Nisa Investment Advisors LLC Grows Stock Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Nisa Investment Advisors LLC grew its stake in shares of Hilton Worldwide Holdings Inc. (NYSE:HLT) by 17.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 26,626 shares of the company’s stock after acquiring an additional 3,910 shares during the period. Nisa Investment Advisors LLC’s holdings in Hilton Worldwide were worth $6,137,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Quadrature Capital Ltd bought a new position in Hilton Worldwide in the 1st quarter worth about $2,792,000. AIA Group Ltd boosted its position in shares of Hilton Worldwide by 43.4% in the first quarter. AIA Group Ltd now owns 14,103 shares of the company’s stock valued at $3,008,000 after acquiring an additional 4,265 shares during the period. CANADA LIFE ASSURANCE Co grew its stake in Hilton Worldwide by 3.5% during the first quarter. CANADA LIFE ASSURANCE Co now owns 137,675 shares of the company’s stock valued at $29,375,000 after acquiring an additional 4,677 shares in the last quarter. PGGM Investments increased its holdings in Hilton Worldwide by 337.6% during the 2nd quarter. PGGM Investments now owns 14,378 shares of the company’s stock worth $3,137,000 after acquiring an additional 11,092 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in Hilton Worldwide by 25.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,969 shares of the company’s stock worth $13,219,000 after purchasing an additional 12,740 shares in the last quarter. 95.90% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Hilton Worldwide news, insider Michael W. Duffy sold 14,357 shares of the business’s stock in a transaction on Thursday, October 24th. The shares were sold at an average price of $235.73, for a total transaction of $3,384,375.61. Following the transaction, the insider now directly owns 22,833 shares of the company’s stock, valued at approximately $5,382,423.09. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Michael W. Duffy sold 14,357 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $235.73, for a total transaction of $3,384,375.61. Following the sale, the insider now directly owns 22,833 shares in the company, valued at $5,382,423.09. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Laura Fuentes sold 4,919 shares of the company’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $217.00, for a total value of $1,067,423.00. Following the completion of the sale, the insider now directly owns 15,949 shares in the company, valued at approximately $3,460,933. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Barclays decreased their price target on shares of Hilton Worldwide from $244.00 to $243.00 and set an “overweight” rating on the stock in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their target price on Hilton Worldwide from $200.00 to $216.00 and gave the stock a “neutral” rating in a research note on Friday, July 19th. Deutsche Bank Aktiengesellschaft dropped their price target on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating for the company in a research report on Thursday, August 8th. Robert W. Baird raised their target price on shares of Hilton Worldwide from $235.00 to $236.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Melius cut shares of Hilton Worldwide from a “buy” rating to a “hold” rating in a research note on Monday, October 21st. Eleven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $228.71.

Hilton Worldwide Price Performance

Shares of Hilton Worldwide stock opened at $234.85 on Friday. The stock has a market capitalization of $58.72 billion, a P/E ratio of 51.05, a price-to-earnings-growth ratio of 2.64 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a one year low of $148.25 and a one year high of $241.24. The business’s 50 day simple moving average is $227.28 and its two-hundred day simple moving average is $215.05.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 EPS for the quarter, beating analysts’ consensus estimates of $1.85 by $0.07. Hilton Worldwide had a net margin of 11.20% and a negative return on equity of 69.65%. The company had revenue of $2.87 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the prior year, the business posted $1.67 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. Sell-side analysts expect that Hilton Worldwide Holdings Inc. will post 7.03 earnings per share for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 15th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Friday, November 15th. Hilton Worldwide’s payout ratio is 13.04%.

Hilton Worldwide Company Profile

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.