Geller Advisors LLC Takes $255,000 Position in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Geller Advisors LLC acquired a new position in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 1,033 shares of the company’s stock, valued at approximately $255,000.

Other large investors also recently bought and sold shares of the company. Fiduciary Trust Co increased its holdings in Hilton Worldwide by 0.5% in the 4th quarter. Fiduciary Trust Co now owns 7,323 shares of the company’s stock valued at $1,810,000 after purchasing an additional 38 shares during the last quarter. Palumbo Wealth Management LLC raised its holdings in shares of Hilton Worldwide by 2.0% in the 4th quarter. Palumbo Wealth Management LLC now owns 2,134 shares of the company’s stock valued at $528,000 after buying an additional 41 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in Hilton Worldwide by 1.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 3,232 shares of the company’s stock valued at $799,000 after acquiring an additional 43 shares during the period. Arkadios Wealth Advisors increased its stake in Hilton Worldwide by 2.8% during the fourth quarter. Arkadios Wealth Advisors now owns 1,798 shares of the company’s stock worth $444,000 after purchasing an additional 49 shares during the period. Finally, Angeles Wealth Management LLC boosted its stake in shares of Hilton Worldwide by 3.7% in the fourth quarter. Angeles Wealth Management LLC now owns 1,422 shares of the company’s stock valued at $351,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 95.90% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Raymond James upped their price objective on Hilton Worldwide from $250.00 to $290.00 and gave the stock an “outperform” rating in a research report on Monday, February 10th. Barclays decreased their price target on shares of Hilton Worldwide from $233.00 to $232.00 and set an “overweight” rating for the company in a research note on Wednesday, April 30th. Mizuho reiterated a “neutral” rating and set a $263.00 target price (up previously from $243.00) on shares of Hilton Worldwide in a research note on Wednesday, February 5th. Wells Fargo & Company lifted their price target on Hilton Worldwide from $232.00 to $240.00 and gave the stock an “equal weight” rating in a report on Tuesday, February 4th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $235.00 price target (down from $296.00) on shares of Hilton Worldwide in a research note on Monday, April 14th. Twelve analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, 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 12-month low of $194.93 and a 12-month high of $275.22. The firm’s 50-day moving average is $225.49 and its two-hundred day moving average is $242.58. The stock has a market capitalization of $57.80 billion, a P/E ratio of 39.54, a P/E/G ratio of 2.86 and a beta of 1.23.

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

About Hilton Worldwide

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.