14,000 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Bought by Masterton Capital Management LP

Masterton Capital Management LP acquired a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 14,000 shares of the company’s stock, valued at approximately $3,055,000. Hilton Worldwide accounts for approximately 2.2% of Masterton Capital Management LP’s investment portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Independence Bank of Kentucky lifted its position in Hilton Worldwide by 66.7% during the 1st quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock worth $27,000 after acquiring an additional 50 shares in the last quarter. Raleigh Capital Management Inc. grew its holdings in Hilton Worldwide by 48.7% during 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 in the last quarter. EdgeRock Capital LLC acquired a new position in Hilton Worldwide in the 2nd quarter worth $33,000. Pinnacle Bancorp Inc. purchased a new position in Hilton Worldwide in the 1st quarter valued at about $34,000. Finally, Manchester Capital Management LLC grew its stake in shares of Hilton Worldwide by 247.8% during the first quarter. Manchester Capital Management LLC now owns 160 shares of the company’s stock valued at $34,000 after acquiring an additional 114 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Analysts Set New Price Targets

HLT has been the subject of a number of analyst reports. Barclays reduced their price target on Hilton Worldwide from $228.00 to $224.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Macquarie raised their price target on shares of Hilton Worldwide from $205.00 to $208.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 7th. Robert W. Baird dropped their price target on shares of Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Bank of America increased their price objective on shares of Hilton Worldwide from $225.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating for the company in a research report on Thursday, August 8th. Ten equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Hilton Worldwide has a consensus rating of “Moderate Buy” and a consensus price target of $213.95.

Insider Transactions at Hilton Worldwide

In related news, insider Laura Fuentes sold 4,919 shares of the firm’s stock in a transaction dated 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 transaction, the insider now owns 15,949 shares of the company’s stock, valued at $3,460,933. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of HLT stock opened at $224.67 on Tuesday. The firm has a market capitalization of $56.18 billion, a PE ratio of 48.84, a price-to-earnings-growth ratio of 2.32 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a 1 year low of $146.00 and a 1 year high of $229.03. The stock has a fifty day moving average of $214.96 and a two-hundred day moving average of $210.16.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, August 7th. The company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.86 by $0.05. The firm had revenue of $2.95 billion for 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%. Hilton Worldwide’s quarterly revenue was up 10.9% on a year-over-year basis. During the same quarter last year, the company earned $1.63 EPS. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.05 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently declared 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. This represents a $0.60 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Friday, August 23rd. Hilton Worldwide’s payout ratio is currently 13.04%.

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.