Parametric Portfolio Associates LLC Acquires 7,142 Shares of Hilton Worldwide Holdings Inc. (HLT)

Parametric Portfolio Associates LLC lifted its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 6.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 110,532 shares of the company’s stock after buying an additional 7,142 shares during the period. Parametric Portfolio Associates LLC’s holdings in Hilton Worldwide Holdings were worth $6,836,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Marshall Wace North America L.P. acquired a new position in shares of Hilton Worldwide Holdings during the 2nd quarter worth about $2,405,000. Schwab Charles Investment Management Inc. boosted its stake in shares of Hilton Worldwide Holdings by 131.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 743,199 shares of the company’s stock worth $45,967,000 after buying an additional 421,910 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Hilton Worldwide Holdings by 10.6% during the 2nd quarter. Principal Financial Group Inc. now owns 3,443,710 shares of the company’s stock worth $212,994,000 after buying an additional 329,412 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Hilton Worldwide Holdings by 540.5% during the 2nd quarter. Alliancebernstein L.P. now owns 1,027,871 shares of the company’s stock worth $63,574,000 after buying an additional 867,400 shares during the last quarter. Finally, Andra AP fonden boosted its stake in shares of Hilton Worldwide Holdings by 436.2% during the 2nd quarter. Andra AP fonden now owns 21,800 shares of the company’s stock worth $1,348,000 after buying an additional 17,734 shares during the last quarter. Institutional investors own 99.19% of the company’s stock.

Hilton Worldwide Holdings Inc. (HLT) opened at 71.10 on Friday. The firm has a 50-day moving average of $68.03 and a 200 day moving average of $63.70. The company has a market capitalization of $23.05 billion, a PE ratio of 592.50 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 12-month low of $44.73 and a 12-month high of $71.54.

Hilton Worldwide Holdings (NYSE:HLT) last released its earnings results on Wednesday, July 26th. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.02. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.31 billion. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The company’s quarterly revenue was up 20.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.25 earnings per share. Analysts forecast that Hilton Worldwide Holdings Inc. will post $1.84 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, August 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Wednesday, August 16th. Hilton Worldwide Holdings’s payout ratio is 461.33%.

A number of equities analysts have recently commented on HLT shares. Royal Bank Of Canada restated a “buy” rating and set a $70.00 price objective on shares of Hilton Worldwide Holdings in a research note on Friday, September 22nd. Berenberg Bank reiterated a “sell” rating and issued a $47.00 target price on shares of Hilton Worldwide Holdings in a research note on Thursday, July 27th. Zacks Investment Research upgraded shares of Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a research note on Wednesday, September 27th. Barclays PLC raised their target price on shares of 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. Finally, BidaskClub downgraded shares of Hilton Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $71.06.

In other Hilton Worldwide Holdings news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the business’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $69.11, for a total value of $1,077,851,654.25. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by insiders.

ILLEGAL ACTIVITY WARNING: This article was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be

Other institutional investors have also bought and sold shares of the company. Marshall Wace North America L.P. acquired a new position in shares of Hilton Worldwide Holdings during the 2nd quarter worth about $2,405,000. Schwab Charles Investment Management Inc. boosted its stake in shares of Hilton Worldwide Holdings by 131.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 743,199 shares of the company’s stock worth $45,967,000 after buying an additional 421,910 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Hilton Worldwide Holdings by 10.6% during the 2nd quarter. Principal Financial Group Inc. now owns 3,443,710 shares of the company’s stock worth $212,994,000 after buying an additional 329,412 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Hilton Worldwide Holdings by 540.5% during the 2nd quarter. Alliancebernstein L.P. now owns 1,027,871 shares of the company’s stock worth $63,574,000 after buying an additional 867,400 shares during the last quarter. Finally, Andra AP fonden boosted its stake in shares of Hilton Worldwide Holdings by 436.2% during the 2nd quarter. Andra AP fonden now owns 21,800 shares of the company’s stock worth $1,348,000 after buying an additional 17,734 shares during the last quarter. Institutional investors own 99.19% of the company’s stock.

Hilton Worldwide Holdings Inc. (HLT) opened at 71.10 on Friday. The firm has a 50-day moving average of $68.03 and a 200 day moving average of $63.70. The company has a market capitalization of $23.05 billion, a PE ratio of 592.50 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 12-month low of $44.73 and a 12-month high of $71.54.

Hilton Worldwide Holdings (NYSE:HLT) last released its earnings results on Wednesday, July 26th. The company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.02. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.31 billion. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The company’s quarterly revenue was up 20.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.25 earnings per share. Analysts forecast that Hilton Worldwide Holdings Inc. will post $1.84 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, August 18th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend was Wednesday, August 16th. Hilton Worldwide Holdings’s payout ratio is 461.33%.

A number of equities analysts have recently commented on HLT shares. Royal Bank Of Canada restated a “buy” rating and set a $70.00 price objective on shares of Hilton Worldwide Holdings in a research note on Friday, September 22nd. Berenberg Bank reiterated a “sell” rating and issued a $47.00 target price on shares of Hilton Worldwide Holdings in a research note on Thursday, July 27th. Zacks Investment Research upgraded shares of Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $77.00 target price for the company in a research note on Wednesday, September 27th. Barclays PLC raised their target price on shares of 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. Finally, BidaskClub downgraded shares of Hilton Worldwide Holdings from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $71.06.

In other Hilton Worldwide Holdings news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the business’s stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $69.11, for a total value of $1,077,851,654.25. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by insiders.

ILLEGAL ACTIVITY WARNING: This article was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another publication, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this article can be viewed at https://ledgergazette.com/2017/10/20/parametric-portfolio-associates-llc-acquires-7142-shares-of-hilton-worldwide-holdings-inc-hlt.html.

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.

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

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