Fidelis Capital Partners LLC Sells 155 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Fidelis Capital Partners LLC cut its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,760 shares of the company’s stock after selling 155 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Hilton Worldwide were worth $969,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions 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 valued at $1,187,000 after acquiring an additional 433 shares during the last quarter. Gryphon Financial Partners LLC lifted its stake in Hilton Worldwide by 168.4% in the fourth quarter. Gryphon Financial Partners LLC now owns 4,994 shares of the company’s stock valued at $909,000 after buying an additional 3,133 shares during the period. Assetmark Inc. boosted its holdings in shares of Hilton Worldwide by 13.4% during the 4th quarter. Assetmark Inc. now owns 13,339 shares of the company’s stock worth $2,429,000 after buying an additional 1,577 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in shares of Hilton Worldwide by 2.2% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 9,117 shares of the company’s stock worth $1,660,000 after buying an additional 200 shares during the period. Finally, US Bancorp DE increased its stake in shares of Hilton Worldwide by 13.8% in the 4th quarter. US Bancorp DE now owns 14,582 shares of the company’s stock valued at $2,655,000 after acquiring an additional 1,763 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Down 0.4 %

Shares of NYSE HLT opened at $224.64 on Monday. The company has a market capitalization of $56.17 billion, a PE ratio of 48.83, a PEG ratio of 2.32 and a beta of 1.31. The stock’s 50 day moving average price is $214.93 and its 200-day moving average price is $210.02. Hilton Worldwide Holdings Inc. has a twelve month low of $146.00 and a twelve month high of $229.03.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $1.91 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $2.95 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the previous year, the firm earned $1.63 earnings per share. The business’s revenue was up 10.9% on a year-over-year basis. As a group, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

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

Insiders Place Their Bets

In other news, insider Laura Fuentes sold 4,919 shares of the stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the completion of the transaction, the insider now directly owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HLT. Bank of America increased their target price on shares of Hilton Worldwide from $225.00 to $230.00 and gave the stock a “buy” rating in a research note on Monday, July 22nd. Deutsche Bank Aktiengesellschaft reduced their target price on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating for the company in a research note on Thursday, August 8th. Barclays dropped their price target on Hilton Worldwide from $228.00 to $224.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. The Goldman Sachs Group initiated coverage on Hilton Worldwide in a research note on Wednesday, September 18th. They issued a “buy” rating and a $245.00 price objective for the company. Finally, JPMorgan Chase & Co. boosted their price objective on Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a report on Friday, July 19th. Ten equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $213.95.

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.