Quadrant Capital Group LLC Buys 330 Shares of Hilton Worldwide Holdings Inc. (NYSE:HLT)

Quadrant Capital Group LLC raised its stake in Hilton Worldwide Holdings Inc. (NYSE:HLTGet Rating) by 33.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,308 shares of the company’s stock after purchasing an additional 330 shares during the quarter. Quadrant Capital Group LLC’s holdings in Hilton Worldwide were worth $198,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HLT. Allspring Global Investments Holdings LLC bought a new stake in Hilton Worldwide in the fourth quarter valued at approximately $6,780,000. D.A. Davidson & CO. purchased a new position in shares of Hilton Worldwide during the fourth quarter valued at approximately $217,000. CWM LLC purchased a new position in shares of Hilton Worldwide during the fourth quarter valued at approximately $118,000. Robeco Institutional Asset Management B.V. increased its stake in shares of Hilton Worldwide by 22.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 50,045 shares of the company’s stock valued at $7,807,000 after buying an additional 9,090 shares during the period. Finally, Centaurus Financial Inc. purchased a new position in shares of Hilton Worldwide during the fourth quarter valued at approximately $115,000. Institutional investors own 97.94% of the company’s stock.

Insider Activity

In other Hilton Worldwide news, insider Matthew W. Schuyler sold 3,000 shares of the stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $134.03, for a total value of $402,090.00. Following the transaction, the insider now owns 259,714 shares of the company’s stock, valued at $34,809,467.42. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, Director Douglas M. Steenland bought 1,967 shares of the stock in a transaction on Tuesday, May 24th. The shares were bought at an average price of $127.69 per share, with a total value of $251,166.23. Following the completion of the acquisition, the director now owns 24,053 shares in the company, valued at $3,071,327.57. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Matthew W. Schuyler sold 3,000 shares of the stock in a transaction dated Monday, May 16th. The shares were sold at an average price of $134.03, for a total value of $402,090.00. Following the completion of the transaction, the insider now directly owns 259,714 shares in the company, valued at approximately $34,809,467.42. The disclosure for this sale can be found here. Insiders have sold a total of 9,000 shares of company stock valued at $1,126,020 over the last ninety days. 2.40% of the stock is currently owned by corporate insiders.

Hilton Worldwide Price Performance

Shares of NYSE:HLT opened at $130.32 on Friday. The company has a market cap of $35.75 billion, a P/E ratio of 37.77, a PEG ratio of 0.59 and a beta of 1.26. Hilton Worldwide Holdings Inc. has a 1 year low of $108.41 and a 1 year high of $167.99. The stock’s fifty day moving average price is $122.83 and its 200-day moving average price is $138.20.

Hilton Worldwide (NYSE:HLTGet Rating) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $1.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.24. The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.10 billion. Hilton Worldwide had a negative return on equity of 114.54% and a net margin of 12.83%. The company’s quarterly revenue was up 68.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.56 earnings per share. On average, sell-side analysts anticipate that Hilton Worldwide Holdings Inc. will post 4.36 earnings per share for the current year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 23rd. Stockholders of record on Friday, August 26th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.46%. The ex-dividend date is Thursday, August 25th. Hilton Worldwide’s payout ratio is currently 17.39%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HLT shares. Cowen reduced their target price on Hilton Worldwide to $130.00 in a research note on Friday, July 22nd. UBS Group upped their price target on Hilton Worldwide from $157.00 to $159.00 and gave the stock a “buy” rating in a research note on Wednesday. Evercore ISI raised Hilton Worldwide from an “in-line” rating to an “outperform” rating and reduced their price target for the stock from $155.00 to $150.00 in a research note on Monday, July 11th. Barclays initiated coverage on Hilton Worldwide in a research note on Tuesday, June 28th. They issued an “equal weight” rating and a $125.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Hilton Worldwide from $141.00 to $120.00 in a research note on Thursday, July 28th. Eleven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $151.00.

Hilton Worldwide Company Profile

(Get Rating)

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. It operates hotels under the Waldorf Astoria Hotels & Resorts, LXR Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Tempo by Hilton, Motto by Hilton, Signia by Hilton, Hilton Hotels & Resorts, Curio 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, and Hilton Grand Vacations.

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

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