8,030 Shares in Hilton Worldwide Holdings Inc. (NYSE:HLT) Purchased by Ontario Teachers Pension Plan Board

Ontario Teachers Pension Plan Board acquired a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 8,030 shares of the company’s stock, valued at approximately $1,713,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Independence Bank of Kentucky increased its position in shares of Hilton Worldwide by 66.7% during the first quarter. Independence Bank of Kentucky now owns 125 shares of the company’s stock worth $27,000 after acquiring an additional 50 shares during the period. Eaton Financial Holdings Company LLC increased its holdings in Hilton Worldwide by 0.9% during the fourth quarter. Eaton Financial Holdings Company LLC now owns 5,932 shares of the company’s stock valued at $1,080,000 after buying an additional 52 shares during the period. Raleigh Capital Management Inc. increased its holdings in Hilton Worldwide by 48.7% during the fourth quarter. Raleigh Capital Management Inc. now owns 171 shares of the company’s stock valued at $31,000 after buying an additional 56 shares during the period. Checchi Capital Advisers LLC increased its holdings in Hilton Worldwide by 1.9% during the fourth quarter. Checchi Capital Advisers LLC now owns 3,095 shares of the company’s stock valued at $564,000 after buying an additional 58 shares during the period. Finally, Dorsey & Whitney Trust CO LLC increased its holdings in Hilton Worldwide by 2.4% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 2,681 shares of the company’s stock valued at $488,000 after buying an additional 63 shares during the period. 95.90% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Hilton Worldwide news, Director Melanie Healey purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The stock was purchased at an average price of $199.65 per share, for a total transaction of $399,300.00. Following the purchase, the director now directly owns 14,938 shares in the company, valued at $2,982,371.70. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.50% of the stock is owned by company insiders.

Analyst Ratings Changes

HLT has been the subject of several recent analyst reports. Mizuho lowered their target price on shares of Hilton Worldwide from $245.00 to $242.00 and set a “buy” rating for the company in a research note on Tuesday, April 23rd. Barclays raised their target price on shares of Hilton Worldwide from $219.00 to $228.00 and gave the company an “overweight” rating in a research note on Wednesday, July 17th. Robert W. Baird lifted their price objective on shares of Hilton Worldwide from $212.00 to $215.00 and gave the stock an “outperform” rating in a research note on Thursday, April 25th. Macquarie restated a “neutral” rating and set a $192.00 target price on shares of Hilton Worldwide in a research report on Wednesday, April 24th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hilton Worldwide from $176.00 to $185.00 and gave the company a “hold” rating in a research report on Thursday, April 25th. Eleven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $209.16.

Hilton Worldwide Trading Down 0.0 %

HLT traded down $0.06 during trading hours on Tuesday, hitting $220.09. 126,493 shares of the company’s stock were exchanged, compared to its average volume of 1,551,079. Hilton Worldwide Holdings Inc. has a 12-month low of $146.00 and a 12-month high of $229.03. The firm has a 50 day moving average of $210.72 and a 200 day moving average of $203.55. The firm has a market cap of $55.03 billion, a P/E ratio of 47.86, a price-to-earnings-growth ratio of 1.92 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings data 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 company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. During the same period in the prior year, the firm posted $1.24 EPS. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. As a group, research analysts expect that Hilton Worldwide Holdings Inc. will post 7.07 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Friday, May 17th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date was Thursday, May 16th. Hilton Worldwide’s dividend payout ratio is currently 13.04%.

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.