting $208.08. The stock had a trading volume of 2,431,266 shares, compared to its average volume of 1,638,810. The business has a fifty day moving average of $205.40 and a two-hundred day moving average of $187.79. The firm has a market cap of $52.03 billion, a P/E ratio of 45.23, a PEG ratio of 1.75 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a fifty-two week low of $134.43 and a fifty-two week high of $215.79.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.12. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The company had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.51 billion. During the same quarter last year, the firm posted $1.24 EPS. The business's revenue for the quarter was up 12.2% on a year-over-year basis. As a group, research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.08 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 17th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date is Thursday, May 16th. Hilton Worldwide's dividend payout ratio (DPR) is presently 13.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. BMO Capital Markets lifted their price target on shares of Hilton Worldwide from $203.00 to $215.00 and gave the stock a "market perform" rating in a research note on Wednesday, March 20th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hilton Worldwide from $176.00 to $185.00 and gave the stock a "hold" rating in a research report on Thursday, April 25th. Macquarie reiterated a "neutral" rating and issued a $192.00 price target on shares of Hilton Worldwide in a research note on Wednesday, April 24th. Evercore ISI upped 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. Finally, TD Cowen lifted their target price on Hilton Worldwide from $215.00 to $230.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 20th. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $207.59.

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.

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