American Money Management LLC lowered its stake in shares of Hilton Hotels Co. (NYSE:HLT) by 55.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,703 shares of the company’s stock after selling 8,225 shares during the quarter. American Money Management LLC’s holdings in Hilton Hotels were worth $541,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Capital Fund Management S.A. boosted its position in Hilton Hotels by 14.8% in the 3rd quarter. Capital Fund Management S.A. now owns 497,001 shares of the company’s stock worth $40,148,000 after purchasing an additional 64,000 shares in the last quarter. Riverhead Capital Management LLC lifted its position in shares of Hilton Hotels by 13.3% during the 3rd quarter. Riverhead Capital Management LLC now owns 9,623 shares of the company’s stock valued at $777,000 after buying an additional 1,130 shares in the last quarter. Mutual of America Capital Management LLC lifted its position in shares of Hilton Hotels by 7.1% during the 3rd quarter. Mutual of America Capital Management LLC now owns 38,491 shares of the company’s stock valued at $3,109,000 after buying an additional 2,544 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Hilton Hotels by 589.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 5,469 shares of the company’s stock valued at $441,000 after buying an additional 4,676 shares in the last quarter. Finally, Poehling Capital Management LLC lifted its position in shares of Hilton Hotels by 28.1% during the 3rd quarter. Poehling Capital Management LLC now owns 15,535 shares of the company’s stock valued at $1,255,000 after buying an additional 3,404 shares in the last quarter. Hedge funds and other institutional investors own 96.62% of the company’s stock.

NYSE HLT opened at $75.59 on Friday. Hilton Hotels Co. has a one year low of $63.76 and a one year high of $88.11. The company has a debt-to-equity ratio of 13.03, a current ratio of 0.84 and a quick ratio of 0.84. The firm has a market capitalization of $22.29 billion, a P/E ratio of 37.80, a PEG ratio of 4.27 and a beta of 1.32.

Hilton Hotels (NYSE:HLT) last posted its quarterly earnings data on Wednesday, October 24th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.02. Hilton Hotels had a return on equity of 63.76% and a net margin of 15.51%. The firm had revenue of $2.25 billion during the quarter, compared to the consensus estimate of $2.41 billion. During the same period in the prior year, the company earned $0.56 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. On average, sell-side analysts forecast that Hilton Hotels Co. will post 2.7 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, November 9th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Thursday, November 8th. Hilton Hotels’s dividend payout ratio is currently 30.00%.

A number of brokerages have recently issued reports on HLT. Longbow Research began coverage on Hilton Hotels in a research report on Friday, September 7th. They set a “buy” rating and a $96.00 target price on the stock. Cowen began coverage on Hilton Hotels in a research report on Monday, October 22nd. They set an “outperform” rating and a $81.00 target price on the stock. ValuEngine lowered Hilton Hotels from a “buy” rating to a “hold” rating in a research report on Thursday, September 6th. Raymond James decreased their target price on Hilton Hotels from $96.00 to $82.00 and set a “strong-buy” rating on the stock in a research report on Thursday, October 25th. Finally, Robert W. Baird set a $84.00 target price on Hilton Hotels and gave the company a “buy” rating in a research report on Thursday, October 25th. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Hilton Hotels has a consensus rating of “Buy” and an average price target of $85.28.

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About Hilton Hotels

Hilton Worldwide Holdings Inc, a hospitality company, owns, leases, manages, develops, and franchises 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 to franchisees. It operates hotels under the Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Hilton Hotels & Resorts, Curio – A Collection by Hilton, DoubleTree by Hilton, Tapestry Collection by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, Tapestry Collection by Hilton, and Hilton Grand Vacations brands.

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Institutional Ownership by Quarter for Hilton Hotels (NYSE:HLT)

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