Hanseatic Management Services Inc. Grows Holdings in Hilton Worldwide Holdings Inc. (HLT)
Hanseatic Management Services Inc. boosted its holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 2,257.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,959 shares of the company’s stock after purchasing an additional 8,579 shares during the quarter. Hanseatic Management Services Inc.’s holdings in Hilton Worldwide Holdings were worth $622,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. QS Investors LLC boosted its holdings in shares of Hilton Worldwide Holdings by 749.6% during the second quarter. QS Investors LLC now owns 2,362 shares of the company’s stock valued at $146,000 after acquiring an additional 2,084 shares during the period. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Hilton Worldwide Holdings during the third quarter valued at $151,000. Commonwealth Bank of Australia boosted its holdings in shares of Hilton Worldwide Holdings by 255.9% during the second quarter. Commonwealth Bank of Australia now owns 3,022 shares of the company’s stock valued at $185,000 after acquiring an additional 2,173 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in shares of Hilton Worldwide Holdings during the second quarter valued at $219,000. Finally, Keybank National Association OH acquired a new position in shares of Hilton Worldwide Holdings during the third quarter valued at $221,000. 99.29% of the stock is owned by hedge funds and other institutional investors.
Shares of Hilton Worldwide Holdings Inc. (HLT) traded up $0.47 during trading on Thursday, reaching $73.38. 2,939,000 shares of the company’s stock traded hands, compared to its average volume of 2,697,690. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 4.53. Hilton Worldwide Holdings Inc. has a 12-month low of $49.93 and a 12-month high of $73.76. The company has a market capitalization of $23,720.00, a PE ratio of 33.76, a PEG ratio of 7.66 and a beta of 1.30.
Hilton Worldwide Holdings (NYSE:HLT) last posted its quarterly earnings data on Thursday, October 26th. The company reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.06. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.28 billion. Hilton Worldwide Holdings had a return on equity of 27.32% and a net margin of 0.33%. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS. equities research analysts anticipate that Hilton Worldwide Holdings Inc. will post 1.9 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, November 17th will be issued a dividend of $0.15 per share. The ex-dividend date is Thursday, November 16th. This represents a $0.60 annualized dividend and a yield of 0.82%. Hilton Worldwide Holdings’s payout ratio is presently 600.00%.
In other Hilton Worldwide Holdings news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the business’s stock in a transaction dated Wednesday, October 4th. The stock was sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.
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Several equities analysts have recently issued reports on the stock. B. Riley reissued a “neutral” rating on shares of Hilton Worldwide Holdings in a report on Wednesday, November 1st. BidaskClub raised shares of Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 19th. Robert W. Baird reissued a “buy” rating and set a $78.00 price target on shares of Hilton Worldwide Holdings in a report on Friday, October 27th. Goldman Sachs Group, Inc. (The) cut shares of Hilton Worldwide Holdings from a “conviction-buy” rating to a “buy” rating and set a $80.00 price objective on the stock. in a research note on Tuesday. Finally, Telsey Advisory Group lifted their price objective on shares of Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have assigned a buy rating to the company. Hilton Worldwide Holdings currently has an average rating of “Buy” and an average target price of $73.21.
Hilton Worldwide Holdings Profile
Hilton Worldwide Holdings Inc is a hospitality company. The Company is engaged in owning, leasing, managing and franchising hotels and resorts. The Company’s segments include ownership, and management and franchise. Its global portfolio of owned and leased properties includes a range of hotels in gateway cities, such as New York City, London, San Francisco, Chicago, Sao Paolo and Tokyo.
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