Kintegral Advisory LLC Sells 242 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Kintegral Advisory LLC lowered its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,186 shares of the company’s stock after selling 242 shares during the period. Kintegral Advisory LLC’s holdings in Hilton Worldwide were worth $1,282,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of HLT. Palumbo Wealth Management LLC boosted its position in shares of Hilton Worldwide by 2.0% in the 4th quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company’s stock worth $528,000 after purchasing an additional 41 shares in the last quarter. Signature Estate & Investment Advisors LLC raised its stake in Hilton Worldwide by 2.1% during the third quarter. Signature Estate & Investment Advisors LLC now owns 2,029 shares of the company’s stock valued at $468,000 after buying an additional 42 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Hilton Worldwide by 1.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company’s stock worth $799,000 after acquiring an additional 43 shares in the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Hilton Worldwide by 0.5% in the third quarter. Harbor Capital Advisors Inc. now owns 8,443 shares of the company’s stock worth $1,946,000 after acquiring an additional 44 shares during the last quarter. Finally, Graypoint LLC increased its holdings in shares of Hilton Worldwide by 2.6% during the third quarter. Graypoint LLC now owns 1,869 shares of the company’s stock valued at $431,000 after acquiring an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Wells Fargo & Company increased their price objective on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 4th. JPMorgan Chase & Co. increased their price target on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Macquarie boosted their price objective 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. Barclays increased their target price on Hilton Worldwide from $270.00 to $287.00 and gave the company an “overweight” rating in a research note on Friday, February 7th. Finally, The Goldman Sachs Group boosted their price target on Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a research note on Tuesday, December 10th. Twelve investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Hilton Worldwide currently has an average rating of “Hold” and a consensus target price of $246.61.

Hilton Worldwide Price Performance

NYSE:HLT opened at $259.31 on Friday. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The business has a fifty day moving average price of $253.40 and a 200-day moving average price of $239.87. The firm has a market capitalization of $62.39 billion, a price-to-earnings ratio of 42.16, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29.

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

Hilton Worldwide Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.23%. Hilton Worldwide’s payout ratio is currently 9.76%.

Hilton Worldwide announced that its Board of Directors has initiated a share repurchase plan on Thursday, November 14th that authorizes the company to buyback $3.50 billion in shares. This buyback authorization authorizes the company to repurchase up to 5.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Insider Transactions at Hilton Worldwide

In related news, insider Michael W. Duffy sold 23,366 shares of the company’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $251.66, for a total value of $5,880,287.56. Following the completion of the transaction, the insider now owns 22,833 shares of the company’s stock, valued at approximately $5,746,152.78. This represents a 50.58 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Christopher J. Nassetta sold 40,653 shares of the firm’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 sale, the insider now directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

About Hilton Worldwide

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.