Tokio Marine Asset Management Co. Ltd. Boosts Stake in Hilton Worldwide Holdings Inc. (NYSE:HLT)

Tokio Marine Asset Management Co. Ltd. increased its position in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,756 shares of the company’s stock after buying an additional 239 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Hilton Worldwide were worth $1,230,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Deutsche Bank AG lifted its position in shares of Hilton Worldwide by 181.1% in the third quarter. Deutsche Bank AG now owns 2,607,803 shares of the company’s stock worth $391,640,000 after buying an additional 1,680,156 shares in the last quarter. Northern Trust Corp lifted its position in shares of Hilton Worldwide by 1.9% in the third quarter. Northern Trust Corp now owns 2,466,740 shares of the company’s stock worth $370,455,000 after buying an additional 46,197 shares in the last quarter. Darsana Capital Partners LP lifted its position in shares of Hilton Worldwide by 14.3% in the third quarter. Darsana Capital Partners LP now owns 2,000,000 shares of the company’s stock worth $300,360,000 after buying an additional 250,000 shares in the last quarter. TD Asset Management Inc raised its position in Hilton Worldwide by 2.4% during the third quarter. TD Asset Management Inc now owns 1,785,911 shares of the company’s stock valued at $268,208,000 after purchasing an additional 41,165 shares during the period. Finally, Nordea Investment Management AB raised its position in Hilton Worldwide by 6.3% during the fourth quarter. Nordea Investment Management AB now owns 1,674,212 shares of the company’s stock valued at $305,159,000 after purchasing an additional 98,790 shares during the period. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

Hilton Worldwide Stock Up 0.5 %

Shares of NYSE:HLT traded up $0.98 during midday trading on Friday, reaching $204.91. 208,465 shares of the company were exchanged, compared to its average volume of 1,485,741. Hilton Worldwide Holdings Inc. has a fifty-two week low of $134.43 and a fifty-two week high of $215.79. The firm has a market cap of $51.50 billion, a PE ratio of 44.57, a P/E/G ratio of 1.83 and a beta of 1.25. The stock has a fifty day simple moving average of $205.70 and a two-hundred day simple moving average of $184.45.

Hilton Worldwide (NYSE:HLT) last released its quarterly earnings data on Wednesday, April 24th. The company reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.12. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.51 billion. Hilton Worldwide had a negative return on equity of 92.07% and a net margin of 11.41%. Hilton Worldwide’s revenue for the quarter was up 12.2% on a year-over-year basis. During the same quarter last year, the business posted $1.24 EPS. As a group, analysts forecast that Hilton Worldwide Holdings Inc. will post 6.99 earnings per share for the current year.

Hilton Worldwide Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, May 17th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.29%. The ex-dividend date is Thursday, May 16th. Hilton Worldwide’s payout ratio is 13.04%.

Insiders Place Their Bets

In related news, insider Christopher J. Nassetta sold 21,489 shares of Hilton Worldwide stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $195.68, for a total transaction of $4,204,967.52. Following the sale, the insider now owns 2,536,478 shares of the company’s stock, valued at approximately $496,338,015.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

HLT has been the topic of a number of recent research reports. Robert W. Baird upped their price objective on Hilton Worldwide from $212.00 to $215.00 and gave the company an “outperform” rating in a research report on Thursday. Barclays upped their price objective on Hilton Worldwide from $216.00 to $219.00 and gave the company an “overweight” rating in a research report on Thursday. Bank of America upped their price objective on Hilton Worldwide from $215.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, March 15th. TD Cowen upped their price objective on Hilton Worldwide from $215.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, March 20th. Finally, Jefferies Financial Group increased their price target on Hilton Worldwide from $157.00 to $182.00 and gave the stock a “hold” rating in a report on Tuesday, January 2nd. Nine analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hilton Worldwide has an average rating of “Moderate Buy” and an average price target of $205.06.

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.