First Bank & Trust Has $2.38 Million Holdings in Hilton Worldwide Holdings Inc. (NYSE:HLT)

First Bank & Trust grew its stake in Hilton Worldwide Holdings Inc. (NYSE:HLT) by 34.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,317 shares of the company’s stock after buying an additional 2,637 shares during the quarter. First Bank & Trust’s holdings in Hilton Worldwide were worth $2,378,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of HLT. Wealth Enhancement Advisory Services LLC lifted its holdings in Hilton Worldwide by 277.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 31,903 shares of the company’s stock valued at $7,354,000 after purchasing an additional 23,453 shares during the last quarter. Arkadios Wealth Advisors increased its stake in shares of Hilton Worldwide by 4.2% in the third quarter. Arkadios Wealth Advisors now owns 1,749 shares of the company’s stock valued at $403,000 after buying an additional 70 shares during the period. NorthCrest Asset Manangement LLC raised its holdings in Hilton Worldwide by 4.4% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 3,126 shares of the company’s stock worth $721,000 after purchasing an additional 132 shares during the last quarter. Forsta AP Fonden grew its position in shares of Hilton Worldwide by 10.8% during the 3rd quarter. Forsta AP Fonden now owns 56,200 shares of the company’s stock worth $12,954,000 after buying an additional 5,500 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Hilton Worldwide by 5.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 22,858 shares of the company’s stock worth $5,357,000 after buying an additional 1,223 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Hilton Worldwide

In other news, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide stock in a transaction that occurred on Friday, September 13th. The shares were 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Michael W. Duffy sold 14,357 shares of the company’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 value of $3,384,375.61. Following the completion of the transaction, the insider now directly owns 22,833 shares of the company’s stock, valued at $5,382,423.09. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Laura Fuentes sold 4,919 shares of Hilton Worldwide stock in a transaction dated 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 of the company’s stock, valued at approximately $3,460,933. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Robert W. Baird increased their target price on shares of Hilton Worldwide from $235.00 to $236.00 and gave the company an “outperform” rating in a report on Thursday. TD Cowen decreased their price target on Hilton Worldwide from $265.00 to $256.00 and set a “buy” rating on the stock in a research report on Thursday. Deutsche Bank Aktiengesellschaft lowered their price target on Hilton Worldwide from $185.00 to $181.00 and set a “hold” rating on the stock in a report on Thursday, August 8th. Evercore ISI lifted their price target on Hilton Worldwide from $210.00 to $240.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Finally, Melius lowered shares of Hilton Worldwide from a “buy” rating to a “hold” rating in a research report on Monday, October 21st. Eleven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Hilton Worldwide presently has an average rating of “Hold” and an average price target of $223.21.

Hilton Worldwide Price Performance

HLT traded up $0.90 during trading on Friday, hitting $236.11. The company had a trading volume of 1,055,893 shares, compared to its average volume of 1,305,157. Hilton Worldwide Holdings Inc. has a 1-year low of $148.25 and a 1-year high of $240.00. The business has a 50-day moving average of $225.48 and a 200-day moving average of $214.26. The company has a market cap of $58.18 billion, a PE ratio of 50.02, a P/E/G ratio of 2.64 and a beta of 1.31.

Hilton Worldwide (NYSE:HLT) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported $1.92 earnings per share (EPS) for the quarter, topping 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 business 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 firm earned $1.67 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. Research analysts forecast that Hilton Worldwide Holdings Inc. will post 7.03 earnings per share for the current 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 issued a $0.15 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.60 annualized dividend and a dividend yield of 0.25%. Hilton Worldwide’s dividend payout ratio (DPR) is currently 12.71%.

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.