Hancock Whitney Corp Has $2.28 Million Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Hancock Whitney Corp raised its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 0.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,460 shares of the company’s stock after acquiring an additional 64 shares during the quarter. Hancock Whitney Corp’s holdings in Hilton Worldwide were worth $2,282,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HLT. Gilbert & Cook Inc. boosted its holdings in Hilton Worldwide by 7.1% in the fourth quarter. Gilbert & Cook Inc. now owns 6,521 shares of the company’s stock worth $1,187,000 after purchasing an additional 433 shares in the last quarter. Gryphon Financial Partners LLC increased its holdings in shares of Hilton Worldwide by 168.4% during the 4th quarter. Gryphon Financial Partners LLC now owns 4,994 shares of the company’s stock valued at $909,000 after acquiring an additional 3,133 shares during the last quarter. Assetmark Inc. raised its stake in shares of Hilton Worldwide by 13.4% in the 4th quarter. Assetmark Inc. now owns 13,339 shares of the company’s stock valued at $2,429,000 after acquiring an additional 1,577 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in Hilton Worldwide by 2.2% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 9,117 shares of the company’s stock worth $1,660,000 after purchasing an additional 200 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in Hilton Worldwide by 13.8% in the 4th quarter. US Bancorp DE now owns 14,582 shares of the company’s stock worth $2,655,000 after purchasing an additional 1,763 shares during the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Price Performance

Hilton Worldwide stock opened at $224.64 on Friday. The business has a 50 day simple moving average of $214.93 and a 200 day simple moving average of $209.97. The company has a market capitalization of $56.17 billion, a PE ratio of 48.83, a price-to-earnings-growth ratio of 2.32 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a one year low of $146.00 and a one year high of $229.03.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. Hilton Worldwide had a negative return on equity of 69.65% and a net margin of 11.20%. The company had revenue of $2.95 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same period last year, the business earned $1.63 earnings per share. The business’s revenue was up 10.9% on a year-over-year basis. Equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.05 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, August 23rd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, August 23rd. This represents a $0.60 annualized dividend and a yield of 0.27%. Hilton Worldwide’s dividend payout ratio is 13.04%.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th. Bank of America boosted their target price on shares of Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a research report on Monday, July 22nd. Macquarie raised their price target on Hilton Worldwide from $205.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Robert W. Baird cut their price objective on Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating for the company in a research report on Thursday, August 8th. Finally, Susquehanna assumed coverage on Hilton Worldwide in a report on Friday, June 21st. They issued a “neutral” rating and a $215.00 target price on the stock. Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, Hilton Worldwide currently has an average rating of “Moderate Buy” and a consensus target price of $213.95.

Insider Activity

In related news, insider Laura Fuentes sold 4,919 shares of the stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the sale, the insider now directly owns 15,949 shares in the company, valued at approximately $3,460,933. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.50% of the stock is currently owned by corporate insiders.

Hilton Worldwide Company 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.