Two Sigma Investments LP Boosts Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Two Sigma Investments LP boosted its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 48.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,707 shares of the company’s stock after purchasing an additional 36,650 shares during the quarter. Two Sigma Investments LP’s holdings in Hilton Worldwide were worth $27,610,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in HLT. True Wealth Design LLC lifted its position in shares of Hilton Worldwide by 85.1% in the fourth quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $80,000 after buying an additional 149 shares in the last quarter. State of Wyoming increased its stake in Hilton Worldwide by 147.8% in the 4th quarter. State of Wyoming now owns 1,430 shares of the company’s stock worth $353,000 after acquiring an additional 853 shares during the last quarter. SurgoCap Partners LP purchased a new stake in shares of Hilton Worldwide during the 4th quarter worth approximately $109,492,000. Toronto Dominion Bank boosted its position in shares of Hilton Worldwide by 1.6% during the 4th quarter. Toronto Dominion Bank now owns 134,983 shares of the company’s stock valued at $33,361,000 after acquiring an additional 2,146 shares during the last quarter. Finally, Snowden Capital Advisors LLC grew its holdings in shares of Hilton Worldwide by 4.1% in the fourth quarter. Snowden Capital Advisors LLC now owns 3,191 shares of the company’s stock valued at $789,000 after purchasing an additional 126 shares in the last quarter. Institutional investors own 95.90% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on HLT shares. Mizuho reiterated a “neutral” rating and set a $263.00 price objective (up previously from $243.00) on shares of Hilton Worldwide in a research report on Wednesday, February 5th. Raymond James increased their price target on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a report on Monday, February 10th. The Goldman Sachs Group reissued a “neutral” rating and set a $235.00 price objective (down from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Macquarie decreased their price objective on Hilton Worldwide from $245.00 to $240.00 and set a “neutral” rating on the stock in a research report on Friday, May 2nd. Finally, Barclays dropped their target price on Hilton Worldwide from $233.00 to $232.00 and set an “overweight” rating for the company in a report on Wednesday, April 30th. Eleven investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $245.56.

Hilton Worldwide Stock Down 2.5%

HLT stock opened at $246.96 on Thursday. Hilton Worldwide Holdings Inc. has a twelve month low of $194.93 and a twelve month high of $275.22. The firm has a market cap of $58.70 billion, a price-to-earnings ratio of 40.16, a PEG ratio of 2.86 and a beta of 1.23. The business’s fifty day simple moving average is $227.87 and its two-hundred day simple moving average is $243.52.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.73 billion. During the same period in the prior year, the business posted $1.53 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.15 per share. This represents a dividend yield of 0.23%. The ex-dividend date of this dividend is Friday, May 23rd. Hilton Worldwide’s dividend payout ratio is presently 9.46%.

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.