Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC reduced its holdings in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 12.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,911 shares of the company’s stock after selling 1,528 shares during the quarter. Metis Global Partners LLC’s holdings in Hilton Worldwide were worth $1,987,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in HLT. Deutsche Bank AG boosted its stake in Hilton Worldwide by 181.1% in the third quarter. Deutsche Bank AG now owns 2,607,803 shares of the company’s stock valued at $391,640,000 after acquiring an additional 1,680,156 shares in the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Hilton Worldwide in the 4th quarter valued at about $64,221,000. International Assets Investment Management LLC grew its stake in Hilton Worldwide by 19,454.9% during the 4th quarter. International Assets Investment Management LLC now owns 296,453 shares of the company’s stock worth $53,981,000 after buying an additional 294,937 shares during the last quarter. Darsana Capital Partners LP increased its position in Hilton Worldwide by 14.3% during the third quarter. Darsana Capital Partners LP now owns 2,000,000 shares of the company’s stock worth $300,360,000 after buying an additional 250,000 shares during the period. Finally, Barclays PLC lifted its stake in Hilton Worldwide by 44.4% in the third quarter. Barclays PLC now owns 762,082 shares of the company’s stock valued at $114,447,000 after buying an additional 234,365 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on HLT shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Hilton Worldwide from $176.00 to $185.00 and gave the company a “hold” rating in a report on Thursday, April 25th. Bank of America upped their target price on shares of Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a report on Friday, March 15th. Macquarie restated a “neutral” rating and issued a $192.00 price target on shares of Hilton Worldwide in a research report on Wednesday, April 24th. BMO Capital Markets increased their price objective on Hilton Worldwide from $203.00 to $215.00 and gave the stock a “market perform” rating in a research report on Wednesday, March 20th. Finally, HSBC lifted their target price on Hilton Worldwide from $219.00 to $254.00 and gave the company a “buy” rating in a research note on Wednesday, April 3rd. Nine research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hilton Worldwide has a consensus rating of “Moderate Buy” and an average target price of $207.59.

Hilton Worldwide Stock Down 0.2 %

Shares of HLT opened at $199.71 on Wednesday. The company has a market capitalization of $49.94 billion, a PE ratio of 43.42, a P/E/G ratio of 1.73 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 52-week low of $134.43 and a 52-week high of $215.79. The company has a 50-day simple moving average of $205.49 and a 200-day simple moving average of $187.59.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, April 24th. The company reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. The company had revenue of $2.57 billion during the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The company’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same period last year, the firm earned $1.24 EPS. On average, research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.08 EPS for the current year.

Hilton Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 17th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, May 16th. Hilton Worldwide’s dividend payout ratio (DPR) is 13.04%.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 21,489 shares of the stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $195.68, for a total value of $4,204,967.52. Following 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 SEC, which is available through this hyperlink. Corporate insiders own 2.50% of the company’s stock.

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.