Findlay Park Partners LLP Has $96.72 Million Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Findlay Park Partners LLP reduced its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 2.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 531,174 shares of the company's stock after selling 13,948 shares during the quarter. Findlay Park Partners LLP owned approximately 0.21% of Hilton Worldwide worth $96,721,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Principal Securities Inc. purchased a new stake in Hilton Worldwide in the fourth quarter worth about $1,950,000. Montag A & Associates Inc. increased its holdings in Hilton Worldwide by 6.3% in the 4th quarter. Montag A & Associates Inc. now owns 4,262 shares of the company's stock worth $776,000 after buying an additional 254 shares during the period. Gladius Capital Management LP acquired a new position in Hilton Worldwide in the 4th quarter worth approximately $1,152,000. Savoir Faire Capital Management L.P. boosted its position in Hilton Worldwide by 3.4% in the 4th quarter. Savoir Faire Capital Management L.P. now owns 29,413 shares of the company's stock worth $5,356,000 after purchasing an additional 978 shares in the last quarter. Finally, National Pension Service boosted its position in Hilton Worldwide by 2.4% in the 4th quarter. National Pension Service now owns 522,669 shares of the company's stock worth $95,173,000 after purchasing an additional 12,304 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on HLT shares. Evercore ISI increased their target price on Hilton Worldwide from $200.00 to $210.00 and gave the company an "in-line" rating in a research report on Wednesday, March 20th. Macquarie restated a "neutral" rating and issued a $192.00 price objective on shares of Hilton Worldwide in a report on Wednesday, April 24th. HSBC raised their price objective on Hilton Worldwide from $219.00 to $254.00 and gave the company a "buy" rating in a report on Wednesday, April 3rd. TD Cowen raised their price objective on Hilton Worldwide from $215.00 to $230.00 and gave the company an "outperform" rating in a report on Wednesday, March 20th. Finally, Robert W. Baird raised their price objective on Hilton Worldwide from $212.00 to $215.00 and gave the company an "outperform" rating in a report on Thursday, April 25th. 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 price target of $207.59.

Hilton Worldwide Trading Up 2.3 %

Hilton Worldwide stock traded up $4.60 during midday trading on Friday, reaching $208.08. 2,431,271 shares of the stock traded hands, compared to its average volume of 1,638,624. The company has a 50-day simple moving average of $205.47 and a two-hundred day simple moving average of $188.20. Hilton Worldwide Holdings Inc. has a 12-month low of $134.43 and a 12-month high of $215.79. The firm has a market cap of $52.03 billion, a PE ratio of 45.23, a price-to-earnings-growth ratio of 1.78 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 24th. The company reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.12. The business had revenue of $2.57 billion during the quarter, compared to analysts' expectations of $2.51 billion. Hilton Worldwide had a negative return on equity of 81.29% and a net margin of 11.41%. The business's quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.24 EPS. Equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.09 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

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

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.