Shell Asset Management Co. raised its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 5.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,935 shares of the company’s stock after buying an additional 639 shares during the period. Shell Asset Management Co.’s holdings in Hilton Worldwide Holdings were worth $738,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of HLT. Creative Planning boosted its stake in Hilton Worldwide Holdings by 51.7% in the second quarter. Creative Planning now owns 3,723 shares of the company’s stock valued at $230,000 after buying an additional 1,269 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in Hilton Worldwide Holdings by 68.8% in the second quarter. State of Alaska Department of Revenue now owns 6,747 shares of the company’s stock valued at $417,000 after buying an additional 2,750 shares in the last quarter. LS Investment Advisors LLC boosted its stake in Hilton Worldwide Holdings by 259.6% in the second quarter. LS Investment Advisors LLC now owns 7,565 shares of the company’s stock valued at $468,000 after buying an additional 5,461 shares in the last quarter. ING Groep NV acquired a new stake in Hilton Worldwide Holdings during the second quarter valued at approximately $649,000. Finally, Louisiana State Employees Retirement System acquired a new stake in Hilton Worldwide Holdings during the second quarter valued at approximately $785,000.

Hilton Worldwide Holdings Inc. (HLT) opened at 61.00 on Friday. Hilton Worldwide Holdings Inc. has a 12 month low of $44.73 and a 12 month high of $67.79. The stock’s 50 day moving average price is $62.53 and its 200 day moving average price is $60.72. The firm has a market capitalization of $19.78 billion, a PE ratio of 508.33 and a beta of 1.29.

Hilton Worldwide Holdings (NYSE:HLT) last posted its quarterly earnings data on Wednesday, July 26th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.02. Hilton Worldwide Holdings had a net margin of 0.39% and a return on equity of 19.65%. The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.31 billion. During the same quarter in the previous year, the company posted $0.25 EPS. Hilton Worldwide Holdings’s revenue was up 20.3% on a year-over-year basis. Equities research analysts expect that Hilton Worldwide Holdings Inc. will post $1.84 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, August 18th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.98%. The ex-dividend date is Wednesday, August 16th. Hilton Worldwide Holdings’s dividend payout ratio (DPR) is presently 461.33%.

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Several research firms recently commented on HLT. UBS Group AG raised their target price on Hilton Worldwide Holdings from $64.00 to $74.00 and gave the company a “buy” rating in a research report on Tuesday, June 13th. BidaskClub upgraded Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research upgraded Hilton Worldwide Holdings from a “hold” rating to a “buy” rating and set a $70.00 target price on the stock in a research report on Monday, July 31st. Berenberg Bank upgraded Hilton Worldwide Holdings from a “sell” rating to a “hold” rating and raised their target price for the company from $47.00 to $65.00 in a research report on Monday, July 31st. Finally, Guggenheim began coverage on Hilton Worldwide Holdings in a research report on Wednesday, April 26th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $72.06.

About Hilton Worldwide Holdings

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

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