GSA Capital Partners LLP boosted its holdings in Hilton Worldwide Holdings Inc (NYSE:HLT) by 141.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151,417 shares of the company’s stock after acquiring an additional 88,633 shares during the quarter. Hilton Worldwide accounts for approximately 0.7% of GSA Capital Partners LLP’s holdings, making the stock its 2nd largest position. GSA Capital Partners LLP’s holdings in Hilton Worldwide were worth $10,516,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HLT. Municipal Employees Retirement System of Michigan bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at $414,000. Retirement Systems of Alabama bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at $6,145,000. Cigna Investments Inc. New bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at $469,000. Schwab Charles Investment Management Inc. lifted its holdings in shares of Hilton Worldwide by 131.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 743,199 shares of the company’s stock valued at $45,967,000 after buying an additional 421,910 shares during the period. Finally, Arizona State Retirement System bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at $3,142,000. 99.20% of the stock is currently owned by institutional investors and hedge funds.

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

Several equities analysts have recently weighed in on the company. Telsey Advisory Group increased their price target on Hilton Worldwide from $67.00 to $71.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Royal Bank of Canada reissued a “buy” rating and set a $70.00 price target on shares of Hilton Worldwide in a report on Friday, October 27th. Robert W. Baird reissued a “buy” rating and set a $78.00 price target on shares of Hilton Worldwide in a report on Friday, October 27th. FBR & Co cut Hilton Worldwide from a “buy” rating to a “neutral” rating and set a $73.00 price target on the stock. in a report on Friday, October 27th. They noted that the move was a valuation call. Finally, Zacks Investment Research raised Hilton Worldwide from a “hold” rating to a “buy” rating and set a $77.00 price target on the stock in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and thirteen have assigned a buy rating to the company. Hilton Worldwide presently has an average rating of “Buy” and a consensus price target of $72.47.

Shares of Hilton Worldwide Holdings Inc (NYSE:HLT) opened at $76.75 on Thursday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 4.53. The company has a market capitalization of $24,636.26, a price-to-earnings ratio of 35.65, a PEG ratio of 8.09 and a beta of 1.33. Hilton Worldwide Holdings Inc has a 12 month low of $53.97 and a 12 month high of $78.62.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.50 by $0.06. The firm had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.28 billion. Hilton Worldwide had a return on equity of 27.32% and a net margin of 0.33%. Hilton Worldwide’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.41 EPS. research analysts anticipate that Hilton Worldwide Holdings Inc will post 1.9 earnings per share for the current fiscal year.

Hilton Worldwide declared that its board has approved a stock repurchase plan on Thursday, November 16th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, November 17th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 16th. This represents a $0.60 dividend on an annualized basis and a yield of 0.78%. Hilton Worldwide’s payout ratio is presently 545.45%.

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Hilton Worldwide 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 (NYSE:HLT)

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