Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC increased its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 43.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,706 shares of the company’s stock after acquiring an additional 1,120 shares during the period. GAMMA Investing LLC’s holdings in Hilton Worldwide were worth $854,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Massmutual Trust Co. FSB ADV boosted its stake in shares of Hilton Worldwide by 4.1% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 1,169 shares of the company’s stock worth $269,000 after acquiring an additional 46 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in shares of Hilton Worldwide by 66.7% during the first quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock valued at $27,000 after purchasing an additional 50 shares during the last quarter. EP Wealth Advisors LLC boosted its position in shares of Hilton Worldwide by 1.5% in the 1st quarter. EP Wealth Advisors LLC now owns 3,616 shares of the company’s stock valued at $771,000 after purchasing an additional 54 shares during the period. AA Financial Advisors LLC raised its holdings in Hilton Worldwide by 4.0% during the 2nd quarter. AA Financial Advisors LLC now owns 1,434 shares of the company’s stock worth $313,000 after buying an additional 55 shares during the period. Finally, Raleigh Capital Management Inc. lifted its stake in Hilton Worldwide by 48.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock valued at $31,000 after buying an additional 56 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Hilton Worldwide

In other 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 sale, the insider now owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.50% of the company’s stock.

Hilton Worldwide Stock Up 0.7 %

Shares of NYSE:HLT opened at $234.19 on Wednesday. The business has a 50 day moving average price of $217.44 and a 200 day moving average price of $211.84. The company has a market cap of $58.56 billion, a price-to-earnings ratio of 50.91, a PEG ratio of 2.46 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a twelve month low of $146.35 and a twelve month high of $235.67.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, August 7th. The company reported $1.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. The business had revenue of $2.95 billion for the quarter, compared to analyst estimates 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 revenue was up 10.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.63 earnings per share. Analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.05 EPS for the current year.

Hilton Worldwide Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, August 23rd were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date was Friday, August 23rd. Hilton Worldwide’s dividend payout ratio (DPR) is presently 13.04%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Barclays cut their price target on shares of Hilton Worldwide from $228.00 to $224.00 and set an “overweight” rating on the stock in a report on Thursday, August 8th. Bank of America increased their target price on Hilton Worldwide from $225.00 to $230.00 and gave the company a “buy” rating in a report on Monday, July 22nd. Deutsche Bank Aktiengesellschaft dropped their price target on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th. The Goldman Sachs Group started coverage on Hilton Worldwide in a research report on Wednesday, September 18th. They set a “buy” rating and a $245.00 price objective for the company. Finally, Robert W. Baird dropped their target price on Hilton Worldwide from $216.00 to $215.00 and set an “outperform” rating on the stock in a report on Thursday, August 8th. Nine equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $213.95.

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.