Larson Financial Group LLC Sells 259 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Larson Financial Group LLC lowered its position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,874 shares of the company’s stock after selling 259 shares during the period. Larson Financial Group LLC’s holdings in Hilton Worldwide were worth $1,980,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Savoir Faire Capital Management L.P. bought a new stake in shares of Hilton Worldwide during the third quarter valued at approximately $4,270,000. International Assets Investment Management LLC increased its position in shares of Hilton Worldwide by 19,454.9% during the fourth quarter. International Assets Investment Management LLC now owns 296,453 shares of the company’s stock valued at $53,981,000 after acquiring an additional 294,937 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Hilton Worldwide by 6.3% during the fourth quarter. Nordea Investment Management AB now owns 1,674,212 shares of the company’s stock valued at $305,159,000 after acquiring an additional 98,790 shares in the last quarter. Prime Capital Investment Advisors LLC grew its position in Hilton Worldwide by 4.4% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 16,370 shares of the company’s stock worth $2,981,000 after purchasing an additional 694 shares during the period. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in Hilton Worldwide in the 3rd quarter worth approximately $1,276,000. Institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock traded up $1.61 on Tuesday, reaching $196.75. The company had a trading volume of 657,019 shares, compared to its average volume of 1,454,372. The firm has a market cap of $49.45 billion, a price-to-earnings ratio of 45.07, a P/E/G ratio of 1.72 and a beta of 1.25. The firm’s 50-day moving average price is $205.17 and its two-hundred day moving average price is $183.85. Hilton Worldwide Holdings Inc. has a 1 year low of $134.43 and a 1 year high of $215.79.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, February 7th. The company reported $1.68 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.11. The firm had revenue of $2.61 billion during the quarter, compared to analysts’ expectations of $2.61 billion. Hilton Worldwide had a negative return on equity of 94.46% and a net margin of 11.15%. The company’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.59 EPS. As a group, analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.06 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, February 23rd were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.30%. The ex-dividend date was Thursday, February 22nd. Hilton Worldwide’s dividend payout ratio (DPR) is 13.86%.

Analyst Ratings Changes

HLT has been the subject of a number of recent research reports. Jefferies Financial Group boosted their price objective on shares of Hilton Worldwide from $157.00 to $182.00 and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Bank of America boosted their price objective on shares of Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, March 15th. HSBC boosted their price objective on shares of Hilton Worldwide from $219.00 to $254.00 and gave the company a “buy” rating in a research report on Wednesday, April 3rd. Robert W. Baird boosted their price objective on shares of Hilton Worldwide from $210.00 to $212.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. Finally, UBS Group lifted their target price on shares of Hilton Worldwide from $190.00 to $237.00 and gave the company a “buy” rating in a research note on Wednesday, February 28th. Eight investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $201.78.

Insider Buying and Selling

In related news, insider Christopher J. Nassetta sold 21,489 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the completion of the sale, the insider now directly owns 2,536,478 shares of the company’s stock, valued at approximately $496,338,015.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is owned by corporate insiders.

Hilton Worldwide Profile

Hilton Worldwide Holdings Inc, a hospitality company, engages in managing, franchising, owning, and leasing 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 luxury hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, and Conrad Hotels & Resorts brand; lifestyle hotels under the Canopy by Hilton, Curio Collection by Hilton, Tapestry Collection by Hilton, Tempo by Hilton, and Motto by Hilton brand; full service hotels under the Signia by Hilton, Hilton Hotels & Resorts, and DoubleTree by Hilton brand; service hotels under the Hilton Garden Inn, Hampton by Hilton, and Tru by Hilton brand; all-suite hotels under the Embassy Suites by Hilton, Homewood Suites by Hilton, and Home2 Suites by Hilton brand; and economy hotel under the Spark by Hilton brand, as well as Hilton Grand Vacations.