Hilton Worldwide Holdings Inc. (HLT) Position Boosted by Virtu KCG Holdings LLC

Virtu KCG Holdings LLC lifted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 251.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,853 shares of the company’s stock after purchasing an additional 36,370 shares during the period. Virtu KCG Holdings LLC’s holdings in Hilton Worldwide Holdings were worth $3,145,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its stake in shares of Hilton Worldwide Holdings by 131.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 743,199 shares of the company’s stock valued at $45,967,000 after purchasing an additional 421,910 shares in the last quarter. Marshall Wace North America L.P. purchased a new position in shares of Hilton Worldwide Holdings in the 2nd quarter valued at about $2,405,000. Principal Financial Group Inc. increased its stake in shares of Hilton Worldwide Holdings by 10.6% in the 2nd quarter. Principal Financial Group Inc. now owns 3,443,710 shares of the company’s stock valued at $212,994,000 after purchasing an additional 329,412 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of Hilton Worldwide Holdings by 540.5% in the 2nd quarter. Alliancebernstein L.P. now owns 1,027,871 shares of the company’s stock valued at $63,574,000 after purchasing an additional 867,400 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Hilton Worldwide Holdings by 4.9% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 584,880 shares of the company’s stock valued at $36,175,000 after purchasing an additional 27,194 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) traded up 1.55% on Monday, hitting $69.25. The stock had a trading volume of 337,760 shares. The stock has a market cap of $22.45 billion, a PE ratio of 577.08 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a one year low of $44.73 and a one year high of $69.32. The company’s 50 day moving average is $63.52 and its 200 day moving average is $61.88.

Hilton Worldwide Holdings (NYSE:HLT) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.02. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The business had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same period last year, the company posted $0.25 EPS. The company’s revenue was up 20.3% on a year-over-year basis. Equities research analysts predict that Hilton Worldwide Holdings Inc. will post $1.83 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, August 18th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, August 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.88%. Hilton Worldwide Holdings’s dividend payout ratio (DPR) is 461.33%.

Several equities analysts recently weighed in on HLT shares. TheStreet lowered Hilton Worldwide Holdings from a “b” rating to a “c+” rating in a research note on Friday, June 30th. Berenberg Bank restated a “sell” rating and issued a $47.00 price target on shares of Hilton Worldwide Holdings in a research note on Thursday, July 27th. BidaskClub lowered Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research note on Friday, June 23rd. Telsey Advisory Group lifted their price target on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a research note on Wednesday, July 26th. Finally, Barclays PLC lifted their price target on Hilton Worldwide Holdings from $63.00 to $64.00 and gave the company an “equal weight” rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $70.88.

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Hilton Worldwide Holdings Company Profile

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.

Institutional Ownership by Quarter for Hilton Worldwide Holdings (NYSE:HLT)

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