Aigen Investment Management LP Buys 683 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Aigen Investment Management LP raised its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 5.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,314 shares of the company’s stock after purchasing an additional 683 shares during the period. Hilton Worldwide makes up about 0.6% of Aigen Investment Management LP’s investment portfolio, making the stock its 18th biggest holding. Aigen Investment Management LP’s holdings in Hilton Worldwide were worth $3,299,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Quadrature Capital Ltd bought a new stake in Hilton Worldwide in the 1st quarter valued at approximately $2,792,000. CANADA LIFE ASSURANCE Co grew its holdings in shares of Hilton Worldwide by 3.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 137,675 shares of the company’s stock valued at $29,375,000 after acquiring an additional 4,677 shares in the last quarter. PGGM Investments increased its position in shares of Hilton Worldwide by 337.6% in the second quarter. PGGM Investments now owns 14,378 shares of the company’s stock valued at $3,137,000 after acquiring an additional 11,092 shares during the last quarter. UniSuper Management Pty Ltd raised its holdings in Hilton Worldwide by 234.4% during the first quarter. UniSuper Management Pty Ltd now owns 7,986 shares of the company’s stock worth $1,703,000 after acquiring an additional 5,598 shares in the last quarter. Finally, HBK Sorce Advisory LLC acquired a new position in Hilton Worldwide during the first quarter valued at approximately $512,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Robert W. Baird upped their price objective on Hilton Worldwide from $235.00 to $236.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Melius Research restated a “hold” rating on shares of Hilton Worldwide in a research note on Monday, October 21st. Truist Financial raised their price target on Hilton Worldwide from $208.00 to $220.00 and gave the company a “hold” rating in a report on Thursday, October 24th. Melius downgraded shares of Hilton Worldwide from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Finally, The Goldman Sachs Group initiated coverage on shares of Hilton Worldwide in a research note on Wednesday, September 18th. They set a “buy” rating and a $245.00 target price for the company. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $228.71.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Laura Fuentes sold 4,919 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares in the company, valued at approximately $3,460,933. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Michael W. Duffy sold 14,357 shares of the business’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $235.73, for a total transaction of $3,384,375.61. Following the sale, the insider now directly owns 22,833 shares in the company, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Laura Fuentes sold 4,919 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares of the company’s stock, valued at $3,460,933. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Hilton Worldwide Trading Down 0.3 %

NYSE HLT traded down $0.69 on Tuesday, hitting $249.67. 84,306 shares of the company’s stock were exchanged, compared to its average volume of 1,555,657. Hilton Worldwide Holdings Inc. has a 52 week low of $161.09 and a 52 week high of $252.35. The stock has a 50-day moving average of $230.71 and a 200-day moving average of $217.34. The stock has a market cap of $60.86 billion, a price-to-earnings ratio of 53.73, a P/E/G ratio of 3.11 and a beta of 1.30.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.07. The business had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.90 billion. Hilton Worldwide had a negative return on equity of 60.85% and a net margin of 10.70%. Hilton Worldwide’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the firm posted $1.67 earnings per share. As a group, analysts predict that Hilton Worldwide Holdings Inc. will post 7 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 15th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.24%. The ex-dividend date is Friday, November 15th. Hilton Worldwide’s payout ratio is 12.88%.

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.