Commonwealth Equity Services LLC acquired a new stake in Hilton Hotels Co. Common Stock (NYSE:HLT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,406 shares of the company’s stock, valued at approximately $270,000.

A number of other institutional investors have also made changes to their positions in HLT. Dean Capital Investments Management LLC acquired a new position in Hilton Hotels Co. Common Stock in the first quarter valued at approximately $279,000. Commerzbank Aktiengesellschaft FI acquired a new position in Hilton Hotels Co. Common Stock in the first quarter valued at approximately $329,000. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Hilton Hotels Co. Common Stock by 2.2% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 567,565 shares of the company’s stock valued at $44,701,000 after buying an additional 11,975 shares during the period. Westpac Banking Corp lifted its holdings in Hilton Hotels Co. Common Stock by 15.2% in the first quarter. Westpac Banking Corp now owns 158,647 shares of the company’s stock valued at $12,495,000 after buying an additional 20,887 shares during the period. Finally, Advantus Capital Management Inc increased its stake in Hilton Hotels Co. Common Stock by 27.8% in the first quarter. Advantus Capital Management Inc now owns 272,505 shares of the company’s stock valued at $21,462,000 after purchasing an additional 59,200 shares in the last quarter. 97.64% of the stock is currently owned by institutional investors.

Shares of NYSE:HLT opened at $77.58 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 13.51. Hilton Hotels Co. Common Stock has a 52 week low of $62.53 and a 52 week high of $88.11. The company has a market capitalization of $23.19 billion, a price-to-earnings ratio of 38.79, a PEG ratio of 2.88 and a beta of 1.29.

Hilton Hotels Co. Common Stock (NYSE:HLT) last issued its quarterly earnings data on Wednesday, July 25th. The company reported $0.70 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.70. Hilton Hotels Co. Common Stock had a net margin of 15.53% and a return on equity of 50.91%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The firm’s revenue was up 10.4% compared to the same quarter last year. research analysts anticipate that Hilton Hotels Co. Common Stock will post 2.7 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, August 10th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, August 9th. Hilton Hotels Co. Common Stock’s dividend payout ratio is 30.00%.

Several equities research analysts have commented on HLT shares. Zacks Investment Research downgraded shares of Hilton Hotels Co. Common Stock from a “buy” rating to a “hold” rating in a research note on Monday, July 30th. Jefferies Financial Group started coverage on shares of Hilton Hotels Co. Common Stock in a research note on Thursday, May 31st. They issued a “hold” rating and a $91.00 target price for the company. Goldman Sachs Group downgraded shares of Hilton Hotels Co. Common Stock to a “buy” rating in a research note on Sunday, June 10th. Sanford C. Bernstein downgraded shares of Hilton Hotels Co. Common Stock from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 16th. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $95.00 target price on shares of Hilton Hotels Co. Common Stock in a research note on Tuesday, May 22nd. Nine research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $86.31.

Hilton Hotels Co. Common Stock Company Profile

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises hotels and resorts. It operates through two segments, Management and Franchise; and Ownership. The company engages in the hotel management and licensing of its brands to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, and Hilton Grand Vacations brands.

Further Reading: Calculate Your Return on Investment (ROI)

Institutional Ownership by Quarter for Hilton Hotels Co. Common Stock (NYSE:HLT)

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