Terril Brothers Inc. Acquires New Holdings in Hilton Worldwide Holdings Inc. $HLT

Terril Brothers Inc. acquired a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,395 shares of the company’s stock, valued at approximately $434,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HLT. Frazier Financial Advisors LLC bought a new position in shares of Hilton Worldwide during the second quarter worth approximately $25,000. IMG Wealth Management Inc. bought a new stake in Hilton Worldwide in the 2nd quarter valued at $26,000. Trust Co. of Vermont bought a new stake in Hilton Worldwide in the 2nd quarter valued at $26,000. Elevation Wealth Partners LLC grew its holdings in Hilton Worldwide by 1,128.6% in the 2nd quarter. Elevation Wealth Partners LLC now owns 86 shares of the company’s stock valued at $28,000 after buying an additional 79 shares in the last quarter. Finally, Continuum Advisory LLC acquired a new position in Hilton Worldwide in the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 95.90% of the company’s stock.

Key Stories Impacting Hilton Worldwide

These are some of the HLT stories 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

Analyst Ratings Changes

HLT has been the topic of several recent research reports. Truist Financial increased their price objective on Hilton Worldwide from $312.00 to $316.00 and gave the stock a “hold” rating in a research report on Thursday, September 10th. Susquehanna boosted their target price on shares of Hilton Worldwide from $345.00 to $360.00 and gave the company a “neutral” rating in a research report on Wednesday, October 28th. Evercore raised shares of Hilton Worldwide from an “in-line” rating to an “outperform” rating in a research report on Tuesday, July 21st. Mizuho upgraded shares of Hilton Worldwide from a “neutral” rating to an “outperform” rating and upped their price target for the company from $329.00 to $421.00 in a research note on Thursday, October 29th. Finally, Weiss Ratings lowered shares of Hilton Worldwide from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, October 28th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $365.08.

Hilton Worldwide Trading Down 1.1%

Shares of HLT stock opened at $372.73 on Friday. The stock has a market cap of $82.93 billion, a P/E ratio of 50.37, a price-to-earnings-growth ratio of 2.95 and a beta of 1.08. Hilton Worldwide Holdings Inc. has a 1 year low of $263.95 and a 1 year high of $381.34. The stock has a 50 day simple moving average of $333.84 and a 200 day simple moving average of $324.10.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.08. Hilton Worldwide had a negative return on equity of 33.78% and a net margin of 13.40%. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same quarter last year, the company earned $2.11 EPS. The company’s revenue was up 6.6% on a year-over-year basis. Analysts forecast that Hilton Worldwide Holdings Inc. will post 9.17 EPS for the current year.

Hilton Worldwide Dividend Announcement

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

Insider Buying and Selling

In related news, insider Kevin J. Jacobs sold 151,050 shares of the business’s stock in a transaction dated Thursday, October 29th. The stock was sold at an average price of $356.19, for a total value of $53,802,499.50. Following the completion of the transaction, the insider owned 293,758 shares of the company’s stock, valued at $104,633,662.02. The trade was a 33.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Christopher W. Silcock sold 15,638 shares of the company’s stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $370.17, for a total transaction of $5,788,718.46. Following the sale, the insider directly owned 88,257 shares of the company’s stock, valued at $32,670,093.69. This represents a 15.05% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 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 Company Profile

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.