Schroder Investment Management Group Purchases 8,682 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Schroder Investment Management Group grew its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 4.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 221,494 shares of the company’s stock after buying an additional 8,682 shares during the period. Schroder Investment Management Group owned approximately 0.09% of Hilton Worldwide worth $54,975,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HLT. Noble Wealth Management PBC acquired a new position in Hilton Worldwide in the fourth quarter valued at about $27,000. VSM Wealth Advisory LLC bought a new position in shares of Hilton Worldwide during the 4th quarter valued at about $28,000. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Hilton Worldwide in the 4th quarter valued at approximately $34,000. Groupama Asset Managment increased its stake in Hilton Worldwide by 37.8% during the 3rd quarter. Groupama Asset Managment now owns 15,025 shares of the company’s stock worth $35,000 after purchasing an additional 4,118 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new stake in Hilton Worldwide during the 4th quarter worth approximately $36,000. Institutional investors own 95.90% of the company’s stock.

Insider Transactions at Hilton Worldwide

In related news, insider Christopher J. Nassetta sold 40,653 shares of the company’s stock in a transaction dated 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 directly owns 77,383 shares in the company, valued at approximately $20,802,871.89. This represents a 34.44 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HLT. Jefferies Financial Group increased their price objective on shares of Hilton Worldwide from $237.00 to $277.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Morgan Stanley lifted their price target on Hilton Worldwide from $265.00 to $274.00 and gave the company an “overweight” rating in a research note on Tuesday, March 4th. JPMorgan Chase & Co. upped their price objective on Hilton Worldwide from $219.00 to $226.00 and gave the stock a “neutral” rating in a research report on Friday, December 13th. Mizuho restated a “neutral” rating and issued a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Finally, Truist Financial decreased their price target on shares of Hilton Worldwide from $258.00 to $251.00 and set a “hold” rating for the company in a research note on Friday, March 21st. Eleven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $254.53.

Hilton Worldwide Stock Up 0.8 %

NYSE:HLT opened at $227.53 on Tuesday. Hilton Worldwide Holdings Inc. has a 12-month low of $193.86 and a 12-month high of $275.22. The firm has a market capitalization of $54.52 billion, a price-to-earnings ratio of 37.00, a P/E/G ratio of 2.86 and a beta of 1.29. The stock’s 50 day moving average price is $250.55 and its two-hundred day moving average price is $245.23.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Thursday, February 6th. The company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.67 by $0.09. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. Equities research analysts expect that Hilton Worldwide Holdings Inc. will post 7.89 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, February 21st were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 0.26%. Hilton Worldwide’s dividend payout ratio (DPR) is presently 9.76%.

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.