Benjamin Edwards Inc. Has $725,000 Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Benjamin Edwards Inc. grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 17.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,933 shares of the company’s stock after purchasing an additional 426 shares during the quarter. Benjamin Edwards Inc.’s holdings in Hilton Worldwide were worth $725,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several analysts have commented on HLT shares. Mizuho restated a “neutral” rating and set a $263.00 target price (up from $243.00) on shares of Hilton Worldwide in a report on Wednesday, February 5th. Wells Fargo & Company raised their price objective 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. Susquehanna upped their target price on shares of Hilton Worldwide from $247.00 to $250.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Evercore ISI dropped their price target on Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 23rd. Finally, Robert W. Baird increased their price objective on Hilton Worldwide from $242.00 to $246.00 and gave the stock an “outperform” rating in a report on Wednesday, April 30th. Twelve investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Hilton Worldwide currently has a consensus rating of “Hold” and an average price target of $241.31.

Hilton Worldwide Price Performance

NYSE:HLT opened at $243.18 on Friday. Hilton Worldwide Holdings Inc. has a 12-month low of $194.93 and a 12-month high of $275.22. The stock’s 50 day moving average price is $225.49 and its two-hundred day moving average price is $242.58. The firm has a market capitalization of $57.80 billion, a price-to-earnings ratio of 39.54, a P/E/G ratio of 2.86 and a beta of 1.23.

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