Voya Investment Management LLC increased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 85.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 126,086 shares of the company’s stock after purchasing an additional 57,975 shares during the quarter. Voya Investment Management LLC’s holdings in Hilton Worldwide Holdings were worth $7,798,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marshall Wace North America L.P. purchased a new position in shares of Hilton Worldwide Holdings in the 2nd quarter valued at approximately $2,405,000. Schwab Charles Investment Management Inc. lifted its stake in shares of Hilton Worldwide Holdings by 131.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 743,199 shares of the company’s stock valued at $45,967,000 after purchasing an additional 421,910 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Hilton Worldwide Holdings by 10.6% in the 2nd quarter. Principal Financial Group Inc. now owns 3,443,710 shares of the company’s stock valued at $212,994,000 after purchasing an additional 329,412 shares during the period. Alliancebernstein L.P. lifted its stake in shares of Hilton Worldwide Holdings by 540.5% in the 2nd quarter. Alliancebernstein L.P. now owns 1,027,871 shares of the company’s stock valued at $63,574,000 after purchasing an additional 867,400 shares during the period. Finally, Andra AP fonden lifted its stake in shares of Hilton Worldwide Holdings by 436.2% in the 2nd quarter. Andra AP fonden now owns 21,800 shares of the company’s stock valued at $1,348,000 after purchasing an additional 17,734 shares during the period. Institutional investors own 99.29% of the company’s stock.

Shares of Hilton Worldwide Holdings Inc. (NYSE HLT) opened at 69.48 on Monday. The company has a market cap of $22.53 billion, a price-to-earnings ratio of 579.00 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a one year low of $45.32 and a one year high of $69.74. The company has a 50 day moving average price of $66.04 and a 200 day moving average price of $62.90.

Hilton Worldwide Holdings (NYSE:HLT) last issued its earnings results on Wednesday, July 26th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.02. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.31 billion. Hilton Worldwide Holdings had a return on equity of 19.65% and a net margin of 0.39%. The firm’s quarterly revenue was up 20.3% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS. Equities analysts predict that Hilton Worldwide Holdings Inc. will post $1.83 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, August 18th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, August 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.86%. Hilton Worldwide Holdings’s payout ratio is currently 461.33%.

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A number of research analysts have recently commented on the company. Zacks Investment Research upgraded Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $69.00 target price for the company in a research note on Tuesday, July 11th. UBS AG lifted their price objective on Hilton Worldwide Holdings from $64.00 to $74.00 and gave the company a “buy” rating in a research note on Tuesday, June 13th. TheStreet cut Hilton Worldwide Holdings from a “b” rating to a “c+” rating in a research note on Friday, June 30th. BidaskClub upgraded Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Telsey Advisory Group lifted their price objective on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a research note on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $71.31.

In other Hilton Worldwide Holdings news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of Hilton Worldwide Holdings stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.50% of the company’s stock.

Hilton Worldwide Holdings Profile

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.

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

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