Quotient Wealth Partners LLC Makes New $209,000 Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Quotient Wealth Partners LLC acquired a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the fourth quarter, HoldingsChannel reports. The fund acquired 846 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors also recently modified their holdings of the company. Signature Estate & Investment Advisors LLC lifted its position in shares of Hilton Worldwide by 2.1% in the third quarter. Signature Estate & Investment Advisors LLC now owns 2,029 shares of the company’s stock valued at $468,000 after buying an additional 42 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in Hilton Worldwide by 0.5% during the third quarter. Harbor Capital Advisors Inc. now owns 8,443 shares of the company’s stock worth $1,946,000 after purchasing an additional 44 shares during the period. Graypoint LLC raised its position in shares of Hilton Worldwide by 2.6% in the third quarter. Graypoint LLC now owns 1,869 shares of the company’s stock valued at $431,000 after purchasing an additional 47 shares during the period. Meadow Creek Wealth Advisors LLC boosted its holdings in shares of Hilton Worldwide by 4.2% during the 3rd quarter. Meadow Creek Wealth Advisors LLC now owns 1,184 shares of the company’s stock worth $273,000 after buying an additional 48 shares during the period. Finally, Versant Capital Management Inc grew its stake in Hilton Worldwide by 14.8% in the 4th quarter. Versant Capital Management Inc now owns 372 shares of the company’s stock valued at $92,000 after buying an additional 48 shares during the last quarter. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $267.43 on Tuesday. Hilton Worldwide Holdings Inc. has a 52-week low of $186.83 and a 52-week high of $274.18. The company has a market capitalization of $65.19 billion, a PE ratio of 43.48, a price-to-earnings-growth ratio of 2.85 and a beta of 1.29. The company has a fifty day moving average of $250.63 and a 200-day moving average of $236.10.

Hilton Worldwide (NYSE:HLT) last posted its earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 57.01% and a net margin of 13.74%. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.76 EPS for the current fiscal year.

Hilton Worldwide announced that its Board of Directors has approved a share buyback plan on Thursday, November 14th that permits the company to buyback $3.50 billion in outstanding shares. This buyback authorization permits the company to buy up to 5.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Hilton Worldwide Dividend Announcement

The firm also recently declared 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 0.22%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide’s dividend payout ratio (DPR) is currently 9.76%.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Michael W. Duffy sold 23,366 shares of Hilton Worldwide stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now directly owns 22,833 shares of the company’s stock, valued at approximately $5,746,152.78. The trade was a 50.58 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $268.83, for a total value 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 trade represents a 34.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on HLT shares. Melius cut Hilton Worldwide from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Robert W. Baird increased their price objective on Hilton Worldwide from $235.00 to $236.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Melius Research reissued a “hold” rating on shares of Hilton Worldwide in a research report on Monday, October 21st. Raymond James lifted their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research note on Monday. Finally, Macquarie increased their target price on shares of Hilton Worldwide from $248.00 to $260.00 and gave the stock a “neutral” rating in a research report on Friday. Twelve equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $246.61.

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.