British Columbia Investment Management Corp decreased its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 19.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 374,337 shares of the company’s stock after selling 90,237 shares during the period. British Columbia Investment Management Corp’s holdings in Hilton Worldwide Holdings were worth $8,584,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Macquarie Group Ltd. boosted its stake in shares of Hilton Worldwide Holdings by 4.6% in the second quarter. Macquarie Group Ltd. now owns 196,500 shares of the company’s stock worth $4,427,000 after buying an additional 8,600 shares during the period. Cohen & Steers Inc. boosted its stake in shares of Hilton Worldwide Holdings by 198,247.5% in the second quarter. Cohen & Steers Inc. now owns 14,915,734 shares of the company’s stock worth $336,051,000 after buying an additional 14,908,214 shares during the period. Calvert Investment Management Inc. boosted its stake in shares of Hilton Worldwide Holdings by 12.2% in the second quarter. Calvert Investment Management Inc. now owns 33,189 shares of the company’s stock worth $748,000 after buying an additional 3,602 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in shares of Hilton Worldwide Holdings by 3.0% in the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 141,107 shares of the company’s stock worth $3,179,000 after buying an additional 4,118 shares during the period. Finally, Stifel Financial Corp acquired a new stake in shares of Hilton Worldwide Holdings during the second quarter worth $215,000.

Institutional Ownership by Quarter for Hilton Worldwide Holdings (NYSE:HLT)

Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) traded up 0.7400% during mid-day trading on Tuesday, hitting $24.9936. 6,068,077 shares of the stock were exchanged. The stock’s 50-day moving average price is $23.35 and its 200-day moving average price is $22.97. Hilton Worldwide Holdings Inc. has a 52-week low of $16.16 and a 52-week high of $25.45. The company has a market cap of $24.74 billion, a P/E ratio of 16.0318 and a beta of 1.24.

Hilton Worldwide Holdings (NYSE:HLT) last released its earnings results on Wednesday, October 26th. The company reported $0.23 earnings per share for the quarter, hitting the consensus estimate of $0.23. The company had revenue of $2.94 billion for the quarter, compared to the consensus estimate of $3 billion. Hilton Worldwide Holdings had a net margin of 13.35% and a return on equity of 13.84%. Hilton Worldwide Holdings’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. Equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post $0.87 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 10th will be given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.13%. The ex-dividend date is Tuesday, November 8th. Hilton Worldwide Holdings’s dividend payout ratio is presently 17.95%.

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A number of equities research analysts have weighed in on the stock. TheStreet cut shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, September 28th. Evercore ISI downgraded shares of Hilton Worldwide Holdings from a “buy” rating to a “hold” rating and set a $25.00 target price on the stock. in a research note on Monday. Sanford C. Bernstein initiated coverage on shares of Hilton Worldwide Holdings in a research note on Thursday, September 8th. They issued a “market perform” rating and a $26.00 target price on the stock. Citigroup Inc. upped their target price on shares of Hilton Worldwide Holdings from $25.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, August 5th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $24.00 target price (down previously from $25.00) on shares of Hilton Worldwide Holdings in a research note on Tuesday, November 15th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eleven have issued a buy rating to the stock. Hilton Worldwide Holdings presently has a consensus rating of “Hold” and a consensus target price of $25.41.

About Hilton Worldwide Holdings

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing, developing and franchising hotels, resorts and timeshare properties. It operates through three segments: management and franchise, ownership and timeshare. It has approximately 4,610 hotels, resorts and timeshare properties comprising over 758,502 rooms in approximately 100 countries and territories.

5 Day Chart for NYSE:HLT

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