3,546 Shares in Hilton Worldwide Holdings Inc. (HLT) Purchased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. purchased a new stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,546 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Hilton Worldwide Holdings by 46.3% in the 2nd quarter. Vanguard Group Inc. now owns 13,600,970 shares of the company’s stock valued at $841,220,000 after buying an additional 4,302,706 shares during the last quarter. BlackRock Inc. grew its position in shares of Hilton Worldwide Holdings by 13.7% in the 2nd quarter. BlackRock Inc. now owns 12,048,689 shares of the company’s stock valued at $745,212,000 after buying an additional 1,448,078 shares during the last quarter. State Street Corp grew its position in shares of Hilton Worldwide Holdings by 141.6% in the 2nd quarter. State Street Corp now owns 7,865,113 shares of the company’s stock valued at $486,454,000 after buying an additional 4,609,697 shares during the last quarter. FMR LLC grew its position in shares of Hilton Worldwide Holdings by 2.6% in the 2nd quarter. FMR LLC now owns 3,910,463 shares of the company’s stock valued at $241,862,000 after buying an additional 98,978 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in shares of Hilton Worldwide Holdings by 49.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,478,949 shares of the company’s stock valued at $215,173,000 after buying an additional 1,152,164 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

In related news, major shareholder Hlt Holdco Iii Llc sold 15,596,175 shares of the stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $69.11, for a total transaction of $1,077,851,654.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.50% of the company’s stock.

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Shares of Hilton Worldwide Holdings Inc. (HLT) opened at $72.69 on Monday. The company has a market capitalization of $23,257.27, a P/E ratio of 33.65, a PEG ratio of 7.64 and a beta of 1.31. Hilton Worldwide Holdings Inc. has a 52 week low of $48.08 and a 52 week high of $73.76. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 4.53.

Hilton Worldwide Holdings (NYSE:HLT) last issued its quarterly earnings results on Thursday, October 26th. The company reported $0.56 EPS for the quarter, beating the Zacks’ consensus estimate of $0.50 by $0.06. The company had revenue of $2.35 billion during the quarter, compared to the consensus estimate of $2.28 billion. Hilton Worldwide Holdings had a return on equity of 27.32% and a net margin of 0.33%. Hilton Worldwide Holdings’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the business posted $0.41 earnings per share. equities research analysts predict that Hilton Worldwide Holdings Inc. will post 1.9 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, November 17th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date is Thursday, November 16th. Hilton Worldwide Holdings’s payout ratio is 545.45%.

Several equities research analysts recently commented on the company. B. Riley restated a “neutral” rating on shares of Hilton Worldwide Holdings in a research report on Wednesday, November 1st. BidaskClub upgraded Hilton Worldwide Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. Robert W. Baird restated a “buy” rating and set a $78.00 target price on shares of Hilton Worldwide Holdings in a research report on Friday, October 27th. Telsey Advisory Group upped their target price on Hilton Worldwide Holdings from $61.00 to $67.00 and gave the company a “market perform” rating in a research report on Wednesday, July 26th. Finally, Berenberg Bank upgraded Hilton Worldwide Holdings from a “sell” rating to a “hold” rating and upped their target price for the company from $47.00 to $65.00 in a research report on Monday, July 31st. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and fourteen have given a buy rating to the company’s stock. Hilton Worldwide Holdings presently has an average rating of “Buy” and a consensus target price of $73.05.

Hilton Worldwide Holdings Company Profile

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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