Axa purchased a new position in shares of Hilton Worldwide Holdings Inc (NYSE:HLT) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 40,586 shares of the company’s stock, valued at approximately $3,241,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of HLT. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Hilton Worldwide during the 3rd quarter valued at about $208,000. Lombard Odier Asset Management Europe Ltd acquired a new position in shares of Hilton Worldwide during the 4th quarter valued at about $208,000. Keybank National Association OH acquired a new position in shares of Hilton Worldwide during the 3rd quarter valued at about $221,000. Zeke Capital Advisors LLC acquired a new position in shares of Hilton Worldwide during the 3rd quarter valued at about $265,000. Finally, FNY Partners Fund LP increased its holdings in shares of Hilton Worldwide by 19,575.0% during the 3rd quarter. FNY Partners Fund LP now owns 3,935 shares of the company’s stock valued at $273,000 after acquiring an additional 3,915 shares during the last quarter. 98.70% of the stock is owned by institutional investors.
Shares of Hilton Worldwide stock opened at $81.51 on Monday. The stock has a market capitalization of $25,766.78, a P/E ratio of 20.95, a price-to-earnings-growth ratio of 5.86 and a beta of 1.33. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 3.16. Hilton Worldwide Holdings Inc has a fifty-two week low of $55.91 and a fifty-two week high of $88.11.
Hilton Worldwide (NYSE:HLT) last released its earnings results on Wednesday, February 14th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.44 by $0.10. The firm had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.24 billion. Hilton Worldwide had a return on equity of 39.37% and a net margin of 13.77%. The company’s revenue was up 23.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.70 EPS. equities research analysts forecast that Hilton Worldwide Holdings Inc will post 2.62 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Friday, March 2nd will be given a $0.15 dividend. The ex-dividend date is Thursday, March 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.74%. Hilton Worldwide’s dividend payout ratio is currently 15.42%.
A number of brokerages have recently commented on HLT. Royal Bank of Canada increased their price objective on Hilton Worldwide to $96.00 and gave the company an “outperform” rating in a report on Monday, January 29th. SunTrust Banks increased their price objective on Hilton Worldwide to $92.00 and gave the company a “buy” rating in a report on Thursday, February 15th. JPMorgan Chase & Co. increased their price objective on Hilton Worldwide from $90.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, February 15th. Wells Fargo increased their price objective on Hilton Worldwide from $78.00 to $88.00 and gave the company a “market perform” rating in a report on Thursday, February 15th. Finally, B. Riley reissued a “neutral” rating and set a $84.00 price objective (up previously from $73.00) on shares of Hilton Worldwide in a report on Wednesday, February 14th. Eleven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $80.89.
Hilton Worldwide 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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