Ethic Inc. Boosts Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Ethic Inc. boosted its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 13.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,280 shares of the company’s stock after purchasing an additional 3,134 shares during the period. Ethic Inc.’s holdings in Hilton Worldwide were worth $6,743,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fiduciary Trust Co increased its holdings in Hilton Worldwide by 0.5% during the fourth quarter. Fiduciary Trust Co now owns 7,323 shares of the company’s stock valued at $1,810,000 after buying an additional 38 shares during the last quarter. FORA Capital LLC bought a new position in Hilton Worldwide in the 4th quarter worth $6,686,000. EP Wealth Advisors LLC lifted its position in Hilton Worldwide by 4.8% during the fourth quarter. EP Wealth Advisors LLC now owns 3,912 shares of the company’s stock valued at $967,000 after purchasing an additional 179 shares in the last quarter. Colonial Trust Co SC grew its holdings in Hilton Worldwide by 13,150.0% during the fourth quarter. Colonial Trust Co SC now owns 265 shares of the company’s stock valued at $65,000 after purchasing an additional 263 shares during the period. Finally, CoreCap Advisors LLC increased its position in Hilton Worldwide by 6.1% in the fourth quarter. CoreCap Advisors LLC now owns 890 shares of the company’s stock worth $220,000 after buying an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HLT. Evercore ISI cut their price objective on Hilton Worldwide from $275.00 to $245.00 and set an “in-line” rating for the company in a research note on Wednesday, April 23rd. Raymond James raised their price objective on shares of Hilton Worldwide from $250.00 to $290.00 and gave the company an “outperform” rating in a research report on Monday, February 10th. Jefferies Financial Group dropped their target price on shares of Hilton Worldwide from $277.00 to $228.00 and set a “hold” rating for the company in a report on Wednesday, April 9th. Morgan Stanley lowered their price objective on Hilton Worldwide from $251.00 to $241.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 22nd. Finally, Susquehanna lifted their target price on Hilton Worldwide from $247.00 to $250.00 and gave the company a “neutral” rating in a research note on Tuesday, February 25th. Twelve investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $241.31.

Hilton Worldwide Price Performance

Hilton Worldwide stock opened at $243.18 on Friday. Hilton Worldwide Holdings Inc. has a 52-week low of $194.93 and a 52-week high of $275.22. The firm’s fifty day moving average is $225.49 and its 200 day moving average is $242.58. The company has a market cap of $57.80 billion, a price-to-earnings ratio of 39.54, a PEG ratio of 2.86 and a beta of 1.23.

Hilton Worldwide (NYSE:HLT) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.61 by $0.11. Hilton Worldwide had a net margin of 13.74% and a negative return on equity of 54.47%. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter last year, the firm earned $1.53 EPS. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 7.89 earnings per share for the current fiscal year.

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.