Quadrant Capital Group LLC Purchases 72 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Quadrant Capital Group LLC increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,650 shares of the company’s stock after buying an additional 72 shares during the period. Quadrant Capital Group LLC’s holdings in Hilton Worldwide were worth $655,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Hilton Worldwide in the fourth quarter valued at approximately $694,787,000. Principal Financial Group Inc. raised its stake in Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock valued at $2,479,354,000 after purchasing an additional 1,429,537 shares during the last quarter. JPMorgan Chase & Co. grew its position in Hilton Worldwide by 13.2% in the 4th quarter. JPMorgan Chase & Co. now owns 7,898,986 shares of the company’s stock worth $1,952,314,000 after purchasing an additional 919,424 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Hilton Worldwide by 26.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,265,087 shares of the company’s stock worth $806,999,000 after purchasing an additional 685,023 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich raised its position in shares of Hilton Worldwide by 2,746.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 502,077 shares of the company’s stock valued at $133,487,000 after buying an additional 484,436 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Mizuho restated a “neutral” rating and set a $263.00 price target (up from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. The Goldman Sachs Group upped their target price on Hilton Worldwide from $247.00 to $277.00 and gave the company a “buy” rating in a research note on Tuesday, December 10th. Wells Fargo & Company lifted their price target on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 4th. Raymond James increased their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Finally, Jefferies Financial Group raised their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $254.56.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the completion of the sale, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. This trade represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 2.50% of the company’s stock.

Hilton Worldwide Price Performance

Shares of HLT opened at $208.72 on Monday. The company has a market cap of $50.01 billion, a PE ratio of 33.94, a price-to-earnings-growth ratio of 2.86 and a beta of 1.19. The firm has a 50-day moving average of $248.39 and a 200-day moving average of $245.29. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. Analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

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 0.29%. The ex-dividend date of this dividend was Friday, February 21st. Hilton Worldwide’s dividend payout ratio is 9.76%.

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.