Captrust Financial Advisors Acquires 2,693 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Captrust Financial Advisors grew its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 15.7% in the fourth quarter, HoldingsChannel reports. The fund owned 19,798 shares of the company’s stock after purchasing an additional 2,693 shares during the quarter. Captrust Financial Advisors’ holdings in Hilton Worldwide were worth $4,893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Noble Wealth Management PBC purchased a new stake in Hilton Worldwide in the fourth quarter worth about $27,000. VSM Wealth Advisory LLC purchased a new stake in Hilton Worldwide in the 4th quarter worth approximately $28,000. E Fund Management Hong Kong Co. Ltd. bought a new stake in Hilton Worldwide during the 4th quarter worth approximately $34,000. Sierra Ocean LLC purchased a new position in Hilton Worldwide during the fourth quarter valued at approximately $36,000. Finally, Hopwood Financial Services Inc. bought a new position in shares of Hilton Worldwide in the fourth quarter worth approximately $41,000. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on HLT. Wells Fargo & Company lifted their target price on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Jefferies Financial Group decreased their target price on Hilton Worldwide from $277.00 to $228.00 and set a “hold” rating on the stock in a research note on Wednesday, April 9th. Susquehanna upped their price target on Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Truist Financial reduced their price objective on shares of Hilton Worldwide from $251.00 to $223.00 and set a “hold” rating on the stock in a research report on Wednesday, April 30th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $235.00 target price (down previously from $296.00) on shares of Hilton Worldwide in a research report on Monday, April 14th. Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $241.31.

Hilton Worldwide Stock Performance

NYSE:HLT opened at $243.18 on Friday. The firm has a market capitalization of $57.80 billion, a PE ratio of 39.54, a PEG ratio of 2.86 and a beta of 1.23. The stock’s fifty day moving average is $225.49 and its 200 day moving average is $242.58. Hilton Worldwide Holdings Inc. has a fifty-two week low of $194.93 and a fifty-two week high of $275.22.

Hilton Worldwide (NYSE:HLT) last released its earnings results on Tuesday, April 29th. The company reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.61 by $0.11. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.73 billion. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business earned $1.53 EPS. Equities analysts forecast that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

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.