Wealthcare Advisory Partners LLC Invests $257,000 in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Wealthcare Advisory Partners LLC acquired a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,203 shares of the company’s stock, valued at approximately $257,000.

Other large investors also recently made changes to their positions in the company. Gateway Investment Advisers LLC increased its stake in Hilton Worldwide by 0.3% during the 1st quarter. Gateway Investment Advisers LLC now owns 175,683 shares of the company’s stock valued at $37,475,000 after purchasing an additional 522 shares in the last quarter. Capital Advisors Wealth Management LLC bought a new stake in shares of Hilton Worldwide during the first quarter worth about $213,000. CHICAGO TRUST Co NA raised its holdings in shares of Hilton Worldwide by 5.3% in the 1st quarter. CHICAGO TRUST Co NA now owns 1,608 shares of the company’s stock worth $343,000 after acquiring an additional 81 shares during the last quarter. FCF Advisors LLC boosted its stake in Hilton Worldwide by 9.9% during the 1st quarter. FCF Advisors LLC now owns 17,827 shares of the company’s stock valued at $3,803,000 after purchasing an additional 1,612 shares during the last quarter. Finally, Ballentine Partners LLC boosted its stake in Hilton Worldwide by 10.0% during the 1st quarter. Ballentine Partners LLC now owns 4,461 shares of the company’s stock valued at $952,000 after purchasing an additional 404 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on HLT. Macquarie reiterated a “neutral” rating and set a $192.00 price target on shares of Hilton Worldwide in a research note on Wednesday, April 24th. HSBC lifted their price target on Hilton Worldwide from $219.00 to $254.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Barclays lifted their price target on Hilton Worldwide from $216.00 to $219.00 and gave the company an “overweight” rating in a research note on Thursday, April 25th. Truist Financial lifted their target price on shares of Hilton Worldwide from $199.00 to $209.00 and gave the stock a “hold” rating in a research report on Thursday, April 25th. Finally, Robert W. Baird lifted their target price on shares of Hilton Worldwide from $212.00 to $215.00 and gave the stock an “outperform” rating in a research report on Thursday, April 25th. Ten investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Hilton Worldwide has an average rating of “Hold” and a consensus price target of $208.00.

Hilton Worldwide Trading Down 1.8 %

NYSE:HLT opened at $214.23 on Tuesday. The stock has a market capitalization of $53.57 billion, a PE ratio of 46.57, a price-to-earnings-growth ratio of 1.91 and a beta of 1.31. The firm’s 50 day moving average is $205.11 and its 200 day moving average is $199.24. Hilton Worldwide Holdings Inc. has a 12 month low of $142.50 and a 12 month high of $218.82.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The business had revenue of $2.57 billion during the quarter, compared to analyst estimates of $2.51 billion. During the same period in the previous year, the business earned $1.24 EPS. Hilton Worldwide’s revenue was up 12.2% compared to the same quarter last year. Research analysts predict that Hilton Worldwide Holdings Inc. will post 7.07 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 17th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a $0.60 dividend on an annualized basis and a yield of 0.28%. Hilton Worldwide’s dividend payout ratio is 13.04%.

Insider Activity at Hilton Worldwide

In other Hilton Worldwide news, Director Melanie Healey acquired 2,000 shares of Hilton Worldwide stock in a transaction that occurred on Tuesday, May 28th. The stock was acquired at an average cost of $199.65 per share, for a total transaction of $399,300.00. Following the purchase, the director now owns 14,938 shares of the company’s stock, valued at $2,982,371.70. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.50% of the stock is owned by company insiders.

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.