Mn Services Vermogensbeheer B.V. Purchases 1,900 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mn Services Vermogensbeheer B.V. boosted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 1.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 100,781 shares of the company’s stock after buying an additional 1,900 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Hilton Worldwide were worth $24,909,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Principal Financial Group Inc. grew its position in shares of Hilton Worldwide by 15.3% during the third quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after purchasing an additional 1,429,537 shares in the last quarter. Jennison Associates LLC lifted its holdings in Hilton Worldwide by 33.2% in the 3rd quarter. Jennison Associates LLC now owns 3,234,809 shares of the company’s stock worth $745,624,000 after purchasing an additional 806,029 shares in the last quarter. Stockbridge Partners LLC grew its holdings in Hilton Worldwide by 63.6% during the 3rd quarter. Stockbridge Partners LLC now owns 1,544,399 shares of the company’s stock valued at $355,984,000 after buying an additional 600,593 shares in the last quarter. FMR LLC raised its position in shares of Hilton Worldwide by 2.1% during the third quarter. FMR LLC now owns 11,215,391 shares of the company’s stock valued at $2,585,148,000 after buying an additional 226,223 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its holdings in shares of Hilton Worldwide by 179.6% in the third quarter. Jacobs Levy Equity Management Inc. now owns 300,574 shares of the company’s stock worth $69,282,000 after buying an additional 193,063 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Hilton Worldwide Trading Down 0.4 %

Shares of HLT opened at $258.95 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $193.86 and a twelve month high of $275.22. The company’s fifty day simple moving average is $254.28 and its 200-day simple moving average is $241.12. The company has a market cap of $62.30 billion, a P/E ratio of 42.11, a P/E/G ratio of 2.86 and a beta of 1.29.

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

Hilton Worldwide Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 21st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 0.23%. Hilton Worldwide’s payout ratio is 9.76%.

Hilton Worldwide declared that its Board of Directors has initiated a stock buyback program on Thursday, November 14th that allows the company to buyback $3.50 billion in outstanding shares. This buyback authorization allows the company to repurchase up to 5.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HLT. Raymond James raised their target price on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research note on Monday, February 10th. Jefferies Financial Group raised their price objective on Hilton Worldwide from $237.00 to $277.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. JPMorgan Chase & Co. boosted their target price on Hilton Worldwide from $219.00 to $226.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Susquehanna raised their price target on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Mizuho reaffirmed a “neutral” rating and set a $263.00 price objective (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Twelve investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $248.56.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Michael W. Duffy sold 23,366 shares of the firm’s stock in a transaction on 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 in the company, valued at $5,746,152.78. This trade represents a 50.58 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction on 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 directly owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.50% of the company’s stock.

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.