Colonial Trust Co SC Has $65,000 Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Colonial Trust Co SC increased its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 13,150.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 265 shares of the company’s stock after purchasing an additional 263 shares during the period. Colonial Trust Co SC’s holdings in Hilton Worldwide were worth $65,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in HLT. Fulton Bank N.A. lifted its position in shares of Hilton Worldwide by 8.8% during the 4th quarter. Fulton Bank N.A. now owns 2,383 shares of the company’s stock valued at $589,000 after acquiring an additional 192 shares during the period. Baker Tilly Wealth Management LLC grew its stake in shares of Hilton Worldwide by 4.2% in the 4th quarter. Baker Tilly Wealth Management LLC now owns 4,959 shares of the company’s stock valued at $1,226,000 after buying an additional 200 shares during the period. Harbor Capital Advisors Inc. increased its holdings in shares of Hilton Worldwide by 2.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 8,655 shares of the company’s stock valued at $2,139,000 after acquiring an additional 212 shares in the last quarter. Czech National Bank grew its position in Hilton Worldwide by 5.3% in the 4th quarter. Czech National Bank now owns 52,857 shares of the company’s stock valued at $13,064,000 after purchasing an additional 2,658 shares during the period. Finally, Fiduciary Alliance LLC bought a new stake in Hilton Worldwide during the 4th quarter valued at $1,246,000. 95.90% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently issued reports on HLT shares. Barclays reduced their price objective on shares of Hilton Worldwide from $233.00 to $232.00 and set an “overweight” rating for the company in a report on Wednesday, April 30th. Macquarie dropped their price target on Hilton Worldwide from $245.00 to $240.00 and set a “neutral” rating on the stock in a report on Friday, May 2nd. Jefferies Financial Group reduced their price objective on Hilton Worldwide from $277.00 to $228.00 and set a “hold” rating for the company in a research note on Wednesday, April 9th. Wells Fargo & Company boosted their price target 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. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $235.00 price objective (down previously from $296.00) on shares of Hilton Worldwide in a report on Monday, April 14th. Twelve equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $241.31.

Hilton Worldwide Price Performance

Shares of NYSE HLT opened at $243.18 on Friday. The company has a market cap of $57.80 billion, a P/E ratio of 39.54, a P/E/G ratio of 2.86 and a beta of 1.23. Hilton Worldwide Holdings Inc. has a 52 week low of $194.93 and a 52 week high of $275.22. The business has a 50-day simple moving average of $225.49 and a two-hundred day simple moving average of $242.58.

Hilton Worldwide (NYSE:HLT) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating the consensus estimate of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same quarter in the previous year, the company earned $1.53 earnings per share. Hilton Worldwide’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities research analysts anticipate 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.