Aviva PLC boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,918 shares of the company’s stock after buying an additional 4,070 shares during the period. Aviva PLC’s holdings in Hilton Worldwide Holdings were worth $7,663,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Hilton Worldwide Holdings by 4.9% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 584,880 shares of the company’s stock valued at $36,175,000 after buying an additional 27,194 shares during the last quarter. Cadence Capital Management LLC boosted its stake in shares of Hilton Worldwide Holdings by 0.3% in the second quarter. Cadence Capital Management LLC now owns 5,649 shares of the company’s stock valued at $349,000 after buying an additional 19 shares during the last quarter. State Board of Administration of Florida Retirement System boosted its stake in shares of Hilton Worldwide Holdings by 2.7% in the second quarter. State Board of Administration of Florida Retirement System now owns 222,229 shares of the company’s stock valued at $13,745,000 after buying an additional 5,837 shares during the last quarter. Marshall Wace North America L.P. bought a new stake in shares of Hilton Worldwide Holdings during the second quarter valued at $2,405,000. Finally, Blair William & Co. IL boosted its stake in shares of Hilton Worldwide Holdings by 44.7% in the second quarter. Blair William & Co. IL now owns 233,431 shares of the company’s stock valued at $14,438,000 after buying an additional 72,089 shares during the last quarter. Hedge funds and other institutional investors own 99.27% of the company’s stock.

Shares of Hilton Worldwide Holdings Inc. (NYSE HLT) opened at 62.89 on Wednesday. The company’s 50-day moving average price is $62.28 and its 200-day moving average price is $61.05. Hilton Worldwide Holdings Inc. has a one year low of $45.32 and a one year high of $67.79. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of 524.08 and a beta of 1.29.

Hilton Worldwide Holdings (NYSE:HLT) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.50 by $0.02. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.31 billion. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The business’s quarterly revenue was up 20.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.25 earnings per share. On average, equities research analysts predict that Hilton Worldwide Holdings Inc. will post $1.84 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, August 18th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Wednesday, August 16th. Hilton Worldwide Holdings’s dividend payout ratio (DPR) is presently 461.33%.

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Several equities research analysts have recently weighed in on HLT shares. FBR & Co increased their price target on Hilton Worldwide Holdings from $65.00 to $67.00 and gave the company an “outperform” rating in a research note on Wednesday, May 3rd. Telsey Advisory Group increased their price target on Hilton Worldwide Holdings from $57.00 to $61.00 and gave the company a “market perform” rating in a research note on Wednesday, May 3rd. Deutsche Bank AG increased their price target on Hilton Worldwide Holdings from $65.00 to $68.00 and gave the company a “buy” rating in a research note on Wednesday, May 3rd. Zacks Investment Research raised Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research note on Friday, May 5th. Finally, Argus started coverage on Hilton Worldwide Holdings in a research note on Monday, June 5th. They issued a “buy” rating and a $80.00 price target for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $71.89.

About Hilton Worldwide Holdings

Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.

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

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