Voya Investment Management LLC Has $51.30 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Voya Investment Management LLC lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT - Free Report) by 19.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 207,574 shares of the company's stock after selling 49,775 shares during the quarter. Voya Investment Management LLC owned about 0.09% of Hilton Worldwide worth $51,304,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of HLT. Noble Wealth Management PBC bought a new stake in shares of Hilton Worldwide in the fourth quarter worth $27,000. VSM Wealth Advisory LLC acquired a new position in shares of Hilton Worldwide during the fourth quarter valued at $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Hilton Worldwide during the fourth quarter valued at $34,000. Sierra Ocean LLC acquired a new position in shares of Hilton Worldwide during the fourth quarter valued at $36,000. Finally, Hopwood Financial Services Inc. acquired a new stake in Hilton Worldwide in the fourth quarter worth about $41,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Jefferies Financial Group reduced their price objective on shares of Hilton Worldwide from $277.00 to $228.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Truist Financial cut their price target on shares of Hilton Worldwide from $251.00 to $223.00 and set a "hold" rating for the company in a report on Wednesday. Morgan Stanley cut their price target on shares of Hilton Worldwide from $251.00 to $241.00 and set an "overweight" rating for the company in a report on Tuesday, April 22nd. Robert W. Baird upped their price target on shares of Hilton Worldwide from $242.00 to $246.00 and gave the company an "outperform" rating in a report on Wednesday. Finally, Barclays cut their price objective on Hilton Worldwide from $233.00 to $232.00 and set an "overweight" rating on the stock in a report on Wednesday. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of "Hold" and an average target price of $242.56.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the business's stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares of the company's stock, valued at approximately $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.60% of the company's stock.

Hilton Worldwide Price Performance

Shares of HLT traded up $7.06 during mid-day trading on Thursday, hitting $232.54. 1,413,510 shares of the company's stock were exchanged, compared to its average volume of 1,734,175. The company has a market cap of $55.72 billion, a PE ratio of 37.80, a P/E/G ratio of 2.86 and a beta of 1.19. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The company has a 50-day simple moving average of $228.38 and a 200 day simple moving average of $242.48.

Hilton Worldwide (NYSE:HLT - Get Free Report) last released its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share for the quarter, beating the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.73 billion. During the same period last year, the business earned $1.53 earnings per share. The firm's revenue was up 4.7% on a year-over-year basis. On average, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.26%. The ex-dividend date was Friday, February 21st. Hilton Worldwide's dividend payout ratio is 9.76%.

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.