Lecap Asset Administration Ltd. acquired a brand new place in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) within the third quarter, HoldingsChannel.com studies. The agency acquired 4,394 shares of the corporate’s inventory, valued at roughly $1,013,000.
A number of different hedge funds additionally not too long ago modified their holdings of HLT. Massachusetts Monetary Companies Co. MA raised its place in Hilton Worldwide by 36.9% in the course of the second quarter. Massachusetts Monetary Companies Co. MA now owns 4,754,647 shares of the corporate’s inventory value $1,037,464,000 after buying an extra 1,282,676 shares within the final quarter. Capital World Buyers grew its stake in Hilton Worldwide by 66.3% within the 1st quarter. Capital World Buyers now owns 3,127,600 shares of the corporate’s inventory valued at $667,148,000 after shopping for an extra 1,246,662 shares over the past quarter. JPMorgan Chase & Co. raised its holdings in Hilton Worldwide by 10.5% within the 1st quarter. JPMorgan Chase & Co. now owns 8,044,198 shares of the corporate’s inventory valued at $1,715,908,000 after buying an extra 761,104 shares in the course of the interval. PineStone Asset Administration Inc. acquired a brand new stake in Hilton Worldwide in the course of the second quarter value roughly $98,607,000. Lastly, Fiera Capital Corp elevated its stake in shares of Hilton Worldwide by 6,417.6% in the course of the second quarter. Fiera Capital Corp now owns 442,869 shares of the corporate’s inventory value $96,634,000 after buying an extra 436,074 shares in the course of the interval. Institutional buyers personal 95.90% of the corporate’s inventory.
Insider Shopping for and Promoting
In different information, insider Laura Fuentes offered 4,919 shares of Hilton Worldwide inventory in a transaction on Friday, September thirteenth. The inventory was offered at a mean value of $217.00, for a complete transaction of $1,067,423.00. Following the sale, the insider now straight owns 15,949 shares within the firm, valued at $3,460,933. The commerce was a 0.00 % lower of their place. The transaction was disclosed in a doc filed with the SEC, which is obtainable at this hyperlink. 2.50% of the inventory is at the moment owned by company insiders.
Hilton Worldwide Inventory Down 1.9 %
NYSE HLT opened at $233.53 on Thursday. Hilton Worldwide Holdings Inc. has a 52 week low of $147.58 and a 52 week excessive of $240.00. The enterprise has a 50 day shifting common value of $224.51 and a 200-day shifting common value of $213.94. The corporate has a market cap of $58.39 billion, a price-to-earnings ratio of fifty.77, a P/E/G ratio of two.60 and a beta of 1.31.
Hilton Worldwide (NYSE:HLT – Get Free Report) final issued its quarterly earnings information on Wednesday, August seventh. The corporate reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.05. The agency had income of $2.95 billion in the course of the quarter, in comparison with analysts’ expectations of $2.90 billion. Hilton Worldwide had a internet margin of 11.20% and a unfavorable return on fairness of 69.65%. The enterprise’s income was up 10.9% on a year-over-year foundation. Throughout the identical interval final 12 months, the corporate earned $1.63 earnings per share. On common, equities analysis analysts anticipate that Hilton Worldwide Holdings Inc. will put up 7.05 earnings per share for the present 12 months.
Hilton Worldwide Broadcasts Dividend
The agency additionally not too long ago introduced a quarterly dividend, which was paid on Friday, September twenty seventh. Stockholders of document on Friday, August twenty third had been issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.26%. The ex-dividend date was Friday, August twenty third. Hilton Worldwide’s dividend payout ratio is presently 13.04%.
Wall Avenue Analyst Weigh In
A variety of equities analysts not too long ago commented on HLT shares. JPMorgan Chase & Co. raised their value goal on shares of Hilton Worldwide from $200.00 to $216.00 and gave the inventory a “impartial” score in a analysis report on Friday, July nineteenth. Robert W. Baird set a $235.00 goal value on Hilton Worldwide in a analysis report on Thursday, October seventeenth. Macquarie elevated their value goal on shares of Hilton Worldwide from $205.00 to $208.00 and gave the inventory a “impartial” score in a analysis notice on Wednesday, August seventh. Melius downgraded shares of Hilton Worldwide from a “purchase” score to a “maintain” score in a report on Monday. Lastly, The Goldman Sachs Group began protection on shares of Hilton Worldwide in a analysis report on Wednesday, September 18th. They set a “purchase” score and a $245.00 value goal for the corporate. Eleven equities analysis analysts have rated the inventory with a maintain score and ten have assigned a purchase score to the corporate’s inventory. Based on MarketBeat, the corporate has a mean score of “Maintain” and a consensus goal value of $221.42.
View Our Newest Analysis Report on HLT
Hilton Worldwide Profile
Hilton Worldwide Holdings Inc, a hospitality firm, engages in managing, franchising, proudly owning, and leasing resorts and resorts. It operates by way of two segments, Administration and Franchise, and Possession. The corporate engages within the resort administration and licensing of its manufacturers. It operates luxurious resorts beneath the Waldorf Astoria Lodges & Resorts, LXR Lodges & Resorts, and Conrad Lodges & Resorts model; life-style resorts beneath the Cover by Hilton, Curio Assortment by Hilton, Tapestry Assortment by Hilton, Tempo by Hilton, and Motto by Hilton model; full service resorts beneath the Signia by Hilton, Hilton Lodges & Resorts, and DoubleTree by Hilton model; service resorts beneath the Hilton Backyard Inn, Hampton by Hilton, and Tru by Hilton model; all-suite resorts beneath the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton model; and economic system resort beneath the Spark by Hilton model, in addition to Hilton Grand Holidays.
Featured Tales
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