Ashton Thomas Securities LLC Purchases Shares of 167 Hilton Worldwide Holdings Inc. (NYSE:HLT)

Ashton Thomas Securities LLC acquired a new position in Hilton Worldwide Holdings Inc. (NYSE:HLT) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 167 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors have also recently made changes to their positions in the business. GHP Investment Advisors Inc. purchased a new stake in Hilton Worldwide during the 3rd quarter valued at approximately $25,000. EdgeRock Capital LLC purchased a new position in Hilton Worldwide during the second quarter valued at $33,000. NewSquare Capital LLC bought a new stake in Hilton Worldwide in the 2nd quarter valued at $37,000. Family Firm Inc. purchased a new stake in Hilton Worldwide in the 2nd quarter worth $38,000. Finally, TruNorth Capital Management LLC bought a new position in shares of Hilton Worldwide during the 2nd quarter valued at about $44,000. Hedge funds and other institutional investors own 95.90% of the company’s stock.

Insider Buying and Selling at Hilton Worldwide

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on HLT. Deutsche Bank Aktiengesellschaft decreased their target price on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a research report on Thursday, August 8th. Macquarie raised their target price on shares of Hilton Worldwide from $205.00 to $208.00 and gave the company a “neutral” rating in a report on Wednesday, August 7th. Mizuho upped their price target on shares of Hilton Worldwide from $237.00 to $243.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Truist Financial lifted their price objective on shares of Hilton Worldwide from $208.00 to $220.00 and gave the stock a “hold” rating in a research note on Thursday, October 24th. Finally, JPMorgan Chase & Co. upped their target price on shares of Hilton Worldwide from $200.00 to $216.00 and gave the company a “neutral” rating in a research report on Friday, July 19th. Eleven analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Hilton Worldwide presently has a consensus rating of “Hold” and a consensus target price of $228.71.

Hilton Worldwide Price Performance

HLT stock opened at $252.65 on Thursday. The company has a market capitalization of $61.59 billion, a PE ratio of 54.22, a P/E/G ratio of 3.15 and a beta of 1.30. Hilton Worldwide Holdings Inc. has a 12 month low of $164.25 and a 12 month high of $254.06. The firm’s 50-day moving average is $231.41 and its 200 day moving average is $217.68.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.07. The firm had revenue of $2.87 billion during the quarter, compared to the consensus estimate of $2.90 billion. Hilton Worldwide had a net margin of 10.70% and a negative return on equity of 60.85%. The company’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Sell-side analysts forecast that Hilton Worldwide Holdings Inc. will post 7 EPS for the current fiscal year.

Hilton Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, November 15th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date is Friday, November 15th. Hilton Worldwide’s dividend payout ratio (DPR) is presently 12.88%.

Hilton Worldwide 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.