Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance raised its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 44.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,680 shares of the company’s stock after purchasing an additional 1,128 shares during the period. Independent Advisor Alliance’s holdings in Hilton Worldwide were worth $910,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Johnson Investment Counsel Inc. acquired a new position in Hilton Worldwide during the 4th quarter valued at about $209,000. Daiwa Securities Group Inc. lifted its stake in shares of Hilton Worldwide by 7.9% in the 4th quarter. Daiwa Securities Group Inc. now owns 32,865 shares of the company’s stock worth $8,123,000 after acquiring an additional 2,395 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Hilton Worldwide by 2.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 225,661 shares of the company’s stock worth $55,774,000 after acquiring an additional 4,846 shares during the period. MQS Management LLC acquired a new stake in shares of Hilton Worldwide in the 4th quarter worth approximately $262,000. Finally, AlphaQuest LLC lifted its stake in shares of Hilton Worldwide by 3.3% in the 4th quarter. AlphaQuest LLC now owns 4,533 shares of the company’s stock worth $1,120,000 after acquiring an additional 145 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

Hilton Worldwide Trading Up 3.5 %

NYSE:HLT opened at $229.61 on Friday. Hilton Worldwide Holdings Inc. has a 1 year low of $193.86 and a 1 year high of $275.22. The firm’s fifty day simple moving average is $253.37 and its 200 day simple moving average is $243.83. The firm has a market capitalization of $55.24 billion, a PE ratio of 37.34, a PEG ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results 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%. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Friday, February 21st. Hilton Worldwide’s payout ratio is 9.76%.

Insider Transactions at Hilton Worldwide

In other Hilton Worldwide news, insider Christopher J. Nassetta sold 40,653 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the completion of the sale, the insider now owns 77,383 shares in the company, valued at approximately $20,802,871.89. This trade represents a 34.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael W. Duffy sold 23,366 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $251.66, for a total transaction of $5,880,287.56. Following the transaction, the insider now owns 22,833 shares of the company’s stock, valued at approximately $5,746,152.78. This represents a 50.58 % decrease in their position. The disclosure for this sale can be found here. 2.50% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Susquehanna boosted their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Barclays boosted their target price on shares of Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a report on Friday, February 7th. Wells Fargo & Company boosted their target price on shares of Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Jefferies Financial Group boosted their target price on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a report on Thursday, January 2nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $250.61.

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.