Arkadios Wealth Advisors lowered its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 25.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 918 shares of the company’s stock after selling 310 shares during the period. Arkadios Wealth Advisors’ holdings in Hilton Worldwide were worth $82,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Prime Capital Investment Advisors LLC boosted its stake in shares of Hilton Worldwide by 110.2% during the third quarter. Prime Capital Investment Advisors LLC now owns 330 shares of the company’s stock valued at $28,000 after purchasing an additional 173 shares in the last quarter. Freestone Capital Holdings LLC bought a new position in Hilton Worldwide in the 3rd quarter valued at approximately $32,000. CX Institutional raised its holdings in Hilton Worldwide by 49.3% in the 3rd quarter. CX Institutional now owns 412 shares of the company’s stock valued at $35,000 after buying an additional 136 shares during the last quarter. Harbor Investment Advisory LLC acquired a new stake in Hilton Worldwide during the 3rd quarter worth approximately $43,000. Finally, Captrust Financial Advisors bought a new stake in Hilton Worldwide during the 2nd quarter worth approximately $40,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

In related news, insider Christopher W. Silcock sold 42,447 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $90.47, for a total transaction of $3,840,180.09. Following the transaction, the insider now directly owns 45,682 shares in the company, valued at $4,132,850.54. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Martin Rinck sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $88.80, for a total transaction of $177,600.00. Following the sale, the insider now owns 4,769 shares of the company’s stock, valued at approximately $423,487.20. The disclosure for this sale can be found here. Corporate insiders own 1.80% of the company’s stock.

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group raised shares of Hilton Worldwide from a “hold” rating to a “buy” rating and raised their price target for the company from $72.00 to $101.00 in a research note on Friday, August 14th. BMO Capital Markets raised their target price on Hilton Worldwide from $89.00 to $92.00 and gave the stock a “market perform” rating in a research report on Thursday, November 5th. Morgan Stanley upped their price target on Hilton Worldwide from $81.00 to $88.00 and gave the company an “equal weight” rating in a research report on Thursday, November 5th. Raymond James raised their price objective on Hilton Worldwide from $92.00 to $105.00 and gave the stock an “outperform” rating in a research report on Thursday, November 5th. Finally, Argus raised Hilton Worldwide from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research note on Wednesday, November 11th. Nine research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $95.50.

Shares of NYSE:HLT opened at $101.76 on Friday. Hilton Worldwide Holdings Inc. has a twelve month low of $44.30 and a twelve month high of $116.73. The stock’s 50 day moving average is $93.24 and its 200-day moving average is $83.89. The firm has a market capitalization of $28.23 billion, a price-to-earnings ratio of -87.72, a PEG ratio of 49.41 and a beta of 1.32.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.10. The firm had revenue of $933.00 million for the quarter, compared to the consensus estimate of $966.30 million. Hilton Worldwide had a negative net margin of 5.46% and a negative return on equity of 38.13%. The business’s revenue was down 61.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.05 earnings per share. As a group, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 0.19 EPS for the current year.

Hilton Worldwide 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. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Signia by Hilton, Hilton Hotels & Resorts, Curio Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Motto by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Hilton Grand Vacations, and Tempo by Hilton brands.

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

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