Dorsey & Whitney Belief CO LLC grew its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) by 8.6% within the second quarter, in accordance with its most up-to-date disclosure with the Securities & Trade Fee. The fund owned 2,933 shares of the corporate’s inventory after shopping for a further 232 shares in the course of the interval. Dorsey & Whitney Belief CO LLC’s holdings in Hilton Worldwide have been price $640,000 as of its most up-to-date submitting with the Securities & Trade Fee.
Different hedge funds have additionally modified their holdings of the corporate. Independence Financial institution of Kentucky raised its place in shares of Hilton Worldwide by 66.7% within the first quarter. Independence Financial institution of Kentucky now owns 125 shares of the corporate’s inventory valued at $27,000 after shopping for a further 50 shares over the last quarter. Frazier Monetary Advisors LLC acquired a brand new stake in shares of Hilton Worldwide within the fourth quarter valued at about $28,000. Raleigh Capital Administration Inc. raised its place in shares of Hilton Worldwide by 48.7% within the fourth quarter. Raleigh Capital Administration Inc. now owns 171 shares of the corporate’s inventory valued at $31,000 after shopping for a further 56 shares over the last quarter. EdgeRock Capital LLC acquired a brand new stake in shares of Hilton Worldwide within the second quarter valued at about $33,000. Lastly, Pinnacle Bancorp Inc. acquired a brand new stake in shares of Hilton Worldwide within the first quarter valued at about $34,000. 95.90% of the inventory is presently owned by institutional traders and hedge funds.
Hilton Worldwide Inventory Up 0.4 %
Shares of Hilton Worldwide inventory opened at $211.58 on Thursday. Hilton Worldwide Holdings Inc. has a 52-week low of $146.00 and a 52-week excessive of $229.03. The corporate has a 50 day transferring common of $214.43 and a 200 day transferring common of $209.16. The corporate has a market capitalization of $52.14 billion, a P/E ratio of 46.00, a P/E/G ratio of two.34 and a beta of 1.31.
Hilton Worldwide (NYSE:HLT – Get Free Report) final launched its quarterly earnings information on Wednesday, August seventh. The corporate reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.05. Hilton Worldwide had a internet margin of 11.20% and a unfavorable return on fairness of 69.65%. The corporate had income of $2.95 billion for the quarter, in comparison with analysts’ expectations of $2.90 billion. Throughout the identical quarter final yr, the corporate earned $1.63 earnings per share. The agency’s income for the quarter was up 10.9% on a year-over-year foundation. As a gaggle, analysis analysts anticipate that Hilton Worldwide Holdings Inc. will put up 7.05 earnings per share for the present fiscal yr.
Hilton Worldwide Pronounces Dividend
The enterprise additionally just lately disclosed a quarterly dividend, which might be paid on Friday, September twenty seventh. Shareholders of file on Friday, August twenty third might be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, August twenty third. This represents a $0.60 dividend on an annualized foundation and a yield of 0.28%. Hilton Worldwide’s payout ratio is presently 13.04%.
Wall Avenue Analysts Forecast Progress
A number of equities analysis analysts just lately issued reviews on the inventory. Financial institution of America raised their value goal on shares of Hilton Worldwide from $225.00 to $230.00 and gave the inventory a “purchase” score in a analysis report on Monday, July twenty second. Barclays lower their value goal on shares of Hilton Worldwide from $228.00 to $224.00 and set an “obese” score for the corporate in a analysis report on Thursday, August eighth. JPMorgan Chase & Co. elevated their goal value on shares of Hilton Worldwide from $200.00 to $216.00 and gave the inventory a “impartial” score in a analysis be aware on Friday, July nineteenth. Susquehanna began protection on shares of Hilton Worldwide in a analysis be aware on Friday, June twenty first. They set a “impartial” score and a $215.00 goal value for the corporate. Lastly, Robert W. Baird lowered their goal value on shares of Hilton Worldwide from $216.00 to $215.00 and set an “outperform” score for the corporate in a analysis be aware on Thursday, August eighth. Ten analysis analysts have rated the inventory with a maintain score and 9 have assigned a purchase score to the inventory. Primarily based on information from MarketBeat, Hilton Worldwide has a consensus score of “Maintain” and a consensus value goal of $212.22.
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Hilton Worldwide Firm Profile
Hilton Worldwide Holdings Inc, a hospitality firm, engages in managing, franchising, proudly owning, and leasing motels and resorts. It operates by way of two segments, Administration and Franchise, and Possession. The corporate engages within the lodge administration and licensing of its manufacturers. It operates luxurious motels below the Waldorf Astoria Inns & Resorts, LXR Inns & Resorts, and Conrad Inns & Resorts model; way of life motels below the Cover by Hilton, Curio Assortment by Hilton, Tapestry Assortment by Hilton, Tempo by Hilton, and Motto by Hilton model; full service motels below the Signia by Hilton, Hilton Inns & Resorts, and DoubleTree by Hilton model; service motels below the Hilton Backyard Inn, Hampton by Hilton, and Tru by Hilton model; all-suite motels below the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton model; and economic system lodge below the Spark by Hilton model, in addition to Hilton Grand Holidays.
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