Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 6.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,257 shares of the company’s stock after buying an additional 75 shares during the period. Farther Finance Advisors LLC’s holdings in Hilton Worldwide were worth $311,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Noble Wealth Management PBC acquired a new position in Hilton Worldwide during the 4th quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. acquired a new stake in Hilton Worldwide during the 4th quarter worth approximately $34,000. Sierra Ocean LLC purchased a new position in Hilton Worldwide in the 4th quarter valued at approximately $36,000. True Wealth Design LLC grew its stake in Hilton Worldwide by 2,400.0% during the 3rd quarter. True Wealth Design LLC now owns 175 shares of the company’s stock worth $40,000 after purchasing an additional 168 shares in the last quarter. Finally, OFI Invest Asset Management purchased a new stake in Hilton Worldwide during the 4th quarter worth about $44,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Insider Activity at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of Hilton Worldwide stock in a transaction dated 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 sale, the insider now directly owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Up 2.2 %

HLT opened at $234.33 on Tuesday. Hilton Worldwide Holdings Inc. has a 52-week low of $193.86 and a 52-week high of $275.22. The firm has a market capitalization of $56.38 billion, a P/E ratio of 38.10, a P/E/G ratio of 2.86 and a beta of 1.29. The firm’s 50 day moving average is $253.19 and its 200-day moving average is $244.13.

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

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.26%. Hilton Worldwide’s dividend payout ratio (DPR) is 9.76%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Mizuho reiterated a “neutral” rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Susquehanna boosted their price target on shares of Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Morgan Stanley upped their target price on Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a research report on Tuesday, March 4th. Jefferies Financial Group boosted their price objective on Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a research note on Thursday, January 2nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Hilton Worldwide from $219.00 to $226.00 and gave the stock a “neutral” rating in a research note on Friday, December 13th. Twelve 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.com, Hilton Worldwide presently has an average rating of “Hold” and a consensus price target of $250.61.

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.