Hilton Worldwide Holdings Inc. (NYSE:HLT) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP cut its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 62.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,296 shares of the company’s stock after selling 5,567 shares during the quarter. Aigen Investment Management LP’s holdings in Hilton Worldwide were worth $600,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. EdgeRock Capital LLC acquired a new stake in shares of Hilton Worldwide in the 4th quarter worth approximately $25,000. Activest Wealth Management purchased a new position in Hilton Worldwide during the 4th quarter valued at about $26,000. McGlone Suttner Wealth Management Inc. acquired a new position in Hilton Worldwide during the fourth quarter worth about $37,000. Anchor Investment Management LLC purchased a new stake in shares of Hilton Worldwide in the fourth quarter valued at about $46,000. Finally, Blue Trust Inc. grew its position in shares of Hilton Worldwide by 142.5% in the fourth quarter. Blue Trust Inc. now owns 257 shares of the company’s stock valued at $47,000 after purchasing an additional 151 shares during the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Hilton Worldwide Stock Performance

NYSE HLT opened at $204.45 on Thursday. Hilton Worldwide Holdings Inc. has a one year low of $134.43 and a one year high of $215.79. The company’s 50 day moving average price is $205.50 and its 200 day moving average price is $191.48. The firm has a market capitalization of $51.12 billion, a price-to-earnings ratio of 44.45, a PEG ratio of 1.80 and a beta of 1.26.

Hilton Worldwide (NYSE:HLT) last issued its earnings results on Wednesday, April 24th. The company reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. Hilton Worldwide had a net margin of 11.41% and a negative return on equity of 81.29%. The business had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same quarter last year, the firm posted $1.24 EPS. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7.09 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, May 17th will be paid a $0.15 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.29%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 13.04%.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of recent research reports. Bank of America upped their target price on Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research note on Friday, March 15th. Deutsche Bank Aktiengesellschaft lifted their price objective on Hilton Worldwide from $176.00 to $185.00 and gave the stock a “hold” rating in a research report on Thursday, April 25th. Evercore ISI upped their target price on shares of Hilton Worldwide from $200.00 to $210.00 and gave the company an “in-line” rating in a report on Wednesday, March 20th. TD Cowen raised their price target on shares of Hilton Worldwide from $215.00 to $230.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 20th. Finally, Barclays boosted their price objective on shares of Hilton Worldwide from $216.00 to $219.00 and gave the company an “overweight” rating in a research report on Thursday, April 25th. Nine research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Moderate Buy” and a consensus target price of $207.59.

Hilton Worldwide Company 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.