Hilton Worldwide Holdings Inc. (HLT) Shares Bought by WINTON GROUP Ltd
WINTON GROUP Ltd raised its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 606.7% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 241,390 shares of the company’s stock after acquiring an additional 207,231 shares during the quarter. WINTON GROUP Ltd owned approximately 0.07% of Hilton Worldwide Holdings worth $14,930,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also made changes to their positions in the company. QS Investors LLC grew its position in Hilton Worldwide Holdings by 749.6% in the 2nd quarter. QS Investors LLC now owns 2,362 shares of the company’s stock valued at $146,000 after acquiring an additional 2,084 shares during the last quarter. Commonwealth Bank of Australia grew its position in Hilton Worldwide Holdings by 255.9% in the 2nd quarter. Commonwealth Bank of Australia now owns 3,022 shares of the company’s stock valued at $185,000 after acquiring an additional 2,173 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in Hilton Worldwide Holdings in the 2nd quarter valued at $219,000. Creative Planning grew its position in Hilton Worldwide Holdings by 51.7% in the 2nd quarter. Creative Planning now owns 3,723 shares of the company’s stock valued at $230,000 after acquiring an additional 1,269 shares during the last quarter. Finally, Fiduciary Trust Co. bought a new position in Hilton Worldwide Holdings in the 2nd quarter valued at $247,000. 99.29% of the stock is currently owned by institutional investors.
HLT has been the topic of several research analyst reports. BidaskClub downgraded Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Friday, June 23rd. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $70.00 price objective (up previously from $67.00) on shares of Hilton Worldwide Holdings in a research report on Wednesday, June 28th. Zacks Investment Research downgraded Hilton Worldwide Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 4th. TheStreet downgraded Hilton Worldwide Holdings from a “b” rating to a “c+” rating in a research report on Friday, June 30th. Finally, Telsey Advisory Group upped their price objective on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a research report on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company. Hilton Worldwide Holdings has an average rating of “Buy” and an average price target of $71.31.
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In related news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the business’s stock in a transaction on 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.50% of the company’s stock.
Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) traded up 1.11% during midday trading on Friday, hitting $71.16. The company had a trading volume of 2,326,229 shares. Hilton Worldwide Holdings Inc. has a 12 month low of $44.73 and a 12 month high of $71.38. The company has a 50-day moving average of $67.16 and a 200 day moving average of $63.34. The firm has a market capitalization of $23.07 billion, a PE ratio of 593.00 and a beta of 1.30.
Hilton Worldwide Holdings (NYSE:HLT) last released its earnings results on Wednesday, July 26th. The company reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.02. Hilton Worldwide Holdings had a return on equity of 19.65% and a net margin of 0.39%. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same period in the previous year, the firm posted $0.25 EPS. Hilton Worldwide Holdings’s revenue for the quarter was up 20.3% on a year-over-year basis. On average, analysts expect that Hilton Worldwide Holdings Inc. will post $1.84 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 29th. Investors 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 annualized dividend and a yield of 0.84%. Hilton Worldwide Holdings’s payout ratio is 461.33%.
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.
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