Aristeia Capital L.L.C. Has $482,000 Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Aristeia Capital L.L.C. boosted its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 25.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,207 shares of the company’s stock after purchasing an additional 442 shares during the quarter. Aristeia Capital L.L.C.’s holdings in Hilton Worldwide were worth $482,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Independence Bank of Kentucky grew its holdings in shares of Hilton Worldwide by 66.7% in the 1st quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock valued at $27,000 after buying an additional 50 shares during the period. Eaton Financial Holdings Company LLC increased its holdings in shares of Hilton Worldwide by 0.9% in the fourth quarter. Eaton Financial Holdings Company LLC now owns 5,932 shares of the company’s stock worth $1,080,000 after acquiring an additional 52 shares in the last quarter. EP Wealth Advisors LLC raised its position in shares of Hilton Worldwide by 1.5% during the first quarter. EP Wealth Advisors LLC now owns 3,616 shares of the company’s stock worth $771,000 after purchasing an additional 54 shares during the period. AA Financial Advisors LLC lifted its holdings in shares of Hilton Worldwide by 4.0% during the 2nd quarter. AA Financial Advisors LLC now owns 1,434 shares of the company’s stock valued at $313,000 after purchasing an additional 55 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its position in shares of Hilton Worldwide by 48.7% in the 4th quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock valued at $31,000 after purchasing an additional 56 shares during the period. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Up 0.0 %

HLT opened at $224.67 on Tuesday. Hilton Worldwide Holdings Inc. has a 12-month low of $146.00 and a 12-month high of $229.03. The business has a 50 day moving average of $214.96 and a 200-day moving average of $210.16. The stock has a market cap of $56.18 billion, a price-to-earnings ratio of 48.84, a PEG ratio of 2.32 and a beta of 1.31.

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

Hilton Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, August 23rd will be issued a $0.15 dividend. 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 currently 13.04%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on HLT. Deutsche Bank Aktiengesellschaft cut 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 note on Thursday, August 8th. Robert W. Baird cut their price objective on shares of Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Truist Financial lowered their target price on Hilton Worldwide from $209.00 to $208.00 and set a “hold” rating for the company in a report on Thursday, August 8th. The Goldman Sachs Group assumed coverage on Hilton Worldwide in a report on Wednesday, September 18th. They issued a “buy” rating and a $245.00 price target on the stock. Finally, Macquarie lifted their target price on Hilton Worldwide from $205.00 to $208.00 and gave the company a “neutral” rating in a research report on Wednesday, August 7th. Ten equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus target price of $213.95.

Insiders Place Their Bets

In related news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide 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 completion of the sale, 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 SEC, which is accessible through the SEC website. Company insiders own 2.50% of the company’s stock.

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.