Haven Capital Group Inc. Makes New $3.14 Million Investment in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Haven Capital Group Inc. purchased a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 12,717 shares of the company’s stock, valued at approximately $3,143,000. Hilton Worldwide accounts for about 3.0% of Haven Capital Group Inc.’s portfolio, making the stock its 14th biggest position.

Other institutional investors also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Hilton Worldwide in the 3rd quarter worth $765,000. Jones Financial Companies Lllp raised its stake in shares of Hilton Worldwide by 194.8% in the 4th quarter. Jones Financial Companies Lllp now owns 2,633 shares of the company’s stock worth $651,000 after buying an additional 1,740 shares in the last quarter. Amundi raised its stake in shares of Hilton Worldwide by 24.2% in the 4th quarter. Amundi now owns 953,938 shares of the company’s stock worth $232,098,000 after buying an additional 185,765 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised 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 buying an additional 4,846 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Hilton Worldwide by 3.1% in the 3rd quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after buying an additional 121,900 shares in the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $234.33 on Tuesday. The business’s 50-day moving average price is $253.19 and its two-hundred day moving average price is $244.13. Hilton Worldwide Holdings Inc. has a one year low of $193.86 and a one year high of $275.22. The company has a market capitalization of $56.38 billion, a P/E ratio of 38.10, a price-to-earnings-growth ratio of 2.86 and a beta of 1.29.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Thursday, February 6th. The company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. On average, equities analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business 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 of this dividend is Friday, February 21st. Hilton Worldwide’s dividend payout ratio is 9.76%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Barclays boosted their price objective on Hilton Worldwide from $270.00 to $287.00 and gave the stock an “overweight” rating in a research note on Friday, February 7th. Jefferies Financial Group boosted their target price on Hilton Worldwide from $237.00 to $277.00 and gave the stock 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. Wells Fargo & Company boosted their target price on Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 4th. Finally, The Goldman Sachs Group boosted their target price on Hilton Worldwide from $247.00 to $277.00 and gave the stock a “buy” rating in a research report on Tuesday, December 10th. Twelve investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $250.61.

Insider Activity

In other news, insider Christopher J. Nassetta sold 40,653 shares of the stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $268.83, for a total transaction of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares of the company’s stock, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 2.50% of the stock is currently owned by insiders.

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.