Mizuho Securities USA LLC Acquires 7,126 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Mizuho Securities USA LLC boosted its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 44.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,105 shares of the company’s stock after buying an additional 7,126 shares during the period. Mizuho Securities USA LLC’s holdings in Hilton Worldwide were worth $5,711,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. FMR LLC raised its holdings in shares of Hilton Worldwide by 2.1% during the third quarter. FMR LLC now owns 11,215,391 shares of the company’s stock worth $2,585,148,000 after acquiring an additional 226,223 shares during the period. Principal Financial Group Inc. grew its stake in shares of Hilton Worldwide by 15.3% during the 3rd quarter. Principal Financial Group Inc. now owns 10,756,416 shares of the company’s stock worth $2,479,354,000 after acquiring an additional 1,429,537 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Hilton Worldwide by 3.1% in the third quarter. Franklin Resources Inc. now owns 4,090,950 shares of the company’s stock worth $1,012,069,000 after purchasing an additional 121,900 shares in the last quarter. Jennison Associates LLC grew its position in Hilton Worldwide by 5.1% in the fourth quarter. Jennison Associates LLC now owns 3,399,270 shares of the company’s stock valued at $840,164,000 after purchasing an additional 164,461 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Hilton Worldwide by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,597,137 shares of the company’s stock valued at $394,748,000 after buying an additional 39,786 shares during the last quarter. Institutional investors own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HLT shares. The Goldman Sachs Group raised their price objective on Hilton Worldwide from $247.00 to $277.00 and gave the company a “buy” rating in a report on Tuesday, December 10th. Jefferies Financial Group boosted their price target on Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Wells Fargo & Company raised their target price on shares of Hilton Worldwide from $232.00 to $240.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 4th. Morgan Stanley upped their price target on shares of Hilton Worldwide from $265.00 to $274.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Hilton Worldwide from $219.00 to $226.00 and gave the company a “neutral” rating in a research report on Friday, December 13th. Eleven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $254.53.

Hilton Worldwide Stock Performance

HLT opened at $228.78 on Friday. The stock has a fifty day moving average of $252.22 and a 200-day moving average of $244.28. The company has a market capitalization of $55.04 billion, a P/E ratio of 37.20, a P/E/G ratio of 2.86 and a beta of 1.29. Hilton Worldwide Holdings Inc. has a fifty-two week low of $193.86 and a fifty-two week high of $275.22.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Thursday, February 6th. The company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a negative return on equity of 54.47% and a net margin of 13.74%. On average, equities research analysts predict that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, February 21st will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date of this dividend is Friday, February 21st. Hilton Worldwide’s dividend payout ratio is currently 9.76%.

Insider Activity at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $268.83, for a total value of $10,928,745.99. Following the transaction, the insider now owns 77,383 shares in the company, valued at $20,802,871.89. The trade was a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.50% of the stock is currently owned by company 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.