TD Waterhouse Canada Inc. Boosts Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

TD Waterhouse Canada Inc. increased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 30.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,653 shares of the company's stock after buying an additional 1,541 shares during the period. TD Waterhouse Canada Inc.'s holdings in Hilton Worldwide were worth $1,645,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Palumbo Wealth Management LLC increased its position in Hilton Worldwide by 2.0% in the fourth quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company's stock worth $528,000 after buying an additional 41 shares during the last quarter. Concurrent Investment Advisors LLC increased its holdings in Hilton Worldwide by 1.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company's stock worth $799,000 after acquiring an additional 43 shares during the last quarter. Versant Capital Management Inc raised its stake in Hilton Worldwide by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 372 shares of the company's stock valued at $92,000 after acquiring an additional 48 shares during the period. Arkadios Wealth Advisors lifted its holdings in Hilton Worldwide by 2.8% during the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company's stock valued at $444,000 after purchasing an additional 49 shares during the last quarter. Finally, Angeles Wealth Management LLC increased its stake in shares of Hilton Worldwide by 3.7% in the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company's stock worth $351,000 after purchasing an additional 51 shares in the last quarter. Institutional investors own 95.90% of the company's stock.

Hilton Worldwide Trading Up 1.8 %

Shares of NYSE:HLT traded up $4.08 on Tuesday, reaching $225.68. 1,367,898 shares of the company traded hands, compared to its average volume of 1,723,649. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The business's 50-day simple moving average is $229.90 and its 200 day simple moving average is $242.71. The stock has a market capitalization of $54.08 billion, a P/E ratio of 36.66, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19.

Hilton Worldwide (NYSE:HLT - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.61 by $0.11. The company had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The firm's revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.53 EPS. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were issued a dividend of $0.15 per share. The ex-dividend date was Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.27%. Hilton Worldwide's dividend payout ratio is presently 9.76%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HLT. Mizuho reiterated a "neutral" rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Macquarie upped their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a "neutral" rating in a report on Friday, February 7th. Raymond James boosted their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an "outperform" rating in a research report on Monday, February 10th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Finally, Morgan Stanley reduced their target price on Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, Hilton Worldwide currently has a consensus rating of "Hold" and a consensus target price of $243.75.

Insider Buying and Selling

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the company's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.60% of the stock is currently owned by insiders.

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.