1,395 Shares in Hilton Worldwide Holdings Inc. $HLT Purchased by Terril Brothers Inc.

Terril Brothers Inc. acquired a new stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm acquired 1,395 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Frazier Financial Advisors LLC acquired a new stake in shares of Hilton Worldwide in the 2nd quarter valued at $25,000. IMG Wealth Management Inc. bought a new position in shares of Hilton Worldwide in the 2nd quarter valued at $26,000. Trust Co. of Vermont acquired a new position in shares of Hilton Worldwide during the 2nd quarter worth $26,000. Elevation Wealth Partners LLC raised its holdings in shares of Hilton Worldwide by 1,128.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock worth $28,000 after buying an additional 79 shares in the last quarter. Finally, Wilkerson Advisory Group LLC raised its holdings in shares of Hilton Worldwide by 163.2% during the 1st quarter. Wilkerson Advisory Group LLC now owns 100 shares of the company’s stock worth $30,000 after buying an additional 62 shares in the last quarter. 95.90% of the stock is currently owned by institutional investors.

Latest Hilton Worldwide News

These are some of the HLT news items that stood out recently:

  • Neutral Sentiment: Hilton announced a quarterly dividend of $0.15 per share, equivalent to $0.60 annually and a yield of about 0.2%; the modest payout is unlikely to be a major stock catalyst. Hilton dividend and insider transaction report
  • Negative Sentiment: Insider Christopher Silcock sold 15,638 shares for about $5.8 million, reducing his holdings by 15.05%. Insider sales can unsettle investors, although the filing does not explain the reason for the transaction. Insider share sale report
  • Negative Sentiment: The reported analyst consensus price target of $365.08 is below HLT’s recent trading level, which may signal limited upside in analysts’ aggregate view. Analyst consensus price target report

Wall Street Analysts Forecast Growth

HLT has been the topic of several research analyst reports. Barclays reduced their price objective on Hilton Worldwide from $384.00 to $375.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 28th. Morgan Stanley reissued an “overweight” rating on shares of Hilton Worldwide in a research note on Monday. Citigroup boosted their target price on Hilton Worldwide from $335.00 to $400.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 3rd. Truist Financial increased their target price on shares of Hilton Worldwide from $312.00 to $316.00 and gave the stock a “hold” rating in a report on Thursday, September 10th. Finally, Deutsche Bank upgraded shares of Hilton Worldwide from a “hold” rating to a “buy” rating and set a $365.00 price target on the stock in a research note on Wednesday, August 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.08.

Get Our Latest Stock Report on HLT

Insider Transactions at Hilton Worldwide

In related news, insider Laura Fuentes sold 7,289 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $309.81, for a total value of $2,258,205.09. Following the completion of the transaction, the insider owned 33,458 shares in the company, valued at $10,365,622.98. This trade represents a 17.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Chris Carr sold 439 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $310.34, for a total transaction of $136,239.26. Following the completion of the transaction, the director owned 8,252 shares of the company’s stock, valued at approximately $2,560,925.68. This trade represents a 5.05% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 174,416 shares of company stock valued at $61,985,662. Company insiders own 2.70% of the company’s stock.

Hilton Worldwide Stock Performance

Shares of NYSE:HLT opened at $372.73 on Friday. Hilton Worldwide Holdings Inc. has a 52-week low of $263.95 and a 52-week high of $381.34. The company has a market capitalization of $82.93 billion, a PE ratio of 50.37, a price-to-earnings-growth ratio of 2.95 and a beta of 1.08. The company has a fifty day moving average of $333.84 and a 200-day moving average of $324.10.

Hilton Worldwide (NYSE:HLT – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.08. The company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $3.37 billion. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. Hilton Worldwide’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the business posted $2.11 EPS. On average, equities analysts forecast that Hilton Worldwide Holdings Inc. will post 9.17 EPS for the current fiscal year.

Hilton Worldwide Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 29th. Stockholders of record on Tuesday, December 1st will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Tuesday, December 1st. Hilton Worldwide’s dividend payout ratio (DPR) is presently 8.11%.

Hilton Worldwide Profile

(Free Report)

Hilton Worldwide Holdings Inc. is a global hospitality company that develops, manages, franchises and licenses hotels and resorts. Its portfolio serves a range of travelers, from luxury and leisure guests to business travelers and extended-stay customers. Hilton also operates a vacation ownership business through Hilton Grand Vacations under a long-term brand and licensing relationship. The company’s brands include Waldorf Astoria, Conrad, Hilton Hotels & Resorts, DoubleTree, Embassy Suites, Hilton Garden Inn, Hampton, Homewood Suites and Hilton Honors, its guest loyalty program.

See Also

Want to see what other hedge funds are holding HLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hilton Worldwide Holdings Inc. (NYSE:HLT – Free Report).

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

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