Signaturefd LLC Has $2 Million Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Signaturefd LLC raised its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,083 shares of the company’s stock after purchasing an additional 127 shares during the period. Signaturefd LLC’s holdings in Hilton Worldwide were worth $1,998,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Noble Wealth Management PBC bought a new position in Hilton Worldwide in the 4th quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. bought a new position in shares of Hilton Worldwide in the fourth quarter worth about $34,000. Groupama Asset Managment lifted its position in shares of Hilton Worldwide by 37.8% during the 3rd quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock worth $35,000 after purchasing an additional 4,118 shares during the last quarter. Sierra Ocean LLC bought a new stake in Hilton Worldwide during the 4th quarter valued at approximately $36,000. Finally, True Wealth Design LLC grew its holdings in Hilton Worldwide by 2,400.0% in the 3rd quarter. True Wealth Design LLC now owns 175 shares of the company’s stock valued at $40,000 after buying an additional 168 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Trading Up 2.2 %

NYSE HLT opened at $234.33 on Tuesday. The firm has a market cap of $56.38 billion, a price-to-earnings ratio of 38.10, a PEG ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a 1-year low of $193.86 and a 1-year high of $275.22. The company has a 50 day moving average of $253.19 and a 200-day moving average of $244.13.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. On average, analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.26%. The ex-dividend date is Friday, February 21st. Hilton Worldwide’s payout ratio is presently 9.76%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on HLT shares. Susquehanna increased their price objective on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a research report on Tuesday, February 25th. Macquarie raised their price target on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Jefferies Financial Group boosted their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Morgan Stanley lifted their target price on Hilton Worldwide from $265.00 to $274.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Finally, Barclays upped their price target on Hilton Worldwide from $270.00 to $287.00 and gave the company an “overweight” rating in a report on Friday, February 7th. Twelve equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Hilton Worldwide has a consensus rating of “Hold” and a consensus target price of $250.61.

Insider Transactions at Hilton Worldwide

In other news, insider Christopher J. Nassetta sold 40,653 shares of the company’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares of the company’s stock, valued at $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.50% of the stock is owned by company insiders.

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.