Hilton Worldwide Holdings Inc. (NYSE:HLT) Position Increased by Aigen Investment Management LP

Aigen Investment Management LP boosted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 5.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,314 shares of the company’s stock after acquiring an additional 683 shares during the period. Hilton Worldwide comprises about 0.6% of Aigen Investment Management LP’s investment portfolio, making the stock its 18th biggest holding. Aigen Investment Management LP’s holdings in Hilton Worldwide were worth $3,299,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in HLT. Quadrature Capital Ltd acquired a new position in shares of Hilton Worldwide during the first quarter valued at $2,792,000. CANADA LIFE ASSURANCE Co raised its stake in shares of Hilton Worldwide by 3.5% during the first quarter. CANADA LIFE ASSURANCE Co now owns 137,675 shares of the company’s stock valued at $29,375,000 after purchasing an additional 4,677 shares in the last quarter. PGGM Investments grew its position in Hilton Worldwide by 337.6% in the 2nd quarter. PGGM Investments now owns 14,378 shares of the company’s stock valued at $3,137,000 after buying an additional 11,092 shares in the last quarter. UniSuper Management Pty Ltd lifted its stake in shares of Hilton Worldwide by 234.4% in the 1st quarter. UniSuper Management Pty Ltd now owns 7,986 shares of the company’s stock worth $1,703,000 after acquiring an additional 5,598 shares during the period. Finally, HBK Sorce Advisory LLC acquired a new position in shares of Hilton Worldwide during the first quarter valued at approximately $512,000. 95.90% of the stock is currently owned by institutional investors and hedge funds.

Hilton Worldwide Stock Down 0.3 %

HLT stock traded down $0.69 during midday trading on Tuesday, reaching $249.67. 84,306 shares of the company’s stock traded hands, compared to its average volume of 1,555,657. The company has a 50-day simple moving average of $230.71 and a two-hundred day simple moving average of $217.34. Hilton Worldwide Holdings Inc. has a 1-year low of $161.09 and a 1-year high of $252.35. The company has a market cap of $60.86 billion, a price-to-earnings ratio of 53.73, a PEG ratio of 3.11 and a beta of 1.30.

Hilton Worldwide (NYSE:HLT) last announced its earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.07. Hilton Worldwide had a negative return on equity of 60.85% and a net margin of 10.70%. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period last year, the company posted $1.67 earnings per share. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. Equities research analysts forecast that Hilton Worldwide Holdings Inc. will post 7 EPS for the current year.

Hilton Worldwide Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 15th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date is Friday, November 15th. Hilton Worldwide’s dividend payout ratio is currently 12.88%.

Insider Buying and Selling

In other Hilton Worldwide news, insider Michael W. Duffy sold 14,357 shares of the stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $235.73, for a total value of $3,384,375.61. Following the transaction, the insider now directly owns 22,833 shares in the company, valued at approximately $5,382,423.09. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Michael W. Duffy sold 14,357 shares of the firm’s stock in a transaction dated Thursday, October 24th. The shares were sold at an average price of $235.73, for a total value of $3,384,375.61. Following the transaction, the insider now owns 22,833 shares of the company’s stock, valued at approximately $5,382,423.09. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Laura Fuentes sold 4,919 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $217.00, for a total transaction of $1,067,423.00. Following the sale, the insider now directly owns 15,949 shares of the company’s stock, valued at approximately $3,460,933. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HLT has been the subject of several recent research reports. Truist Financial increased their price objective on Hilton Worldwide from $208.00 to $220.00 and gave the stock a “hold” rating in a report on Thursday, October 24th. The Goldman Sachs Group assumed coverage on Hilton Worldwide in a research note on Wednesday, September 18th. They set a “buy” rating and a $245.00 target price for the company. JPMorgan Chase & Co. lifted their price target on Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a research report on Friday, July 19th. Melius lowered Hilton Worldwide from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Finally, Bank of America raised their price objective on shares of Hilton Worldwide from $230.00 to $265.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $228.71.

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.